Sale Should include a debit to Accumulated Depreciation - Plant Assets for 84.000 QUESTION 2 The Bluth Company purchased Sudden Valley Developments Co in 2015. The Bluth Company was able to acquire Sudden Valley Developments at a bargain price. The sum of the market or appraised value of identifiable assets acquired less the fair value of liabilities assumed exceeded the cost to the Bluth Company, Proper accounting treatment by the Bluth Company is to report the amount as: A. Part of operating income B. Goodwill C. Pald-in capital D.A gain QUESTION 3 The capitalization of interest costs is justified as being necessary in order to fulfill the A. Economic entity assumption B. Revenue recognition principle. C. Conservatism concept. D. Historical cost principle