Hi everyone please answer my question before Sunday Thank u

Assignment no. 1 ACCT 302 Student name: Student ID: Total marks for each assignment: 10 marks Note: 10 marks of all 5 assignments (50 marks) are converted into 15 marks at the end of the semester using the following formula: Actual total marks/ 50 marks*15 marks You are required to work in this assignment individually. Any suspicious activities or cheating will result zero grade in this assignment. Plagiarism is prohibited, answers of high plagiarism receive zero. Students submitting assignment after deadline will have zero Q1: discuss methods of business expansions and give examples? Q2: Differentiate between stock acquisition and assets acquisition? 1 Q3: define parent company and subsidiary company and explain how control be achieved? Q4: company A acquired 100% of voting stocks of company B for $3000000 cash and issuing 30000 common share of its own common stocks 9 par value $1) market price is $30 at acquisition date. Company A incurred and paid direct expenses of $140000 related to acquisition as follows: legal fees $50000, $accounting fees $30000, travel expenses $10000, stock issuance expenses $50000. Company A capitalized these expenses as preferred expenses. Required: 1- Prepare journal entry to record acquisition on company A records. 2- Prepare journal entries to record acquisition expenses on company A records 2 Q5: Company A acquired company B for $1000000 cash, the fair market value of net assets of company B is $900000. Required: 1- Prepare journal entry to record acquisition on records of the acquiring company. Answer: 2-Assume that net fair value of net assets is $1100000 what the journal entry would be on records of the acquiring company? 3