Fasb asc 805, business combinations, provides principles for allocating the fair value of an acquired business. when the collective fair values of the separately identified assets acquired and liabilities assumed exceed the fair value of the consideration transferred, the difference should be:

Recognized as an ordinary gain from a bargain purchase.

Explanation:

FASB ASC 806, Business Combinations, gives a description of the right accounting treatment an acquirer has to use in business combinations.

ASC 805:

the first one is d and the second a

1. artillery

2. jose san martin

3.their economies remained dependent on outside powers.

4. drafted new economies

5. democracies have replaced dictatorships