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Don owns a restaurant in the downtown for 20 years and wanted to sell and retire. He got an offer from Bycol to buy his

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Don owns a restaurant in the downtown for 20 years and wanted to sell and retire. He got an offer from Bycol to buy his business for $210,000. The balance Sheet supplied to him was as under: The fair value calculation of identifiable assets reveal the following: Please calculate the amount of Goodwill / Bargain Price and record the necessary journal entry on the first day after acquisition by Bycol

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