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Entity A acquires all of the voting shares of Entity B for $1,000,000. At the time of the acquisition,

the net fair value of the identifiable assets acquired and liabilities assumed had a carrying amount of $900,000 and a fair value of $800,000. The amount of goodwill Entity A will record on the acquisition date is ؟

A. $0

B. $100,000

C. $200,000

D. $300,000

Accounting Auditing CMA Economics Banking
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Date Posted: 2015/03/07
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VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Option C.  >>>>>>>>>>>>>>>>>>>>>>>>>>>     $200,000-

Difference of Acquisition value and Fair value

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