Acquiring R&D in Process Plado Inc. recently acquired Slado Inc. in a purchase business combi nation. The
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Acquiring R&D in Process Plado Inc. recently acquired Slado Inc. in a purchase business combi¬
nation. The acquisition’s cost was allocated based on an independent appraisal. Of the $50 million acquisition cost, $18 million was allocated to Research & Development in Process.
Required How would you report the $18 million in the consolidated balance sheet at the acquisition date?
In subsequent period consolidated statements?
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