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acc311.2 - (7mil-4mil(800000-500000 2700000 b there is no...

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1a) Investment in Baxter 4200000 Common Stock 600000 Additional paid in Capital 3600000 b) Acqusition Expense 700000 Cash 700000 c) Investment in Baxter 700000 Cash 700000 d) Additional Paid in Capital 600000 Cash 600000 e) Additional Paid in Capital 600000 Cash 600000 f) No 2a) Investment in Roberts 2350000 Cash 2000000 CPOL(500000 x .70) 350000 b) Investment in Roberts 15000 CPOL 15000 c) CPOL 35000 Investment in Roberts 35000 3 a) FV parent 800000 FV sub 300000 1100000 b) BV parent 900000 FV sub 300000 1200000 c) BV parent  900000 BV sub 200000 1100000 4 a) Capitalize at FV 200000 b) not record but expensed expensed c) no value assigned d) No 5 a) Invest account (6+4+2) 12000000 b) same as acquisition method 12000000 c) acquisition  500000 purchase  2000000 6a)
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Unformatted text preview: (7mil -4mil) - (800000-500000) 2700000 b) there is no goodwill c) (7mil - 4mil) + (800000-500000) 3300000 d) there is no goodwill 23 a) FV of stock 1500000 CPO 30000 1530000 b) reduce addition paid in capital c) it should be expensed d) Common Stock account 20000 Addition Paid in Capital (74 x 20,000) 1480000 e) FV of consideration transferred 1530000 Receivables 80000 Patented technology 700000 Customer Relations 500000 IPR&D 300000 Liabilities-400000 1180000 Goodwill 350000 f) omitted from consolidation g) they do not effect consolidation totals h) Fv of consideration tranfered is now 1030000...
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