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The unamortized excess account is a contra - equity account. used in allocating the amounts paid for recorded balance sheet accounts that are above or
The unamortized excess account is
a contraequity account.
used in allocating the amounts paid for recorded balance sheet accounts that are above or below their fair values.
used in allocating the amounts paid for each asset and liability that are above or below their book values, especially when numerous assets or liabilities are involved.
the excess purchase cost that is attributable to goodwill.
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