Under the consolidation entries, what is the balance of receivables ?

A. Debit $150,000 B. Credit$65,000 C. Credit$2,000 D. Debit $2,000 E. No adjustments required for receivables

What is the ending balance the consolidation entries ?

$190,000

$742,000

$189,000

$751,900

$752,000

,

15 Under the consolidation entries, what is the balance of in process research and development expense ?

A. $20,000 B. $200,000 C. $120,000 D. $210,000 E. $0

16 Under the consolidation entries, what is the balance of notes payable ?

+5,000

-5,000

-45,000

-55,000

More information is needed

Questions \#13 through \#20 are based on the following fact: On January 1, , New Tune Company exchanges 15,000 shares of its common stock for all of the outstanding shares of On-the-Go, Inc. Each of NewTune's shares has a $4 par value and a $50 fair value. The fair value of the stock exchanged in the acquisition was considered equal to Onthe-Go's fair value. NewTune also paid $25,000 in stock registration and issuance costs in connection with the merger. Several of On-the-Go's accounts' fair values differ from their book values on this date