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Saturn Inc. acquired Perrito Co . in January 2 0 X 2 . The company paid $ 5 0 , 0 0 0 in excess
Saturn Inc. acquired Perrito Co in January X The company paid $ in excess of the fair value of the net identifiable assets and liabilities. Saturn recorded $ as goodwill. At the end of the year, the fair value of goodwill was $ To record this, Saturn will debit:
Group of answer choices
aloss on acquisition for $
bloss on impaired value of goodwill for $
cgoodwill for $
d amortization of goodwill for $
e loss on sale for $
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