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QUESTION 10 10 points Wiley Coyote Inc acquired 40% of the 60.000 outstanding shares of common stock of RoadRunner Inc. at a total cost of
QUESTION 10 10 points Wiley Coyote Inc acquired 40% of the 60.000 outstanding shares of common stock of RoadRunner Inc. at a total cost of $10 per share on July 18, 2022. On August 30, Roadtunner declared and paid a $45,000 dividend. On December 31, Willey Coyote Inc. reported net income of $244,000 for the year. What are the journal entries for Wiley Coyote Inc on July 18 and on August 30 and un December 312 for the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIUS Paragraph V Arial V 10pt V XOQ LV I EB 52 www. BAO EE xx 8 V 11 ( O Save As Avers Save and Submit to save and submit. Click Save All Answers to save all anncers. D D
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