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Peanut pays the following costs in cash at the time of the merger: At the time of the stock issue, Peanut's shares were selling for
Peanut pays the following costs in cash at the time of the merger: At the time of the stock issue, Peanut's shares were selling for $ per share and Strawberry's shares were selling for $ per share. Balance sheets and fair value information for the two companies on December were as follows: Prepare the necessary journal entries on Peanuts books to record the merger assuming that Strawberry is dissolved Hint: there are journal entries
Peanut pays the following costs in cash at the time of the merger:
At the time of the stock issue, Peanut's shares were selling for $ per share and Strawberry's shares were selling for $ per share.
Balance sheets and fair value information for the two companies on December were as follows:
Prepare the necessary journal entries on Peanuts books to record the merger assuming that Strawberry is dissolved Hint: there are journal entries
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