P Limited purchased 60,000 shares in S Limited for 20,000. The ordinary share capital of S Limited
Question:
P Limited purchased 60,000 shares in S Limited for €20,000. The ordinary share capital of S Limited is 100,000 shares at €1 each.
Requirement How should S Limited be treated by P Limited? [Consider your answer before reading below.]
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Related Book For 
International Financial Accounting And Reporting
ISBN: 9781912350025
6th Edition
Authors: Ciaran Connolly
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