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Arzona Corporation acquined the business Data Systems for $335,000 cash and assumed all labilities at the date of purchase. Data's booler thowed tanghie ascets of

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Arzona Corporation acquined the business Data Systems for $335,000 cash and assumed all labilities at the date of purchase. Data's booler thowed tanghie ascets of $370000 liabilities of $22.000. and stockholders' equity of $348,000. An appraiser assessed the fair market value of the tangible assets at $325,000 and liabilities at $22,000 at the dote of acquisition. Arizona Corporation's financiat candition just peior to the acquisition is shown in the following statements model Required a. Compute tre amiount of goodwill asquired b. Hecord the acquistion in a financial statements model. Anzona Corporation's financlal condition just prior to the acquistion is shown. in the financialstatements mode: d. Record the acquisition in general journal format. Record the acquisition in general journal format. (If no entry is required for a transaction/event, select "No journ first account ficld.) Journal entry worksheet Record cash paid for acquisition of assets and liabilities. Notei Enter debits before credits

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