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i need the anser quickly 80000 Third Question: (A) owns 80% of the net assets of (B). You have given the following data after the
i need the anser quickly
80000 Third Question: (A) owns 80% of the net assets of (B). You have given the following data after the date of acquisition : Explanation (A) (B) Carrying value Fair value Investment in 85000 0 0 (B) Other assets 150000 90000 Total assets 235000 90000 80000 Liabilities 70000 20000 20000 1. The total assets in the consolidated financial statement ( economic concept) will be : 2. Non-controllable interest in the consolidated financial statement will bel economic concept): 3. Non-controllable interest in the consolidated financial statement will be( parent concept)Step by Step Solution
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