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On the date of acquisition of a company, A) only a consolidated balance sheet is prepared B) the acquirer's assets and liabilities are shown at
On the date of acquisition of a company,
A) only a consolidated balance sheet is prepared
B) the acquirer's assets and liabilities are shown at their historical cost
C) the acquired's assets and liabilities are shown at their fair market value
D) goodwill, if recognized, is shown; retained earnings is that of the acquirer's only
E) all of the above
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