00% of the equity share capital of RRR Corp. was acquired by QQQ Corp. on June 30, 2021. QQQ Corp. issued 500,000 new ordinary shares with a par value of P1.0 and fair value of P8.0 each at the acquisition date. In addition, the acquisition resulted in QQQ Corp. incurring fees payable to external advisers of P200,000 and share issue costs of P180,000. In accordance with PFRS 3, goodwill at acquisition date is measured by subtracting the identifiable assets acquired and the liabilities assumed from:*... a. P 4.18 million b. P 4.20 million c. P 4.39 million d. P 4.00 million pls. answer it asap thank you
00% of the equity share capital of RRR Corp. was acquired by QQQ Corp. on June 30, 2021. QQQ Corp. issued 500,000 new ordinary shares with a par value of P1.0 and fair value of P8.0 each at the acquisition date. In addition, the acquisition resulted in QQQ Corp. incurring fees payable to external advisers of P200,000 and share issue costs of P180,000. In accordance with PFRS 3, goodwill at acquisition date is measured by subtracting the identifiable assets acquired and the liabilities assumed from:*... a. P 4.18 million b. P 4.20 million c. P 4.39 million d. P 4.00 million pls. answer it asap thank you
Chapter8: Consolidated Tax Returns
Section: Chapter Questions
Problem 36P
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100% of the equity share capital of RRR Corp. was acquired by QQQ Corp. on June 30, 2021. QQQ Corp. issued 500,000 new ordinary shares with a par value of P1.0 and fair value of P8.0 each at the acquisition date. In addition, the acquisition resulted in QQQ Corp. incurring fees payable to external advisers of P200,000 and share issue costs of P180,000. In accordance with PFRS 3,
a. P 4.18 million
b. P 4.20 million
c. P 4.39 million
d. P 4.00 million
pls. answer it asap thank you
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