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- Tanner Company, a subsidiary acquired for cash, owned equipment with a fair value higher than the book value as of the date of combination.

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- Tanner Company, a subsidiary acquired for cash, owned equipment with a fair value higher than the book value as of the date of combination. A consolidated balance sheet prepared immediately after the acquisition would include this difference in Question 1 Not yet answered Marked out of 1.50 P Flag question Select one: a. bargain b. goodwill. C. Equipment O d. retained earnings

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