Required: Prepare the balance sheet for caspian Company immed iately after the merger. 6 Marlos 3) Jack Co, acquired 1005% of the outstanding common stock of pot Co., for OMR 3,000.000 cash and 20,000 shares of its common stock ( OMR 3 par Value). The stocks market value was OMR 50 on the acquisition date. Incurred the following direct costs: Before the acquisition consummation date OMR 100,000 of the direct costs was charged to a deferred charges account pending the completion of the acquisition. The remaining OMR 10,000 has not been accrucd or paid. Required: Prepare the joumal entry to record both the acquisition and the direct costs