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Herbert, Inc. acquired all of Rambis Companys outstanding stock on January 1, 2020 for $574,000 in cash. Annual excess amort
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M N 15 1/1/20 2020 journal entries for Herbert Inc. To record the acquistion transaction Investment in Rambis Company Cash To
Herberts Internal Income Add: Equity in Investee Income Net Income Retained Earnings 1/1/20 Add: Net Income Less: Dividends
Investment in Rambis Company Investment in Rambis 0 Equity in Subsidiary Earnings 0 0 Herberts Internal Income Add: Equity i
0 0
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Consolation Herbert & Rambis - Microsoft Excel X 兄弟 Home Insert Page Layout Formas Data Renew View y cut Palatino Linoty 16 AAr HO Consoladtion Herbert & Rambis - Microsoft Excel Home Insent Page Layout Formulas Data Review View XC AutoSum - Palatino

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