On 30 June 20X7, Edison Ltd acquired all the assets and liabilities of Oliver Ltd,...
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On June X Edison Ltd acquired all the assets and liabilities of Oliver Ltd with Oliver Ltd going into liquidation. In exchange for these assets and liabilities, Edison Ltd issued shares, and the fair value of each share at the acquisition date is $ Costs of issuing these shares amounted to $ Legal costs associated with the acquisition of Oliver Ltd amounted to $ The assets and liabilities of Oliver Ltd at June X were as follows: tableCarrying amount,Fair valueCashtableAccounts receivable Cost: $Estimated uncollectable debts: $
On June X Edison Ltd acquired all the assets and liabilities of Oliver Ltd with Oliver Ltd going into liquidation. In exchange for these assets and liabilities, Edison Ltd issued shares, and the fair value of each share at the acquisition date is $ Costs of issuing these shares amounted to $ Legal costs associated with the acquisition of Oliver Ltd amounted to $
The assets and liabilities of Oliver Ltd at June X were as follows:
tableCarrying amount,Fair valueCashtableAccounts receivable Cost: $Estimated uncollectable debts: $
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