Alice plc owns 75 per cent of the ordinary shares of Baker plc. The outline income statements

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Alice plc owns 75 per cent of the ordinary shares of Baker plc. The outline income statements of the two companies for the year ended on 31 December are as follows

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Prepare the consolidated (group) income statement for Alice plc and its subsidiary for the year ended 31 December.

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Financial Accounting For Decision Makers

ISBN: 9781292409184

10th Edition

Authors: Peter Atrill, Eddie McLaney

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