September 10 airbus company acquires first solar 104040000, Accounting Basics

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September 10 airbus company acquires first solar 104040000

Problem

September 10, Airbus company acquires First Solar 104,040,000 shares at 33.54€ for a total of €3489.501.600. The par value is €0,001/share. There are 104.040 common stock at par value. Prepare the journal entries in Airbus point of view.

You are free to change numers and datas as you want as long as entries are correct which is what we really need.

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Accounting Basics: September 10 airbus company acquires first solar 104040000

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Accounting Basics: September 10 airbus company acquires first solar 104040000

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