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Biggin Ltd acquires 100 per cent of the shares of Smallin Ltd on 1 July 2014 for a consideration of $730 000. The share capital

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Biggin Ltd acquires 100 per cent of the shares of Smallin Ltd on 1 July 2014 for a consideration of $730 000. The share capital and reserves of Smallin Ltd at the date of acquisition are:

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