On consolidation, how is the goodwill on acquisition or the bargain gain on purchase determined?

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Financial Accounting

ISBN: 9781743767382

9th Edition

Authors: Craig Deegan

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Question Posted: Sep 16, 2023 03:16 PM

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On consolidation, how is the goodwill on acquisition or the bargain gain on purchase determined?

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Goodwill is calculated as the excess of the cost of an acquisition incurred by an entity measured at fair value over the net fair value of the identif...View the full answer

Financial Accounting

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