Linden Corporations is nogotivting for the porchase of Ivanhoe Company. The following is an abbreviatod...
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Linden Corporations is nogotivting for the porchase of Ivanhoe Company. The following is an abbreviatod balance sheet of Ivanhoe. Additional informskion: 1. tand is undervalued by $16,500. 2. Equigment is evervalued by 33,500 . Ivanhon agrees tp sell the business to tinden for $300,500 Pregare tho entry to tecord the purchaye of Ivanhoe Campsiy on Einden s books / Credit account flitic are automoticolly inderited when the amourt is entered, Do not indert msually If no entry is required, select "No Entry" for the account tities and enter ofor the amourts, Lhit an debit entries before credt entries)
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