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How Is Negative Goodwill Treated in Accounting for a Joint

Question 29

Multiple Choice

How is negative goodwill treated in accounting for a joint venture in the year of acquisition?


A) Included in the investor's equity in the earnings of the investee
B) Included in the carrying value of the investment
C) Allocated among the assets and liabilities
D) Shown as a line item on the SFP

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