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Title: What is meant by a bargain purchase and how is it recorded? Post by: kortni916 on Jul 22, 2018 What is meant by a bargain purchase and how is it recorded?
Title: What is meant by a bargain purchase and how is it recorded? Post by: atree1157 on Jul 22, 2018 A company makes a bargain purchase when the fair value of the identifiable net assets in an acquisition exceeds the purchase price. The acquiring firm reports the gain from the bargain purchase as income from continuing operations on the income statement.
Title: What is meant by a bargain purchase and how is it recorded? Post by: kortni916 on Jul 22, 2018 Enough said, this helped my grade so much
Title: What is meant by a bargain purchase and how is it recorded? Post by: atree1157 on Jul 22, 2018 :okay:
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