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The Following Data Pertains to Questions

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The following data pertains to questions
Parent and Sub Inc had the following balance sheets on July 31,2006: The following data pertains to questions Parent and Sub Inc had the following balance sheets on July 31,2006: Yours Inc's Book Values were equal to their Fair Values on the date of acquisition,with the exception of Yours' Plant and Equipment,which was worth $100,000. -Assume Mine and Yours engage in a Business Combination which qualifies as a Pooling of Interests.On August 1,2006,Mine Inc issues 10,000 shares with a fair market value of $20 each to acquire the assets and liabilities of Yours Inc.What entry would be made in Mine's books on that date? Yours Inc's Book Values were equal to their Fair Values on the date of acquisition,with the exception of Yours' Plant and Equipment,which was worth $100,000.
-Assume Mine and Yours engage in a Business Combination which qualifies as a Pooling of Interests.On August 1,2006,Mine Inc issues 10,000 shares with a fair market value of $20 each to acquire the assets and liabilities of Yours Inc.What entry would be made in Mine's books on that date? The following data pertains to questions Parent and Sub Inc had the following balance sheets on July 31,2006: Yours Inc's Book Values were equal to their Fair Values on the date of acquisition,with the exception of Yours' Plant and Equipment,which was worth $100,000. -Assume Mine and Yours engage in a Business Combination which qualifies as a Pooling of Interests.On August 1,2006,Mine Inc issues 10,000 shares with a fair market value of $20 each to acquire the assets and liabilities of Yours Inc.What entry would be made in Mine's books on that date?

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