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ed Seed Help Save & Ext Submit This question will be sent to your instructor for grading. Show an analysis of the differential in the
ed Seed Help Save & Ext Submit This question will be sent to your instructor for grading. Show an analysis of the differential in the three-pronged format that we have used using the following data. Label all numbers, show computations and round to even dollars. P purchased 85% of 5 for $19.000 P Book value/Fair value of assets: $200,000/ $330,000 P Book value Fair value of liabilities: $75,000/$98,000 S Book value/Fair value of assets $12,000/ $27000 S Book value/Fair value of liabilities: $4,000 $10,000 a) What is a bargain purchase in the context of business combinations? (6) Prepare P's journal entry, for a bargain puchase of S. Create logical numbers for your entry
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