Aqua corp purchased 30 of the common stock of marcus co by
Question - Aqua Corp. purchased 30% of the common stock of Marcus Co. by paying $500,000. Of this amount, $50,000 is associated with goodwill.
Required: Prepare the journal entry to record Aqua's investment.
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question - aqua corp purchased 30 of the common stock of marcus co by paying 500000 of this amount 50000 is associated
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