Statutory Accounting Principles Working Group

Dec 31, 2003 · Cost of 80% interest in Specht $ 260,000 Book value acquired ($260,000 80%) (208,000) Excess cost over book value acquired $ 52,000 Excess allocated to: Interest Fair Value - Book Value Acquired Plant assets — net ($210,000 - $200,000) 80% $ 8,000 Goodwill 44,000 Excess cost over book value acquired $ 52,000 ................
................

In order to avoid copyright disputes, this page is only a partial summary.