Pass Co transferred the following net assets to a newly created subsidiary, Study Co , in exchange for 40,000 shares of its ( $ 4 ) par value stock rass snoula recora a Investment in Study common stock of ( $ 498,000 ) b Investment in Study common stock of ( $ 448,000 ) c Investment in Study common stock of ( $ 500,000 ) d Investment in study common stock of ( $ 570,000 ) Pass C0 fransferred the following net assels to a newly created subsidiary, Study CO, in exchange for 40,000 shares of its $4 par value stock a Investment in Study common stock of $498,000 b Investment in Study common stock of $448,000 c Investment in Study common stock of $500,000 d Investment in Study cormmon stock of $570,000 Pass C0 fransferred the following net assels to a newly created subsidiary, Study CO, in exchange for 40,000 shares of its $4 par value stock a Investment in Study common stock of $498,000 b Investment in Study common stock of $448,000 c Investment in Study common stock of $500,000 d Investment in Study cormmon stock of $570,000

Question

Pass Co  transferred the following net assets to a newly created subsidiary, Study Co , in exchange for 40,000 shares of its ( $ 4 ) par value stock  rass snoula recora  a  Investment in Study common stock of ( $ 498,000 )  b  Investment in Study common stock of ( $ 448,000 )  c  Investment in Study common stock of ( $ 500,000 )  d  Investment in study common stock of ( $ 570,000 )  Pass C0  fransferred the following net assels to a newly created subsidiary, Study CO, in exchange for 40,000 shares of its $4 par value stock  a  Investment in Study common stock of $498,000  b  Investment in Study common stock of $448,000  c  Investment in Study common stock of $500,000  d  Investment in Study cormmon stock of $570,000  Pass C0  fransferred the following net assels to a newly created subsidiary, Study CO, in exchange for 40,000 shares of its $4 par value stock  a  Investment in Study common stock of $498,000  b  Investment in Study common stock of $448,000  c  Investment in Study common stock of $500,000  d  Investment in Study cormmon stock of $570,000

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Pass Co. transferred the following net assets to a newly created subsidiary, Study Co., in exchange for 40,000 shares of its ( $ 4 )

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