Data for the Provo and Stanton companies are given in BE13-9. Instead of paying ($ 180,000), assume

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Data for the Provo and Stanton companies are given in BE13-9. Instead of paying \(\$ 180,000\), assume that Provo pays \(\$ 200,000\) to acquire the \(100 \%\) interest in Stanton Company. Complete the work sheet for the accounts identified in BE13-9 and for the excess of cost over book value.

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Financial Accounting

ISBN: 9780471169208

2nd Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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