On June 10, 20X8, Game Corporation acquired 60 percent of Amber Company’s common stock.

On June 10, 20X8, Game Corporation acquired 60 percent of Amber Company’s common stock. The fair value of the noncontrolling interest was $25,600 on that date. Summarized balance sheet data for the two companies immediately after the stock purchase are as follows:Game Corp.Amber Company ItemBook ValueBook ValueFair Value Cash$35,800 $6,000 $6,000 Accounts Receivable47,000 11,000 11,000 Inventory 92,000 21,000 26,000 Buildings & Equipment (net)135,000 57,000 77,000 Investment in Amber Stock 38,400 Total$348,200 $95,000 $120,000 Accounts Payable$24,000 $3,000 3,000 Bonds Payable228,200 53,000 53,000 Common Stock38,000 11,000 Retained Earnings58,000 28,000 Total$348,200 $95,000 $56,000 Required:a.Record the consolidation entries required to prepare a consolidated balance sheet immediately after the purchase of Amber Company shares. (If no entry is required for a transaction/event, select “No journal entry required” in the first account field.)

Calculate the price
Make an order in advance and get the best price
Pages (550 words)
$0.00
*Price with a welcome 15% discount applied.
Pro tip: If you want to save more money and pay the lowest price, you need to set a more extended deadline.
We know how difficult it is to be a student these days. That's why our prices are one of the most affordable on the market, and there are no hidden fees.

Instead, we offer bonuses, discounts, and free services to make your experience outstanding.
How it works
Receive a 100% original paper that will pass Turnitin from a top essay writing service
step 1
Upload your instructions
Fill out the order form and provide paper details. You can even attach screenshots or add additional instructions later. If something is not clear or missing, the writer will contact you for clarification.
Pro service tips
How to get the most out of your experience with Essay Fountain
One writer throughout the entire course
If you like the writer, you can hire them again. Just copy & paste their ID on the order form ("Preferred Writer's ID" field). This way, your vocabulary will be uniform, and the writer will be aware of your needs.
The same paper from different writers
You can order essay or any other work from two different writers to choose the best one or give another version to a friend. This can be done through the add-on "Same paper from another writer."
Copy of sources used by the writer
Our college essay writers work with ScienceDirect and other databases. They can send you articles or materials used in PDF or through screenshots. Just tick the "Copy of sources" field on the order form.
Testimonials
See why 20k+ students have chosen us as their sole writing assistance provider
Check out the latest reviews and opinions submitted by real customers worldwide and make an informed decision.
Management
Excellent work done. Thank you
Customer 452829, August 1st, 2021
Nutrition, Hospitality & Human Services
Thank you for your assistance.
Customer 452919, April 13th, 2024
Nutrition, Hospitality & Human Services
Thank you for your assistance.
Customer 452919, April 9th, 2024
Education
I love you guys, yal are the best. Thank you so much !!!
Customer 453117, September 10th, 2022
Nutrition, Hospitality & Human Services
Thank you for the revision.
Customer 452919, April 16th, 2024
Sociology
Thanks to the Team
Customer 452919, March 22nd, 2022
Business Studies
Thank you sincerely great paper and content
Customer 452793, June 22nd, 2021
Sociology
The writer covered all points as expected by the professor. Thank you for your commitment to serve students.
Customer 452919, February 21st, 2024
Nursing
n/a
Customer 452725, April 23rd, 2021
Nursing
Very good service
Customer 453075, April 27th, 2022
Tourism
thank you
Customer 452933, November 20th, 2021
Education
Very well written thank you
Customer 452667, April 8th, 2021
11,595
Customer reviews in total
96%
Current satisfaction rate
3 pages
Average paper length
37%
Customers referred by a friend
OUR GIFT TO YOU
15% OFF your first order
Use a coupon FIRST15 and enjoy expert help with any task at the most affordable price.
Claim my 15% OFF Order in Chat