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Question 10 c During 2025 , the likelihood of meeting the post combination earnings goal significantly decreased and the contingent consideration target was not met.
Question 10 c
During 2025 , the likelihood of meeting the post combination earnings goal significantly decreased and the contingent consideration target was not met. Prepare any journal entry needed to account for the change in the fair value of contingent consideration. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. List debit entry before credit entry.)Step by Step Solution
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