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falcon limited acquired 100% of shares in pedro limited on a cum div. basis. at aquisition date the pedro limited had a declared dividend of
falcon limited acquired 100% of shares in pedro limited on a cum div. basis. at aquisition date the pedro limited had a declared dividend of $80000. the pre-acquisition entry must include the following line a( cr shares in subsidary $780000 b) dr hares in subsidary $620000 c) cr hares in subsidary $620000 d) cr hares in subsidary $80000
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Intermediate Accounting Volume 1 Chapters 1 To 12
Authors: J. David Spiceland, James F. Sepe, Lawrence A. Tomassini, Mark W. Nelson
5th Edition
0073324655, 9780073324654
