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Prepare post-merger consolidated balance sheet and show calculations. Hopefully this helps On January 1, 2020, Old Tone Company changed 10.000 shares is common stock for

Prepare post-merger consolidated balance sheet and show calculations. image text in transcribed
Hopefully this helps image text in transcribed
On January 1, 2020, Old Tone Company changed 10.000 shares is common stock for all the outstanding Shares of Stop and Go Inc Each of old and shares para indossare the wife stock exchanged in the son considered equal to Stop and Gofar vale ou une also paid 56,000 in och registration and once costs in connection with the me Several of Stop and Gossi fair valus differ from their book value on this date Book Value Fal Value Inventors 580000 590.000 Buildings 200,000 160 000 Land 300.000 360.000 Teades 0 80.000 Pre-combination January 1 2020 book value for the two companies are as follows OM Tune Stop and Cash 5600000 5100 000 Accounts receivable 220.000 75.000 Inventions 120 000 00.000 Land 300.000 300.000 Buong 500.000 200.000 Trademarks 70 000 . Total 52 510 000 5755.000 Labi Commons Pascal 380.000 30.000 5375 000 36.000 600 000 1455.000 12510 000 79,000 275.000 5755.000 Total Aming place and that both companies that spare poster dance sheet het aining Time: 1 hour, 50 minutes, 45 seconds in Common Status On January 1, 2020. O Tune Company exchanged 10,000 shares of its common stock for of the standing shares of Stop and Genc Each of the Old Tune harus has 11 pe valeand as fare the fastech exchanged in the acquisition was considered equal to Stop and Gostar value Old Tune ho paid 56000 in stock region and sunce costs in connection with the merger Several of Stop and Go's accounts fake value offer from their book value on se Book Value Far Value Inventories 500.000 390.000 Buildings 200,000 150.000 Land 300,000 360.000 Trademarks 0 00.000 Pre-combination aury 1.2020 book values for the two companies are as follows Old Tone Stop and Cash 0.000 5100 000 Accounts receivable 220.000 75.000 Inventories 320.000 30.000 Land 000,000 300 000 Building 500,000 200.000 Trademarks 70 000 Totale 12 510 000 1196.000 Labies Common stock Pald in capital Retained earning Total $375.000 00.000 600.000 1,455 000 0000 30.000 70 000 276.000 576000 12.510.000 Assuming no dissolution takes place and that both companies in the separate legides prepare merger consolidated balance the Plats show calculations Save and On January 1, 2020, Old Tone Company changed 10.000 shares is common stock for all the outstanding Shares of Stop and Go Inc Each of old and shares para indossare the wife stock exchanged in the son considered equal to Stop and Gofar vale ou une also paid 56,000 in och registration and once costs in connection with the me Several of Stop and Gossi fair valus differ from their book value on this date Book Value Fal Value Inventors 580000 590.000 Buildings 200,000 160 000 Land 300.000 360.000 Teades 0 80.000 Pre-combination January 1 2020 book value for the two companies are as follows OM Tune Stop and Cash 5600000 5100 000 Accounts receivable 220.000 75.000 Inventions 120 000 00.000 Land 300.000 300.000 Buong 500.000 200.000 Trademarks 70 000 . Total 52 510 000 5755.000 Labi Commons Pascal 380.000 30.000 5375 000 36.000 600 000 1455.000 12510 000 79,000 275.000 5755.000 Total Aming place and that both companies that spare poster dance sheet het aining Time: 1 hour, 50 minutes, 45 seconds in Common Status On January 1, 2020. O Tune Company exchanged 10,000 shares of its common stock for of the standing shares of Stop and Genc Each of the Old Tune harus has 11 pe valeand as fare the fastech exchanged in the acquisition was considered equal to Stop and Gostar value Old Tune ho paid 56000 in stock region and sunce costs in connection with the merger Several of Stop and Go's accounts fake value offer from their book value on se Book Value Far Value Inventories 500.000 390.000 Buildings 200,000 150.000 Land 300,000 360.000 Trademarks 0 00.000 Pre-combination aury 1.2020 book values for the two companies are as follows Old Tone Stop and Cash 0.000 5100 000 Accounts receivable 220.000 75.000 Inventories 320.000 30.000 Land 000,000 300 000 Building 500,000 200.000 Trademarks 70 000 Totale 12 510 000 1196.000 Labies Common stock Pald in capital Retained earning Total $375.000 00.000 600.000 1,455 000 0000 30.000 70 000 276.000 576000 12.510.000 Assuming no dissolution takes place and that both companies in the separate legides prepare merger consolidated balance the Plats show calculations Save and

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