Question: Part A: Part B: You have the use the first pictures (Part A) information to fill out the answer for Part B) a. Prepare a

Part A: Part A: Part B: You have the use the first pictures

Part B:

(Part A) information to fill out the answer for Part B) a.

You have the use the first pictures (Part A) information to fill out the answer for Part B)

a. Prepare a schedule of Excess of Cost over Book Value on the date of purchase. Determine the annual amortization expense in this schedule. Explanation: b. For 203, prepare on the books of Washington the full equity method journal entries. 1 Jefferson Account Using the information from Problem 2 and assuming the beginning of year 3 Investment in J account has a balance of $1,152,000, complete the consolidation worksheet below. To aid in this, the information for Problem 2 is repeated below. Washington Combanv purchased 100% of Jefferson Combanv on Januarv 1. 201 for $1.000.000 when the book value of Jefferson

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