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Question: Company A is taking over Company B. Company B net assets were RM520,000.00. Consideration transfer for the business combination were RM250,000.00 cash and issuance

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Question: Company A is taking over Company B. Company B net assets were RM520,000.00. Consideration transfer for the business combination were RM250,000.00 cash and issuance of 20,000 RM1 par value shares with market price of RM14.00. Determine goodwill/bargain purchase

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