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The Following Data Pertains to Questions

Question 37

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The following data pertains to questions
Parent and Sub Inc had the following balance sheets on July 31,2006: The following data pertains to questions  Parent and Sub Inc had the following balance sheets on July 31,2006:   Yours Inc's Book Values were equal to their Fair Values on the date of acquisition,with the exception of Yours' Plant and Equipment,which was worth $100,000. -What amount would appear in Yours' Investment Account after the Pooling of Interests in Question 29 has taken place? A) $200,000 B) $12,000 C) $100,000 D) Nil Yours Inc's Book Values were equal to their Fair Values on the date of acquisition,with the exception of Yours' Plant and Equipment,which was worth $100,000.
-What amount would appear in Yours' Investment Account after the Pooling of Interests in Question 29 has taken place?


A) $200,000
B) $12,000
C) $100,000
D) Nil

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