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E3-17 Subsidiary Acquired at Net Book Value LO 3-4, 3-5 On December 31, 20X8, Paragraph Corporation acquired 80 percent of Se

Notes Payable 350,000 220,000 Common Stock 150,000 90,000 Retained Earnings 295,000 80,000 Total Credits $860,000 $420,000

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Book Value Calculations: + + Banner Corp. - = 80% Common Stock Retained Earnings NCI - 20% Book value at acquisition Investme

Paragraph Corporation and Subsidiary Consolidated Balance Sheet December 31, 20x8 Cash Accounts Receivable Inventory Fixed As

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Page Paragraph Corporation and subsidiary Consolidate Balance Sheat December 31, 2018 Assets $ 10cess (74000790000) Accounts

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