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The following information relates to questions 1 - 6 On 1 July 2 0 2 0 , Cindy Ltd acquired all the issued capital of

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The following information relates to questions 1-6
On 1 July 2020, Cindy Ltd acquired all the issued capital of Vida Ltd for a cash payment of $66,000 when the equity of Vida Ltd was:
\table[[Share capital,$31,000
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