AC AC559-Sand Co. acquired Fence Co.
Question # 00536167
Posted By:
Updated on: 05/29/2017 02:29 AM Due on: 05/29/2017
Sand Co. acquired Fence Co., and, in affecting this business combination, there was a cash-flow performance contingency to be paid in cash and a market-price performance contingency to be paid in additional shares of stock. In what accounts and in what section(s) of a consolidated balance sheet are these contingent consideration items shown?
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Rating:
/5
Solution: AC AC559-Sand Co. acquired Fence Co.