In what account is the difference between book value and the value implied by the purchase price

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In what account is the difference between book value and the value implied by the purchase price recorded on the books of the investor? In what account is the "excess of implied over fair value" recorded?

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Advanced Accounting

ISBN: 978-1119119364

6th edition

Authors: Debra Jeter, Paul Chaney

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Question Posted: Sep 27, 2016 10:53 AM

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In what account is the difference between book value and the value implied by the purchase price

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