Question: Please state what is wrong with my question? How is is not legible? I need the consolidation spreadsheet (Excel) completed below. On January 1, 2020,
Please state what is wrong with my question? How is is not legible? I need the consolidation spreadsheet (Excel) completed below.
On January 1, 2020, Innovus, Inc. acquired 100 percent of the common stock of the ChipTech Company for $670,000 in cash and other fair-value consideration. ChipTech's fair value was allocated among its assets as follows:
Need a consolidation worksheet completed for two companies whose statements need to be consolidated. I need the Excel worksheet below completed for this and please show the work. Thank you!




On January 1,2020 , Innovus, Inc., acquired 100 percent of the common stock of ChipTech Company for $670,000 in cash and other fair-value consideratic ChipTech's fair value was allocated among its net assets as follows: The December 31,2021 , trial balances for the parent and subsidiary follow (there were no intra-entity payables on that date)
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