Mod 8 P12-5 - (c) 2,750,000 + 150,000 1,600,000 = 1,300,000...

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P12-5 (a) Price paid – fair value = good will 3,000,000 – 2,750,000 = 250,000 (b) 2,750,000 + 150,000 – 1,850,000 = 1.050,000
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Unformatted text preview: (c) 2,750,000 + 150,000 1,600,000 = 1,300,000 (d) Loss on impairment 1,050,000 Accumulated depreciation 1,050,000...
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This note was uploaded on 09/29/2011 for the course ACC 311 taught by Professor Hiles during the Spring '11 term at University of Phoenix.

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