What Is a Gain on Bargain Purchase,how Does It Arise,and

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The Answer is A gain on bargain purchase is a gain made as a result of the parent paying less than the fair value of the identifiable assets and liabilities and contingent liabilities of the subsidiary.The non-controlling interest receives a share of the fair value of the subsidiary and has no involvement with the gain on bargain purchase.

What Is a Gain on Bargain Purchase,how Does It Arise,and

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