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Please help Part A:For the following transactions prepare the requested journal entry: (6 Points) Branch A send merchandise to the main company costs $100,000. Company
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Part A:For the following transactions prepare the requested journal entry: (6 Points)
- Branch A send merchandise to the main company costs $100,000.
- Company Y paid $70,000 cash as a merger fees with company C.
- A partner invested $10,000 cash in a partnership.
- A company issued 2,000 $1 par ($40 market) shares of its ordinary shares to acquire 60% from NFMV of Ahlia assets which equal $1,000,000.
- ABC company the parent sold land worth $20,000 to one of its subsidiaries by $10,000.
- Branch paid $50,000 operating expenses 50% for the company.
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