Assuming that Keen Inc. purchases 80% of Lax Inc. for $240,000, prepare the Consolidated Balance Sheet on the Date of Acquisition.

Name: Assuming that Keen Inc. purchases 80% of Lax Inc. for $240,000, prepare the Consolidated Balance Sheet on the Date of Acquisition.
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The Answer of   Assuming that Keen Inc. purchases 80% of Lax Inc. for $240,000, prepare the Consolidated Balance Sheet on the Date of Acquisition.

Assuming That Keen Inc