AA $-$ LO $4\mathrm{.}2$

When $P$ company pays more than the book value of net assets of the acquired company $($S$),$ how does the consolidation process differ? $($Single choice$)$

P hires an outside accountant to do the work.

$P$ tracks the excess value and records it in the consolidation worksheet.

$S$ notifies $P$ of the excess value.

$P$ and $S$ ignore the excess amount paid.

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Adjusting NCI in income and equity.