[gcaulfie]

I’m sort of confused with Becker’s consolidation chapter F3. From my advanced accounting class I remember doing problems concerning purchases of net assets. The journal entries were pretty simple in just debiting each and every asset and crediting each liability at fair value. Then any difference would be goodwill. I can’t find any explanation of this method in the Becker book. All I see is the entries concerning the “Investment in Sub” and a credit the eliminating entries C/S, APIC, RE, etc.

Not sure if this question makes sense but I’d appreciate any help. Thanks.