The following data pertains to Questions
Keen and Lax Inc had the following balance sheets on October 31,2007: 
-Assuming that Keen Inc.purchases 100% of Lax Inc.for $200,000,prepare the Consolidated Balance Sheet on the Date of Acquisition.
Definitions:
Driving Forces
Factors or energies that lead to changes in a physical system or environment, often initiating or influencing processes.
Resisting Forces
Forces that oppose motion or movement, including friction, air resistance, and tension, which work against the direction of motion.
Plate Tectonics
A theory in which the lithosphere is divided into a number of mostly rigid plates that move relative to one another, causing tectonic activity along these boundaries.
Tectonic Plate
A massive, irregularly shaped slab of solid rock, part of the Earth's lithosphere, which moves and interacts with other plates in a process that shapes the Earth's surface.
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