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CH 9 8 t 1 of 2 5 nts eBook eferences C Print aw II I CUI ual y L FUI Lilaste CE Spcancis an
CH 9 8 t 1 of 2 5 nts eBook eferences C Print aw II I CUI ual y L FUI Lilaste CE Spcancis an ampIIIU CP9-3 (Algo) Part 1-a Date January 02 January 02 January 08 January 30 February 01 February 01 February 08 March 01 March 01 March 01 March 31 March 31 March 31 Saved allu WI ULC a CHICLA IUI Required information March 31 Paid $95,000 cash to acquire the goodwill and certain tangible assets of Kris' Myth, Incorporated. The fair values of the tangible assets acquired were $25,000 for band equipment and $65,000 for recording equipment. Assets Required: 1-a. Complete the following accounting equation table for the above transactions. TIP: Goodwill is recorded as the excess of the purchase price over the fair value of individual assets. (Enter any decreases to Assets, Liabilities, or Stockholders' Equity with a minus sign.) < Prev 8 9 TULL of 9 JU, 55U LUBLI Liabilities Next > + + +++++ + + + + + + + Help Save Stockholde
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