Fundamental Acquisition Concepts

Choose one of the following two assignments to complete this week. Do not do both assignments. Identify your assignment choice in the title of your submission.
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Assignment Option #1: Fundamental Acquisition Concepts Each question is presented on a separate worksheet within the workbook. To receive credit for each answer, you must show how you arrived at your answer.
Requirements:
Complete all work on the spreadsheet attached to this assignment. It will be your only deliverable.
Clearly identify the requirements being addressed. Show all calculations within the cells of an Excel spreadsheet. This means that you must use formulas and links so that the thought process can be examined. Make good use of comments to convey your thought process as well. No hard coding of solutions. Submit a single MS Excel file for grading.
Review the grading rubric, which can be accessed from the Course Information page, to understand how you will be graded on this assignment. Reach out to your instructor if you have questions about the assignment.

1.For Worksheets 1-4, give the journal entry to record the asset transfer.
2.For worksheets 5-8, calculate the amount of goodwill or bargain purchase.
Requirements:
Complete all work on the spreadsheet attached to this assignment. It will be your only deliverable.
Clearly identify the requirements being addressed. Show all calculations within the cells of an Excel spreadsheet. This means that you must use formulas and links so that the thought process can be examined. Make good use of comments to convey your thought process as well. No hard coding of solutions. Submit a single MS Excel file for grading.

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