Essay
The following data pertains to Questions
Jean and John Inc had the following balance sheets on August 31,2007: 
On August 31,2007,Jean's date of acquisition,Jean Inc.purchased 90% of John Inc for $400,000.
-Prepare Jean Inc's consolidated Balance Sheet on the date of acquisition using the Proprietary Theory.
Correct Answer:
Verified
Correct Answer:
Verified
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