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Please answer the question correctly. Just need the answers to complete the chart. Pencil Company acquired 70 percent of Stylus Corporation's stock on January 2,203,
Please answer the question correctly. Just need the answers to complete the chart. Pencil Company acquired 70 percent of Stylus Corporation's stock on January 2,203, for $75,600 cash. Summarized balance sheet data for the companies on December 31, 20x2, follow: Required: Prepare a consolidated balance sheet immediately following the acquisition. Pencil Company acquired 70 percent of Stylus Corporation's stock on January 2,203, for $75,600 cash. Summarized balance sheet data for the companies on December 31, 20x2, follow: Required: Prepare a consolidated balance sheet immediately following the acquisition
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