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Midand Telecom provides communication services in town, Nebraska. The Dakotas und Montana Micland Telecom purchased goodwill as part of Se acquisition of Surety Wieless Enterprises,

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Midand Telecom provides communication services in town, Nebraska. The Dakotas und Montana Micland Telecom purchased goodwill as part of Se acquisition of Surety Wieless Enterprises, which had the following figurer Click the icon to view the data Read the resultamente Requirement 1. Journalie the entry to record Midand Telecom's purchase of Surety Wireless for $320.000 cash plus a 5480.000 nato payable. Rected debits first, then credits Select the explanation on the last line of the journal entry table Date Accounts and Explanation Detail Credit Requirement 2. What special asset does Midland Telecom's acquisition of Surety Wireless identty? How should Midland Telecom account for this asset after acquiring Surety Wireless? Explain in detal Midland Telecom provides communication Services in lowa Nebrasiath Dakota and Montana Midiand Telecom purchased goodwill as part of the acquisition of Surety Wireless Enterprises which had to following figures Click the icon to view the data) Read the requirement Hequirement 2. What special atuet doet Midland Telecome aequitation et Surey Wirelese ldenttyHow should Mitand Telecom account for this attet ator acquiring Sue Wrobose? Explain in dotal What special amet dous Midland Telecome acqukulion of Surut, Welt identity The acquition identifies the How should Midland Telecom account for this after acquiring Sue Wireless? Explain in detall Midland Telecom should measure the of this asset each you this has incremedle value. Midland should If the value of the asset has decreased. Midland should

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