Describe the equity method and how to prepare basic equity method journal entries and excess amortization for the investor. Include a discussion on how to allocate the cost of an equity method...

Describe the equity method and how to prepare basic equity method journal entries and excess amortization for the investor. Include a discussion on how to allocate the cost of an equity method investment and compute amortization expense from the investment in excess of the investor cost over investee book value. Just answer each of the questions and no characters limited!! Try to use theeasy way to answer these questions because this assignment is prepared for my presentation!! Thanks.