5 Quesuum. 5 DES 17 of 19 (12 complete) In 2020. Cristin Electronics purchased Walton Electronics, paying $2 3 million in a note payable. The market value of Walton Electronics' assets was $37 million and Walton Electronics had abilities Required 1. Compute the cost of the goodwill purchased by Cristin Electronics 2. Record the purchase by Cristin Electronics 3. A1 2020 year end the annual review of goodwill value indicated no impairment of goodwill Record the entry Cristin will make for goodwill at December 31, 2020 4. AL 2021 year end the annual review of goodwill value indicated a 30 percent impairment of the Waton Electronics goodwill. Record the entry for the goodwal impalment at December 31, 2021 Requirement 1. Compute the cost of the goodwill purchased by Celestin Electronics (Enter the amount in dollars, not millons The cost of the goodwill purchased by Con Electronics was 53 Requirement 2. Record the purchase by Cristin Electronica Enter amounts in dollars, not millions. Record debits first, then credits. Exclude explanations from journal entries. I no entry is required required on the time of the journal entry table) General Journal Date Account Tities and Explanations Da Credit 2020 De Choose the TAM Type here to search B. E R T Y you will purchased by Cristin Electronics. Record the purchase by Cristin Electronics 12020 year end, the annual review of goodwill value indicated no impairment of goodwill. Record the entry Cristin will make for goodwill at December 31, 2020 At 2021 year end, the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwill. Record the entry for the goodwill impairm equirement 1. Compute the cost of the goodwill purchased by Cristin Electronics (Enter the amount in dollars, not millions.) the cost of the goodwill purchased by Cristin Electronics was $ Requirement 2. Record the purchase by Cristin Electronics (Enter amounts in dollars, not millions. Record debits first, then credits. Exclude explanations from journa Required" on the first line of the journal entry table.) General Journal Account Titles and Explanations Date Debit Credit 2020 Dec 31 Choose from any stot enter any number in the input fields and then continus to the next question - Type here to search 8 7 6 8 2 2020. Cristin Electronics purchased Walton Electronics, paying $2.3 million in a note payable. The market value of Walton Electronics assets was 53.7 million, and Walton Electroni equired . Compute the cost of the goodwill purchased by Cristin Electronics e. Record the purchase by Cristin Electronics 3. At 2020 year end, the annual review of goodwill value indicated no impairment of goodwill Record the entry Cristin will make for goodwill at December 31, 2020 4. At 2021 year end, the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwill. Record the entry for the goodwill impairment at December Requirement 3. Al 2020 year end, the annual review of goodwill value indicated no impairment of goodwill. Record the entry Chist wil make for goodwill at December 31, 2020 (Entera debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the journal entry table.) General Journal Date Account Titles and Explanations Debit Credit 2020 Dec 31 Requirement 4. At 2021 year and the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwill Record the entry for the goodwill impairment at Decan dollars, not millions. Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the journal entry Choose from any list or enter any number in the input folds and then continue to the next question 18 o Type here to search HUIVIDUI Walton Electronics'assets was $3.7 million, and Walton Compute the cost of the goodwill purchased by Cristin Electronics. Record the purchase by Cristin Electronics 5. At 2020 year end, the annual review of goodwill value indicated no impairment of goodwill. Record the entry Cristin will make for goodwill at December 31, 2020. 4. Al 2021 year end, the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwill. Record the entry for the goodwill impairment at D Requirement 4. At 2021 year end, the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwil. Record the entry for the goodwill impair dollars, not millions. Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the General Journal Date Account Titles and Explanations Debit Credit 2021 Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question O BI Type here to search 2 5 Quesuum. 5 DES 17 of 19 (12 complete) In 2020. Cristin Electronics purchased Walton Electronics, paying $2 3 million in a note payable. The market value of Walton Electronics' assets was $37 million and Walton Electronics had abilities Required 1. Compute the cost of the goodwill purchased by Cristin Electronics 2. Record the purchase by Cristin Electronics 3. A1 2020 year end the annual review of goodwill value indicated no impairment of goodwill Record the entry Cristin will make for goodwill at December 31, 2020 4. AL 2021 year end the annual review of goodwill value indicated a 30 percent impairment of the Waton Electronics goodwill. Record the entry for the goodwal impalment at December 31, 2021 Requirement 1. Compute the cost of the goodwill purchased by Celestin Electronics (Enter the amount in dollars, not millons The cost of the goodwill purchased by Con Electronics was 53 Requirement 2. Record the purchase by Cristin Electronica Enter amounts in dollars, not millions. Record debits first, then credits. Exclude explanations from journal entries. I no entry is required required on the time of the journal entry table) General Journal Date Account Tities and Explanations Da Credit 2020 De Choose the TAM Type here to search B. E R T Y you will purchased by Cristin Electronics. Record the purchase by Cristin Electronics 12020 year end, the annual review of goodwill value indicated no impairment of goodwill. Record the entry Cristin will make for goodwill at December 31, 2020 At 2021 year end, the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwill. Record the entry for the goodwill impairm equirement 1. Compute the cost of the goodwill purchased by Cristin Electronics (Enter the amount in dollars, not millions.) the cost of the goodwill purchased by Cristin Electronics was $ Requirement 2. Record the purchase by Cristin Electronics (Enter amounts in dollars, not millions. Record debits first, then credits. Exclude explanations from journa Required" on the first line of the journal entry table.) General Journal Account Titles and Explanations Date Debit Credit 2020 Dec 31 Choose from any stot enter any number in the input fields and then continus to the next question - Type here to search 8 7 6 8 2 2020. Cristin Electronics purchased Walton Electronics, paying $2.3 million in a note payable. The market value of Walton Electronics assets was 53.7 million, and Walton Electroni equired . Compute the cost of the goodwill purchased by Cristin Electronics e. Record the purchase by Cristin Electronics 3. At 2020 year end, the annual review of goodwill value indicated no impairment of goodwill Record the entry Cristin will make for goodwill at December 31, 2020 4. At 2021 year end, the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwill. Record the entry for the goodwill impairment at December Requirement 3. Al 2020 year end, the annual review of goodwill value indicated no impairment of goodwill. Record the entry Chist wil make for goodwill at December 31, 2020 (Entera debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the journal entry table.) General Journal Date Account Titles and Explanations Debit Credit 2020 Dec 31 Requirement 4. At 2021 year and the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwill Record the entry for the goodwill impairment at Decan dollars, not millions. Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the journal entry Choose from any list or enter any number in the input folds and then continue to the next question 18 o Type here to search HUIVIDUI Walton Electronics'assets was $3.7 million, and Walton Compute the cost of the goodwill purchased by Cristin Electronics. Record the purchase by Cristin Electronics 5. At 2020 year end, the annual review of goodwill value indicated no impairment of goodwill. Record the entry Cristin will make for goodwill at December 31, 2020. 4. Al 2021 year end, the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwill. Record the entry for the goodwill impairment at D Requirement 4. At 2021 year end, the annual review of goodwill value indicated a 30 percent impairment of the Walton Electronics goodwil. Record the entry for the goodwill impair dollars, not millions. Record debits first, then credits. Exclude explanations from journal entries. If no entry is required, select "No entry required" on the first line of the General Journal Date Account Titles and Explanations Debit Credit 2021 Dec 31 Choose from any list or enter any number in the input fields and then continue to the next question O BI Type here to search 2