Question: I want to solve this question using a table like the table attached to you in the picture. I want the application to be like
I want to solve this question using a table like the table attached to you in the picture. I want the application to be like this, please...


P3-3 Allocating excess of investment On March 31, 2014, Tobias AG purchased 90 percent of interest in Mark AG for $8,100,000 cash. Mark AG had unrecorded patents on this date for $100,000. The balance sheet summary of Mark AG on March 31, 2014, was as follows (in thousands): Book Value Cash Inventories Land Buildings - HCL Equipment-ner Current liabilities Notes payable Bonds payable Common stock. $10 par Rottined earnings $1,000 1.600 3.000 2.800 3.900 900 1,800 2,400 2,000 5.200 Fair Value $1,000 2.000 4,000 2,500 4,000 900 2,000 2,000 REQUIRED: Prepare a schedule to allocate the excess of investment fair value over book value
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