Explain the difference between the consolidated retained profits figure of 83 and the total of 109 found

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Explain the difference between the consolidated retained profits figure of £83 and the total of £109 found if you add together the retained profits of P2 Ltd and S2 Ltd.

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Frank Woods Business Accounting Volume 2

ISBN: 9780273693109

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Sep 10, 2023 06:05 AM

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Explain the difference between the consolidated retained profits figure of 83 and the total of 109 found

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The difference of 26 comprises 20 preacquisition profits 3 unre...View the full answer

Frank Woods Business Accounting Volume 2

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