el Restaurants acquired Best Chy Diner. The financial records of Best Chy Diner included: Click the icon to view the data) Requirements 1. Make the journal entry to record Mets Restaurants purchase of Best City Diner for $450.000 cash, including any goodwill 2. How should Mels Restaurants account for this goodwill acquiring Best Cky Diner? Explain in detall Requirement 1. Make the journal entry to recorders Restaurants purchase of Best City Dino 5450.000 cash including any goodwill Record debts in the credit Exclude on hom the journey Journal Entry Datu Accounts Debit Credit Requirement 2. How should Mols Restaurants account for this goodwill acting Best Cher? Explainat Mors should measure the forvol of goodwill each year the gods we should the value of new de Mehed for $450,000 cash, including any goodwill. Diner? Explain in detail Data Table - deb $ 480,000 Book Value of Assets Market Value of Assets 550.000 Market Value of Liabilities 200.000 Print Done uit reased in value Mel's should weto Eextos