Question
BB Limited is a subsidiary of GG Limited. When GG acquired its 95% interest in BB Ltd, the retained earnings of BB Limited were $20000.
BB Limited is a subsidiary of GG Limited. When GG acquired its 95% interest in BB Ltd, the retained earnings of BB Limited were $20000. At the beginning of the current period, BB Limited's retained earnings increased to $70000. BB also earned profit of $30000 during the current period. The NCI's share of the equity of BB Limited at reporting date is?
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
