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ollowing are selected accounts and balances for Mergaronite C Jaronite's accounts have been omitted. Credit balances are indic? period. sume that Mergaronite acquired Hill on

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ollowing are selected accounts and balances for Mergaronite C Jaronite's accounts have been omitted. Credit balances are indic? period. sume that Mergaronite acquired Hill on January 1.2017. by issuing 6.000 are but a fair value of $100 each. On January 1, 2017. Hill's land was unde 8.600. and equipment was undervalued by $59400. The builaings had a maining life. A customel

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