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Business, 04.12.2019 04:31 sweetgirl22899

On september 1, 2020, pina corporation acquired kingbird enterprises for a cash payment of $690,000. at the time of purchase, kingbird’s balance sheet showed assets of $570,000, liabilities of $230,000, and owners’ equity of $340,000. the fair value of kingbird’s assets is estimated to be $880,000.

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On september 1, 2020, pina corporation acquired kingbird enterprises for a cash payment of $690,000....
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