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On January 1, 20X6, Jane Company Acquired 80% of the Outstanding

Question 47

Multiple Choice

On January 1, 20X6, Jane Company acquired 80% of the outstanding shares of Pauley Company for $152 in cash.The stockholders' equity accounts of Jane Company and Pauley Company were $420 and $190, respectively.The balance in stockholders' equity on the consolidated balance sheet immediately after the acquisition of Pauley Company's stock is _____.


A) $?0
B) $610
C) $420
D) $458

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