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Dublin Inc. buys 70% of Ireland Corporation. Assuning that goodwill would be created, what would be the correct generic consolidation/elimination entry at the date of

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Dublin Inc. buys 70% of Ireland Corporation. Assuning that goodwill would be created, what would be the correct generic consolidation/elimination entry at the date of acquisition? Debit Investment in Ireland and NonControlling Interest in Net Assets of Ireland, and Credit Goodwill Debit Goodwill, and Credit Investment in Ireland and NonControlling Interest in Net Assets of Ireland Debit Investment in Ireland and NonControlling Interest in Net Income of Ireland, and Credit Goodwill Debit Goodwill, and Credit Investment in Ireland and NonControlling Interest in Net Income of Ireland ho

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