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How to solve Question One On 1 July 2 0 2 2 , Swift Ltd acquired all the issued shares of Celtic Ltd for $

How to solve

Question One

1

July

2022,

Swift Ltd acquired all the issued shares of Celtic Ltd for $

250000 .

At this date, the equity of Celtic Ltd was made up of the following items:

\

table

[[

Share capital,$

105000

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