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Accounting

Question 33
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Suppose the following information is related to legal merger: The combinor issued 10000 common shares with $10 par value and $20 FMV to acquire all the voting common stocks of combinee. The journal entries include
a. Debit to common stocks 100000
b. Credit to stock investment 200000
c. Credit to common stocks 100000
d. Credit to stock investment 100000
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