Question: E4.9 (O) Projecting Consolidation Eliminating Entries An acquisition takes place on January 1,2018. At Dcccmba L, 20 L 8 you Observe thc following consolidation

E4.9 (O) Projecting Consolidation Eliminating Entries An acquisition takes place on January

E4.9 (O) Projecting Consolidation Eliminating Entries An acquisition takes place on January 1,2018. At Dcccmba L, 20 L 8 you Observe thc following consolidation eliminating entries: (R) Identifiable intangibles . Inv entories ard equipment, net.. Investnznt in Samscn Company _ 3.000100 2.coo,ooo 10,coo.ooo Ct-.ter 4 Amortization expense. Impairment loss Inventories Property and equipment, rust _ _ _ Cost of gcn:ds sold Depreciation expense Identifiable intangibles. _ Consolidat Financial Statmelts Subsequent to Acquisition 200.000 soo,oco 8D0,coo Propeny and tql_llpmcnt and intangibl& r:valuations Off On a srai$lt-lint basis, no residual value Additional goodwill impairment losses of S400.OOO are reported in 2021 _ Except for the inventories, none of the revalued assets are sold in future years. Required Prepare consolidation eliminating entries (R) and (O) on b. December 31 , 2020. December 31 , 2023. 31 2028.

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