A acquired the net assets of B through issuing 15000 shares par value 15 JD...
90.2K
Verified Solution
Link Copied!
Question
Accounting
A acquired the net assets of B through issuing 15000 shares par value 15 JD for a price of 21 JD per share. The company paid 11000 JD for cost of issuing shares. Before the acquisition, P company other capital balance was 115000 JD. The balance for other capital after acquisition is:
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
