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Explain the concept of the business combination, the concept of group reporting, and insolvency. On 1 January 2016, PT ABC paid Rp 2 million for

Explain the concept of the business combination, the concept of group reporting, and insolvency. On 1 January 2016, PT ABC paid Rp 2 million for 30% shares of PT Willow. Accumulated loss of PT Willow for 3 years ended 31 Dec 2018 is Rp 10 million. Based on PSAK 15, Explain how these transactions will be recorded in the book of PT ABC.

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