Advanced Accounting 10th Edition by Thomas Schaefer, Joe Ben Hoyle, Timothy Doupnik

تمرين 7

Treadwav Corporation acquires Hooker, Inc.The parent pays more for it than the fair value of the subsidiary's net assets.On the acquisition date, Treadway has equipment with a book valueof $420,000 and a fair value of $530,000.Hooker has equipment with a book value of $330,000 and a fair value of $390,000.Hooker is going to use push-down accounting.Immediately after the acquisition, what amounts in the Equipment account appear on Hooker ' s separate balancesheet and on the consolidated balance sheet a. $330,000 and $750,000.
B) $330,000 and $860,000.
C) $390,000 and $810,000.
D) $390,000 and $920,000.