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t acquisition, 30 June 2017: -On 30 June 2017, Emmy Ltd acquired 100% of the issued capital of Ruby Ltd for $600,000 cash. The balance

t acquisition, 30 June 2017: -On 30 June 2017, Emmy Ltd acquired 100% of the issued capital of Ruby Ltd for $600,000 cash. The balance sheet of Ruby Ltd at the acquisition date showed: Share capita...

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