Assuming the Entity Theory was applied, what would be the amount of Goodwill appearing on the Consolidated Balance Sheet on the Date of acquisition, assuming that Parent purchased 80% of Sub Inc. for $180,000?
A) $88,000
B) $130,000
C) $137,000
D)$138,000

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The Answer of Assuming the Entity Theory was applied, what would be the amount of Goodwill appearing on the Consolidated Balance Sheet on the Date of acquisition, assuming that Parent purchased 80% of Sub Inc. for $180,000?
A) $88,000
B) $130,000
C) $137,000
D)$138,000

Assuming the Entity Theory Was Applied, What Would Be the Amount