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The following book and tair values were available for Westmont Company as of March 1. Arturo pays cash of $4,424,000 to acquire Westmont. No stock

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The following book and tair values were available for Westmont Company as of March 1. Arturo pays cash of $4,424,000 to acquire Westmont. No stock is issued and Arturo pays $49,300 for legal fees to complete the transaction. Prepare Arturo's journal entries to record its acquisition of Westmont. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transactlon list Journal entrv worksheet Note: Enter Gebits verore creaits. Recordentry Clear entry View general joumal

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