Business, 14.12.2019 05:31 aliyyahlove

Ticasso co. issued 5,000 shares of its $1 par common stock, valued at $100,000, to acquire shares of eurat company in an all-stock transaction. ticasso paid the investment bankers $35,000 and will treat the investment banker fee asa) an expense for the current year. b) a prior period adjustment to retained earnings. c) additional goodwill on the consolidated balance sheet. d) a reduction to additional paid-in capital.

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Ticasso co. issued 5,000 shares of its $1 par common stock, valued at $100,000, to acquire shares of...

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