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Question 3 (20 marks) On 1 July 2019, Ocean Ltd acquired all theissued shares of River Ltd. Ocean Ltd paid $30 000 in cash and

Question 3 (20 marks) On 1 July 2019, Ocean Ltd acquired all theissued shares of River Ltd. Ocean Ltd paid $30 000 in cash and 20000 shares in Ocean Ltd valued at $3 per share. At this date, theequ 2 answers

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