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Question 19 Which of the following journal entry is the best to describe the merger situation? Receivable Trademarks 63,000 225.000 Record Catalog 180,000 In
Question 19 Which of the following journal entry is the best to describe the merger situation? Receivable Trademarks 63,000 225.000 Record Catalog 180,000 In process Research 200,000 Notes Payable Cash Goodwill 45,000 400,000 243,000 Receivable 163,000 Trademarks 225,000 Record Catalog 180,000 In process Research 200,000 Notes Payable 45,000 Cash 400,000 Goodwill 143,000 Investment in the Subsidiary 750,000 Common Stock APIC 690,000 60,000 Investment in the Subsidiary 750,000 Common Stock APIC 60,000 690,000 O Investment in the Subsidiary Common Stock APIC Answer D 450,000 60.000 390,000
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