11..On 1 January 20X7 Parent Ltd acquired 75% of the ordinar y shares in Daughter Ltd for...

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11..On 1 January 20X7 Parent Ltd acquired 75% of the ordinar y shares in Daughter Ltd for £9,000 cash.

The fair value of the net assets in Daughter Ltd was their book value.

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Financial Accounting And Reporting

ISBN: 9780273712312

12th Edition

Authors: Barry Elliott, Jamie Elliott

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