What happens to the purchase differential in the consolidation workpaper prepared as of the date of combination?

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What happens to the purchase differential in the consolidation workpaper prepared as of the date of combination? How is it reestablished so that the proper balances can be reported the following year?

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Advanced Financial Accounting

ISBN: 9780072444124

5th Edition

Authors: Richard E. Baker, Valdean C. Lembke, Thomas E. King

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