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On Dec 31,2018 (A) issued 10000 JD1 par value common stock fair value JD 5 for 80% of the net assets of (B). Out-of-pockets costs
On Dec 31,2018 (A) issued 10000 JD1 par value common stock fair value JD 5 for 80% of the net assets of (B). Out-of-pockets costs of the business combination paid by (A) are consisted of legal and accounting fees JD5000 and JD6000 for issuance common stocks, Stockholders equity of (A) and (B) at the date of acquisition are as follows: Explanations Common stock Paid-in-capital Retained eamings KA) 50000 30000 20000 B) 40000 20000 15000 1. The cost of investment in (B) is: 2.The balance of paid-in-capital subsequent to the date of acquisition: a. JD54000 b. JD50000 C. J64000 d. JD20000 3. The balance of retained earning subsequent to the date of acquisition: V
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