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Comprehensive exercise 15.26 On 1 July 20X1, Dominator Ltd acquired 1005 of the issued shares of Atlas Ltd for $320 000, At the acquisition, the

Comprehensive exercise 15.26 On 1 July 20X1, Dominator Ltd acquired 1005 of the issued shares of Atlas Ltd for $320 000, At the acquisition, the shareholders' equity of Atlas Ltd consisted of: Share capital $$ General reserve 500000 Retained earningss 5000 30000 280000 At 30 June 20 xx5, four years after acquisition, the accounts of the two companies appear as follows

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