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Pls, I don't want the answer to be handwritten, Thank you! 4. The following book and fair values were available for Worcester Company as of
Pls, I don't want the answer to be handwritten, Thank you!
4. The following book and fair values were available for Worcester Company as of March 1. A. Boston Company pays $3,500,000 cash and issues 15,000 shares of its $5 par value common stock (fair value of ( $45 per share) for all of Worcester Co.'s common stock. Stock issue costs amount to $30,000, and Boston Co. pays 45,000 for legal fees to complete the transaction. Prepare Boston Co.'s Journal entries to record its acquisition of Worcester Co. 1. Prepare the D \& D schedule 2. Prepare the appropriate elimination entriesStep by Step Solution
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