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P Company acquires all of the voting stock of s Company for $800,000 cash. The book values of s Company's assets are $750,000, but the

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P Company acquires all of the voting stock of s Company for $800,000 cash. The book values of s Company's assets are $750,000, but the fair value is $780,000. There should be a: Select one: O Gain 70,000 Goodwill 70,000 O Goodwill 20,000 O Gain 20,000

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