anuary 1, 2021 Peasy Corp acquired 70 percent of Squeezy Corp voting common stock On that date Peasy reported buildings and equipment on its general ledger at a book value of 37000. January 1 2021 the fair value of the peasy's building and equipment was 59,000. On January 1, 2021 squeezy reproted bulidings and equipment on its genral ledger at a book value of 86,000. On that same date, the fiar
anuary 1, 2021 Peasy Corp acquired 70 percent of Squeezy Corp voting common stock On that date Peasy reported buildings and equipment on its general ledger at a book value of 37000. January 1 2021 the fair value of the peasy's building and equipment was 59,000. On January 1, 2021 squeezy reproted bulidings and equipment on its genral ledger at a book value of 86,000. On that same date, the fiar
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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On January 1, 2021 Peasy Corp acquired 70 percent of Squeezy Corp voting common stock
On that date Peasy reported buildings and equipment on its general ledger at a book value of 37000. January 1 2021 the fair value of the peasy's building and equipment was 59,000.
On January 1, 2021 squeezy reproted bulidings and equipment on its genral ledger at a book value of 86,000. On that same date, the fiar value of the squeezy's buildings and equipment was 76,000
What will be the amount at which buildings and equimpment will be reported in consolidated
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