question archive On January 1, 2014, Malbo Corporation paid $700,000 to purchase 90% of outstanding stock of Balam Corporation
Subject:AccountingPrice: Bought3
On January 1, 2014, Malbo Corporation paid $700,000 to purchase 90% of outstanding stock of Balam Corporation. Any excess tarvatus over the titedes and liabilitetit attributed to goodwil. Just before the business combination, Balan's Capital sock and retaining earnings were 140,000 and 224.000 respectively wache the one tw value over book an acare? 413,778 500,000 550.000 771.778.