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I 10.1 Hacquired 10 million ordinary shares of S by issuing 7 million ordinary shares and RM5 million 10 percent loan stock nHand paying cash

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I 10.1 Hacquired 10 million ordinary shares of S by issuing 7 million ordinary shares and RM5 million 10 percent loan stock nHand paying cash of RM1 million. The market price of H's shares was RM3.00 each on the date of acquisition Required: Show the journal entries in the books of H to record the acquisition of the shares in S. I 10.2 The facts are as stated in Question 10.1 above except that the fair value of H's shares cannot be obtained but the fair value of S's shares was RM2.20 per share. Required: Show the journal entries in the books of H to record the acquisition of the shares in S

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