On 1/1/2020 P Company acquired 80% of S Company for 200000 JD cash. The book value of equity for S is 195000 JD. The following table shows differences between FV and BV: Difference between FV & BV...


On 1/1/2020 P Company acquired 80% of S Company for 200000 JD cash. The book value of equity for S is 195000 JD. The<br>following table shows differences between FV and BV:<br>Difference between<br>FV & BV<br>Inventory<br>25000<br>Equipment<br>60000<br>the remaining balance of differences will be:<br>Select one:<br>a. 30000 bargain gain<br>O b. 30000 goodwill<br>Oc.0<br>O d. None of the given answers<br>

Extracted text: On 1/1/2020 P Company acquired 80% of S Company for 200000 JD cash. The book value of equity for S is 195000 JD. The following table shows differences between FV and BV: Difference between FV & BV Inventory 25000 Equipment 60000 the remaining balance of differences will be: Select one: a. 30000 bargain gain O b. 30000 goodwill Oc.0 O d. None of the given answers

Jun 11, 2022
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