a. b. Citrus Bhd acquired 55% of 10 million ordinary shares of Lime Bhd on 1 January 2020. On 1 October 2020, Citrus Bhd sold 5 million of the shares. Discuss the accounting treatment for investment in Lime Bhd for the financial year 2020, assuming the financial year of Citrus Bhd ends every 31 December. (3 marks) Blade Bhd acquired 75 percent of the ordinary issued share capital of Damia Bhd on 1 January 2018. Subsequently on 1 July 2019, Blade Bhd acquired a further 10 percent of the issued shares of Damia Bhd. Required: i) ii) Discuss the impact of the increase in the controlling interest on the relationship between Blade Bhd and Damia Bhd. (2 marks) Based on the above scenario, explain the accounting treatment for the investment in Damia Bhd when Blade Bhd prepares its consolidated financial statements for the year ended 31 December 2019. c. Radiant Bhd acquired 60% ordinary shares of Glitter Bhd on 1 January 2019. Kangaro Bhd owned 40% of the ordinary shares of Glitter Bhd as well as an option to acquire half of Radiant Bhd's shares in Glitter Bhd. The option is currently exercisable at any time and if exercised, would increase Kangaro Bhd's votes in Glitter Bhd to 70% and would dilute Radiant Bhd's holding to 30% of Glitter Bhd.