The following book and fair values were available for Beech Company as of June 1...
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The following book and fair values were available for Beech Company as of June : Alder pays cash of $ to acquire Beech. No stock is issued and Alder pays $ for legal fees to complete the transaction. Required: Prepare Alder's journal entries to record its acquisition of Beech. Note: If no entry is required for a transactionevent select No journal entry required" in the first account field. 
The following book and fair values were available for Beech Company as of June :
Alder pays cash of $ to acquire Beech. No stock is issued and Alder pays $ for legal fees to complete the
transaction.
Required:
Prepare Alder's journal entries to record its acquisition of Beech.
Note: If no entry is required for a transactionevent select No journal entry required" in the first account field.
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