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22 22 18 points 02:18:12 NBV of net assets Acquisition differential Allocated to: Plant & equipment Trademarks Total allocated Changes in Year 4 Balance,
22 22 18 points 02:18:12 NBV of net assets Acquisition differential Allocated to: Plant & equipment Trademarks Total allocated Changes in Year 4 Balance, end of year (11) Prepare Par Company's journal entry for adjustments pertaining to the changes to the acquisition differential for Year 4. General Journal To record Par's share of changes to acquisition differential for Year 4. (Click to select) (Click to select) Debit Credit (b) Assume that the U.S. dollar is the functional currency for Bayshore Company. (1) Prepare a schedule showing the differential allocation and amortization for Year 4. The schedule should present both Canadian dollars and U.S. dollars. (Negative amounts and deductions should be indicated by a minus sign. Round final answers to nearest whole number. Omit $ sign in your response.) Cost of acquisition NBV of net assets Acquisition differential Allocated to: Plant & equipment Trademarks Total allocated US$ C$ At date of acquisition $ $ $ US$ US$ C$ Changes in Year 4 Balance, end of year (11) Prepare Par Company's journal entry for adjustments pertaining to the changes to the acquisition differential for Year 4. Event (1) General Journal To record Par's share of changes to acquisition differential for Year 4. (Click to select) (Click to select) (2) To record Par's share of exchange loss from translating at closing rate. (Click to select) (Click to select) Debit Credit $
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