Question
1) Prepare the value analysis and determination and distribution of excess schedules for the acquisition of the Harris Company investment. (i.e. show your calculations in
1) Prepare the value analysis and determination and distribution of excess schedules for the acquisition of the Harris Company investment. (i.e. show your calculations in determining goodwill and how the excess of fair value over book value is allocated to specific accounts) 2) Prepare elimination entries in general journal format. Be sure to include an explanation for each journal entry. 3)Detemine the non-controlling interest share of consolidated net income for the year-ended December 31, 2017 4) Prepare consolidated worksheet for December 31, 2017 using the blank schedule provided.
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