Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik

تمرين 13

Atwater Company acquires 80 percent of the outstanding voting stock of Belwood Company. On that date, Belwood possesses a building with a $160,000 book value but a $220,000 fair value. Assuming that a bargain purchase has not been made, at what value would this building be consolidated under each of the following
a. Acquisition method
b. Purchase method