Company A acquires subsidiary Company Z for $200,000. At the time of acquisition, Company Z had net assets with a carrying value of $150,000, which was also the same amount as the net assets fair value. How would the $50,000 excess be recorded on the consolidated balance sheet?
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Home » Business » Company A acquires subsidiary Company Z for $200,000. At the time of acquisition, Company Z had net assets with a carrying value of $150,000, which was also the same amount as the net assets fair value.