pascal corporation purchased 90 of the stock of salzer company for 2070000 on january 1 2012 on this date the fair value of the assets and liabilities of/

Required:
In general journal form, prepare the entries on Salzer Company’s books to record the effect of the pushed down values implied by the purchase of its stock by Pascal Company assuming that values are allocated on the basis of the fair value of Salzer Company as a whole imputed from the transaction.