FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
6th Edition
ISBN: 9781618533111
Author: DYCKMAN
Publisher: Cambridge Business Publishers
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Chapter 3, Problem 4Q
To determine

Explain the nature and purpose of general journal.

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Give me true answer this financial accounting question
I cannot figure out the account of "Goodwill" or "APIC from Pushdown Accounting." I thought APIC should be $285,000, but it didn't work for some reason. And I didn't know we had goodwill, but we do, and I can't figure out how to get the correct answer. I tried $350,000 for APIC, but that also doesn't work, and I am at a loss of what to do next. Please explain as clearly as possible how to do Goodwill and the APIC from Pushdown Accounting. Thanks so much! :)
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