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On August 31, 2012, Jean's Date of Acquisition, Jean Inc

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On August 31, 2012, Jean's date of acquisition, Jean Inc. purchased 90% of John Inc for $400,000. Prepare Jean Inc's consolidated Balance Sheet on the date of acquisition using the Proprietary Theory. On August 31, 2012, Jean's date of acquisition, Jean Inc. purchased 90% of John Inc for $400,000. Prepare Jean Inc's consolidated Balance Sheet on the date of acquisition using the Proprietary Theory. On August 31, 2012, Jean's date of acquisition, Jean Inc. purchased 90% of John Inc for $400,000. Prepare Jean Inc's consolidated Balance Sheet on the date of acquisition using the Proprietary Theory.

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