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Consolidation worksheet Consolidation differences On 1 January 2 0 X 3 , Manet L . td acquired all the shares of Renoir Ltd and Seurat

Consolidation worksheet

Consolidation differences

1

January

20

3,

Manet

.

td acquired all the shares of Renoir Ltd and Seurat Ltd

,

paying respectively $

8000

and $

5000 .

All assets are recorded at fair value.

Required:

Complete the consolidation worksheet for

1

January

20 3 .

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