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into a business combination: Pam acquired all of Siest Company's assets and llabilities on January 1, 20x2, in exchange for its common shares. Pam issued

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into a business combination: Pam acquired all of Siest Company's assets and llabilities on January 1, 20x2, in exchange for its common shares. Pam issued 8,900 shares of stock to complete the business combination. Required: Prepare a balance sheet of the combined company immediately following the acquisition, assuming Pam's shares were trading at $60 each. Note: Amounts to be deducted should be indicated with minus sign

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