Business, 16.10.2019 23:20 TheBugDa

In addition, acme paid an investment bank $33,800 cash for assistance in arranging the combination. using the legacy purchase method for pre-2009 business combinations, prepare acme’s entry to record its acquisition of brem in its accounting records assuming the following cash amounts of $648,200 and $437,200 were paid to the former owners of brem. how would these journal entries change if the acquisition occurred post-2009 and therefore acme applied the acquisition method?

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