(A) owns 80% of the net assets of (B). You have given the following data after the date of acquisition :

Fourth Question: (A) owns 80% of the net assets of (B). You have given the following data after the date of acquisition : Explanation (A) (B) Carrying value Fair value Investment 85000 0 0 in (B) Other assets 150000 90000 80000 Total assets 235000 90000 80000 Liabilities 70000 20000 20000 1. The total assets in the consolidated financial statement ( parent concept) will be : 2. Non-controllable interest in the consolidated financial statement will be parent concept)