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January 1, 2019, We Establish Arab Capital Insurance Inc. With Capital $895,385 Cash And We Purchase Apple And David Inc. They Use Acquisition Methods. We
January 1, 2019, We Establish Arab Capital Insurance Inc. With Capital $895,385 Cash And We Purchase Apple And David Inc. They Use Acquisition Methods. We Paid $521,987 Cash For Apple Inc. Also, $25,987 investment Expenses. We paid $179,654 Cash For David Inc. Also, $10,957 Investment Expenses. As A Result Of This Transaction Both Apple And David Inc. Merge Into Arab Capital Insurance Inc. Please Answer The Following Questions D Apple inc Book V Fair V $210,000 $211,951 $180,000 $159,879 $65,000 $78,987 $90,000 $95,852 $80,000 $69,586 David Inc. book V Fair V $15,000 $15,981 $30,000 $24,357 $80,000 $110,987 $70,000 $61,369 $25,000 $21,753 Assets Cash Account Receivable equipment Inventory Logistics(Cars & truck) Goodwill Total Assets Account Payable Capital Additional paid in Capital Retain Earning Total equity and Liabilities $144,454 $25,897 $145,000 $360,000 $80,000 $40,000 $25.000 $150,000 $40,000 $5,000 8 Calculates the Total Cash After Transaction Took Place. * (2 Points) Enter your
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