In business combination, the fair value of combinee plant assets was $ 850,000 and the carrying amount of plant assets was $ 750,000. The journal entry to allocate liquidated company to identifiable assets and liabilities with remainder to goodwill includes:

a.

Credit to plant assets $100,000.

b.

Debit to plant assets $ 100,000.

c.

Debit to plant assets $ 750,000.

d.

Debit to plant assets $ 850,000.

The condensed separate and consolidated balance sheets of Alpha Corporation and its subsidiary, Bita Company, on the date of their business combination, includes plant assets of Alpha $500,000, plant assets of Bita $235,000 and plant assets consolidated $750,000. Indicates that:

a.

Excess of fair value of plant assets of Bita over the carrying amount by $15,000.

b.

Excess of the carrying amount of plant assets of Alpha over fair value by $15,000.

c.

Excess of the carrying amount of plant assets of Bita over fair value by $15,000.

d.

Excess of fair value of plant assets of Alpha over the carrying amount by $15,000.