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Normal Co. paid $45,000 cash to acquire a group of assets. Required: Calculate the value in the following table: Assets Market Percent Apportioned Value
Normal Co. paid $45,000 cash to acquire a group of assets. Required: Calculate the value in the following table: Assets Market Percent Apportioned Value of Total cost$ Buildings 22,800 (A)? (C)? Machines 24,700 (B)? (D)? Total 47,500 100% 45,000 Answer: A= 8=> C = D= Calculation: Calculation:. Calculation: Calculation:
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Principles of Accounting
Authors: Belverd Needles, Marian Powers, Susan Crosson
10th edition
618736611, 978-1111809508, 111180950X, 978-0618736614
