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| Topic: |
Social Issues
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| Number of pages / Number of words: |
34 / 9306 |
Essay's paper body
It is also often easier to sell or spin-off a subsidiary than an integrated part of the firm.
11-11 The answer depends upon who sells Company A the shares. If Company A purchases the shares of B from the shareholders of B, not from the company itself, the company's books are unaffected. If Company A purchases the shares from Company B when Company B is created, Company B debits cash and credits common stock and additional-paid-in-capital...
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If Company A purchases the shares of B from the shareholders of B, not from the company itself, the company's books are unaffected. If Company A purchases the shares from Company B when Company B is created, Company B debits cash and credits common stock and additional-paid-in-capital.
11-12 Eliminating entries remove double-counting...
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