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On Jan. 1, 2020 Door Company acquired 80% of Floor Company for $400,000, at the date of acquisition fair value of noncontrolling interest was $100,000
On Jan. 1, 2020 Door Company acquired 80% of Floor Company for $400,000, at the date of acquisition fair value of noncontrolling interest was $100,000 while book value of net assets of Floor company was $420,000 (CS: $300,000 and RE: $120,000) the difference is attributed to
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