On April 25 2010 Bullseye Company purchased all of the outstanding common stock
On April 25 2010 Bullseye Company purchased all of the outstanding common stock of Vista Company paying $14000000. The book values and fair values of Vistas assets and liabilities acquired are shown below in dollar amounts:Accounts Book Value Fair ValueAccounts Receivables $1900000 $1725000Inventories $2800000 $4000000Accounts Payable $2000000 $2000000Property Plant and Equipment $8000000 $12625000Bonds Payable $4600000 $4225000Required:Prepare the journal entry to record the acquisition by Bullseye Company.
You can place an order similar to this with us. You are assured of an authentic custom paper delivered within the given deadline besides our 24/7 customer support all through.
Latest completed orders:
| # | topic title | discipline | academic level | pages | delivered |
|---|---|---|---|---|---|
|
6
|
Writer's choice
|
Business
|
University
|
2
|
1 hour 32 min
|
|
7
|
Wise Approach to
|
Philosophy
|
College
|
2
|
2 hours 19 min
|
|
8
|
1980's and 1990
|
History
|
College
|
3
|
2 hours 20 min
|
|
9
|
pick the best topic
|
Finance
|
School
|
2
|
2 hours 27 min
|
|
10
|
finance for leisure
|
Finance
|
University
|
12
|
2 hours 36 min
|
