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Business, 12.09.2019 23:30 engbarthcobie

On january 1, 2018, bangle company purchased 30% of the voting common stock of sleat corp. for $1,000,000. any excess of cost over book value was assigned to goodwill. during 2018, sleat paid dividends of $24,000 and reported a net loss of $140,000. what is the balance in the investment account on december 31, 2018?

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On january 1, 2018, bangle company purchased 30% of the voting common stock of sleat corp. for $1,00...
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