Question
on 2011 A owns 85% of Bfor 700,000 B has capital of 450,000, reserve of 100,000 and retained earnings 75,000 on 2012 B owns 75%
on 2011 A owns 85% of Bfor 700,000
B has capital of 450,000, reserve of 100,000 and retained earnings 75,000
on 2012 B owns 75% of C for 410,000
C has 200,000 and 180,000 share capital and reserve respectively. additional 5000 goodwill was incurred.
how to present itin consolidation worksheet of 2013?
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
