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Exercise 2-11 Relation between Purchase Price, Goodwill, and Negative Goodwill LO 6 ...

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Accounting

Exercise 2-11
Relation between Purchase Price, Goodwill, and Negative Goodwill LO 6
The following balance sheets were reported on January 1,2019, for Peach Company and Stream Company:
\table[[,Peach,Stream],[Cash,$ 100,000,$20,000
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