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PLEASE HELP WITH FINDING THE AMORTIZATION DIFFERECE FOR 2 0 X 2 Please do all journal entries thx Pizza Corporation purchased 1 0 0 percent
PLEASE HELP WITH FINDING THE AMORTIZATION DIFFERECE FOR X
Please do all journal entries thx Pizza Corporation purchased percent of the common stock of Slice Corporation on January X by issuing shares of its $ par value common stock. The market price of Pizza's shares at the date of issue was $ Slice reported net assets with a book value of $ on that date. The amount paid in excess of the book value of Slice's net assets was attributed to the increased value of patents held by Slice with a remaining useful life of years. Slice reported net income of $ paid dividends of $ in times reported a net loss of $ and paid dividends of $ in times Required: Assuming that Pizza Corporation uses the equity method in accounting for its investment in Slice Corporation, prepare all journal entries for Pizza for times and times Note: If no entry is required for a transactionevent select No journal entry required" in the first account field.uming that Pizza Corporation uses the equity method in accounting for its investment in Slic ies for Pizza for times and times e: If no entry is required for a transactionevent select No journal entry required" in the Journal entry worksheet Record the dividend from Slice Corporation for times Note: Enter debits before credits.Journal entry worksheet Record the equitymethod income or loss for times Note: Enter debits before credits.tries for Pizza for times and times ote: If no entry is required for a transactionevent select No journai entry required" Journal entry worksheet Record the amortization of the differential value for times Note: Enter debits before credits.Journal entry worksheet Record the dividend from Slice Corporation for times Note: Enter debits before credits.Journal entry worksheet Record the equitymethod income or loss for times Note: Enter debits before credits.Journal entry worksheet Record the amortization of the differential value for times N
Journal entry worksheet
Record the amortization of the differential value for
Note: Enter debits before credits.
tableEventGeneral Journal,Debit,CreditdIncome from Slice Corporation,,Investment in Slice Corporation,,ote: Enter debits before credits.
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