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Acquisition Journal Entry to reflect fair values of New Castle Coffee on 1/1 1. PreparetheacquisitionaccountinganalysisofNewCastleCoffee using theinformationin Schedule2 and Schedule 2A 2. Prepare the acquisition

Acquisition Journal Entry to reflect fair values of New Castle Coffee on 1/1

1.PreparetheacquisitionaccountinganalysisofNewCastleCoffee using

theinformationin Schedule2 and Schedule 2A

2.Prepare the acquisition journal entry for New Castle Coffee based on your work above.

3.Using the journal entry in Number 3, compare the journal entry values by

account and amount and identify all differences compared to Schedule 2.

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