Problem

Sunshine NFP, a not-for-profit organization, gains control over Dancing Bears NFP, another...

Sunshine NFP, a not-for-profit organization, gains control over Dancing Bears NFP, another not-for-profit. The acquisition value of Dancing Bears is $2.3 million, but all of its identifiable assets and liabilities have a total value of only $2.1 million. What recording is made of the $200,000 difference?

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