Given the facts in Exercise 14-5, how much would be recorded as goodwill in each of the

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Given the facts in Exercise 14-5, how much would be recorded as goodwill in each of the following instances? The same amount was paid, but the parent company acquired a-

\section*{Exercise 14-4}

a. $90 \%$ interest.

Prepare equity method entries for an investment (L.O. 1, 3)

\section*{Exercise 14-5}

Record investment at book value and elimination entry as of acquisition date (L.O. 5)

\section*{Exercise 14-6}

Determine amount of goodwill (L.O.5)

b. $70 \%$ interest.

c. $55 \%$ interest.

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Financial Accounting A Business Perspective

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Authors: Roger H. Hermanson, James Don Edwards

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Given the facts in Exercise 14-5, how much would be recorded as goodwill in each of the

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Financial Accounting A Business Perspective

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