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Jahra Company, based in Kuwait, acquired all shares of common stock of a Lion Company in France in the beginning of 2021. Assume that, Jahra
Jahra Company, based in Kuwait, acquired all shares of common stock of a Lion Company in France in the beginning of 2021. Assume that, Jahra Company paid more than the book value of the net assets of Lion company.
Please define the terms of differential, excess value and goodwill which occur in an acquisition process?
In which financial statement should the goodwill be shown?
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