ACC/497 Week 1

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Week1_YvetteGarcia.xlsx

Required 1

Use the following template to complete your week 1 calculation assignment. DO NOT MODIFY THE FORMAT OF THIS SPREADSHEET. Required 1
(I.e. do not add or delete lines.) Use Word document to complete required 2.
You name here below: Save your file as Week 1 Your first name, your last name
Arizona Corp. Fill in the amount below.
(Replace the ? Below with your answer)
Inglewood Fair Value Allocation Schedule
December 1, 2019
Payment by Inglewood ($66 fair value x 20,000 sh) ?
Book value of Arizona Corp. (assets - liabilities) ?
Excess of fair value over book value ?
Allocation to specific accounts between fair value and book value:
Inventory (undervalued) ?
Land (overvalued) ?
Building (undervalued) ?
Liabilities ?
Goodwill ?