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Arizona Corporation acquired the business Data Systems for $300,000 cash and assumed all liabilities at the date of purchase. Data's books showed tangible assets of

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Arizona Corporation acquired the business Data Systems for $300,000 cash and assumed all liabilities at the date of purchase. Data's books showed tangible assets of $300,000, labilities of $15,000, and stockholders' equity of $285,000. An appraiser assessed the fair market value of the tangible assets at $290.000 and abilities at $15.000 at the date of acquisition Antzona Corporation's financial condition just prior to the acquisition is shown in the following statements model Balance Sheet Inco Staten Assets Tangle Stockholders statement of Cash Cash Assets Goodwill Liabilities Equity Revenu Expenses Net Income Tlow So, 000 NA Required a. Compute the amount of goodwill acquired b. Record the acquisition in a financial statements model, Arizona Corporation's financial condition just prior to the acquiston is shown in the financial statements model d. Recome the acquisition in general Journal format NA NA M Complete this question by entering your answers in the tabs below. Required Regis Compute the amount of goodwill acces. Good Arizona Corporation acquired the business Data Systems for $300,000 cash and assumed allabies at the date of purchase. Data's books showed tangible amets of $300,000, tables of 15.000, and stockholders equity of $285.000 An appraceastased the far market value of the tangible assets at $290,000 and is a $15,000 at the date of acquisition Antzona Corporation's financi condition just prior to the acquision is shown in the following statements model Icon Set TA Staf Cash GO Stockholders Edity 500,00 RE- NA Do, Required a Compute the amount of goodwill acquired B. Record ma acquiston in financial statements model. Antzona Corporation's financial condition just prior to the acouston ta shown in the financial statements model d. Record the acquisition in general Journal format Carlete this question by entering your answers in the tabs below. Record the quisition in a financements del Ar Corporations fancial condition just prior to the shown in a hontal tatements model in the Stament Cal Flowed the greatly 4 forint divity and fortrandgat. Lene Blanco Indiretament amb Er decreto counted chilikasi he ARIZONA DORATON problemstede Income Stora Flot Soch Net Spis EN Listes Equity Tangi Assets Good 500.000 390000- con Ed Complete this question by entering your answers in the tabs below. Required A Required B Required D Record the acquisition in general journal format. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet I Record cash paid for acquisition of assets ansliabilities. Note: Enter det beror credits Event General Journal Debit Credit Acquisition Record entry Clear entry View general Journa Press

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