Question
Ben Limited acquired a 15% interest in Sun Pty Ltd on 1 January 2014. On 15 September 2014 it acquired an additional 25% interest, and
Ben Limited acquired a 15% interest in Sun Pty Ltd on 1 January 2014. On 15 September 2014 it acquired an additional 25% interest, and on 15 March 2015 a further 15%. Under AASB 3, a business combination occurs on:
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all of the above.
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15 March 2015.
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1 January 2014.
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15 September 2014.
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Managerial Accounting Tools for business decision making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
5th edition
470506954, 471345881, 978-0470506950, 9780471345886, 978-0470477144
