Fundamentals of Advanced Accounting 5th Edition by Joe Ben Hoyle,Thomas Schaefer,Timothy Doupnik

تمرين 32

Washburn Company owns 75 percent of Metcalf Company's outstanding common stock. During the current year, Metcalf issues additional-shares to outside parties at a price more than its per share consolidated value. How does this transaction affect the business combination How is this impact recorded within the consolidated statements