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Journal entry worksheet Record the finder's fee and transfer costs. Note: Enter debits before credits. teel shares were selling at $18 and Pure Products shares
Journal entry worksheet Record the finder's fee and transfer costs. Note: Enter debits before credits. teel shares were selling at $18 and Pure Products shares were selling at $50 just before the merger announcement. Additional cash ayments made by Pure Products in completing the acquisition were equired: repare all journal entries to record the business combination on Pure Products' books. lote: If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Journal entry worksheet Record the merger with Steel Company. Note: Enter debits before credits. On January 1, 20X3, Pure Products Corporation issued 12,000 shares of its $10 par value stock to acquire the net assets of Steel Company. Underlying book value and fair value information for the balance sheet items of Steel at the time of acquisition follow: Journal entry worksheet Record the audit fees and stock registration fees. Note: Enter debits before credits
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