ACC 407-W3 - Assignment - Consolidation Problems
Theresa M. Odom
Instructor Bruce Geddes
December 18, 2014
P5-38) Comprehensive Problem: Differential Apportionment
Mortar Corporation acquired 80 percent ownership of Granite Company on January 1, 20X7, for $173,000. At that date, the fair value of the non-controlling interest was $43,250. The trial balances for the two companies on December 31, 20X7, included the following amounts:
Buildings & Equipment
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