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answer it ly 20x4, chief Lid acquired 100% of the issued capital of S Lid for $60 000, At the date of acquisition, the shareholders'

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ly 20x4, chief Lid acquired 100% of the issued capital of S Lid for $60 000, At the date of acquisition, the shareholders' of $ Led consisted of: capital $:32 000 $12 000 so earnings $8 000 1:52 000 ending 30 June 20x5. a non-current as dared deprecation $500) For $ 1 0OD. Chief Led depredate figinal cost $ Lid applied a site of 80% straight line. The tax rate is for depreciation in consolidation

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