U M U, Mles, 21 seconas. Qu Browse My Computer tus: QUESTION 4 25 F Here is date-of-acquisition information on Fizzy Beverage's assets and liabilities (December 231, 2020): Current assets Property, plant and equipment, net Total assets Book Value $ 2,000 18.000 $ 20,000 Fair Value $ 1,200 8,000 10,000 $ 10,000 2,500 7,400 Liabilities Capital stock Retained earnings Accumulated other comprehensive income Treasury stock Total liabilities and equity 300 (200) $ 20,000 Cola King Company acquires all of the voting stock of Fizzy Beverage, paying the following amounts: Cash consideration to the former owners Fair value of new no-par common stock issued Registration fees on new stock issued, paid in cash Accounting, consulting, and attorney services, paid in cash $40,000 50,000 500 2,000 Fizzy has the following previously unreported intangible assets meeting the criteria for separate recognition as identifiable intangible assets. Cavablan Inn Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Remaining Time: 2 hours, 14 minutes, 18 seconds. Question Completion Status: Fizzy has the following previously unreported intangible assets meeting the criteria for separate recognition as identifiable intangible assets. Favorable lease agreements Developed technology $ 3,000 30,000 Additional liabilities, (whose book value is $0) of $ 12,500 are recognized as a result of the acquisition Provide the consolidated balance sheet on December 31, 2020 given the following individual balances for the parent and the subsidiary: Cola King Dr (C) $ 30,000 f iazy Dr (C) $2,000 Consolidated Dr (Cr) 18.000 600.000 90,000 40.000 Current assets Property, plant & equipment. net Investment in Fizzy Identifiable intangible assets Goodwill Liabilities Capital stock Retained earnings Accumulated other comprehensive income Treasury stock Total (568.000) (10,000) (180,000) (10,000) 12,500) 7.400) (4.000) 2.000 (300) 200 Attach File Browse My Computer Browse Content Collection Click Save and Submit to save and submit. Click Save All Answers to save all answers U M U, Mles, 21 seconas. Qu Browse My Computer tus: QUESTION 4 25 F Here is date-of-acquisition information on Fizzy Beverage's assets and liabilities (December 231, 2020): Current assets Property, plant and equipment, net Total assets Book Value $ 2,000 18.000 $ 20,000 Fair Value $ 1,200 8,000 10,000 $ 10,000 2,500 7,400 Liabilities Capital stock Retained earnings Accumulated other comprehensive income Treasury stock Total liabilities and equity 300 (200) $ 20,000 Cola King Company acquires all of the voting stock of Fizzy Beverage, paying the following amounts: Cash consideration to the former owners Fair value of new no-par common stock issued Registration fees on new stock issued, paid in cash Accounting, consulting, and attorney services, paid in cash $40,000 50,000 500 2,000 Fizzy has the following previously unreported intangible assets meeting the criteria for separate recognition as identifiable intangible assets. Cavablan Inn Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Remaining Time: 2 hours, 14 minutes, 18 seconds. Question Completion Status: Fizzy has the following previously unreported intangible assets meeting the criteria for separate recognition as identifiable intangible assets. Favorable lease agreements Developed technology $ 3,000 30,000 Additional liabilities, (whose book value is $0) of $ 12,500 are recognized as a result of the acquisition Provide the consolidated balance sheet on December 31, 2020 given the following individual balances for the parent and the subsidiary: Cola King Dr (C) $ 30,000 f iazy Dr (C) $2,000 Consolidated Dr (Cr) 18.000 600.000 90,000 40.000 Current assets Property, plant & equipment. net Investment in Fizzy Identifiable intangible assets Goodwill Liabilities Capital stock Retained earnings Accumulated other comprehensive income Treasury stock Total (568.000) (10,000) (180,000) (10,000) 12,500) 7.400) (4.000) 2.000 (300) 200 Attach File Browse My Computer Browse Content Collection Click Save and Submit to save and submit. Click Save All Answers to save all answers
