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 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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