Please answer as per the standards of IFRS

QUESTION: Element ALEX and element BRAIN give development administrations in USA. Substance ALEX is possessed by a gathering of people, none of whom has control and doesn't have an aggregate control arrangement. Element BRAIN is possessed by a solitary individual,

1. Mr. ROLEN. The proprietors of elements ALEX and BRAIN have chosen to join their organizations. The thought will be gotten comfortable portions of substance BRAIN.

2. Substance BRAIN gives new offers, adding up to 40% of its gave share capital, to its controlling investor,

3. Mr. ROLEN. Mr. ROLEN at that point moves the offers to the proprietors of substance ALEX in return for their advantage in element ALEX.

4. Now Mr. ROLEN controls the two substances ALEX and BRAIN, possessing 100% of element ALEX and 71.42% of element BRAIN.

5. Mr. ROLEN had a controlling interest in both element ALEX and substance BRAIN when the commitment.

6. Is the blend of elements ALEX and BRAIN a mix of substances under regular control?

QUESTION : On 1 April 20X1, Alpha Ltd. secures 80% of the value revenue of Beta Pvt. Ltd. in return for money of $300. Because of legitimate impulse, Beta Pvt. Ltd. needed to discard their speculations by a predefined date.

1. Along these lines, they didn't have adequate chance to advertise Beta Pvt. Ltd. to different expected purchasers. The administration of Alpha Ltd. at first estimates the independently conspicuous recognizable resources obtained and the liabilities expected as of the securing date as per the prerequisite of IFRS.

2. The recognizable resources are estimated at $ 500 and the liabilities accepted that are estimated at $ 100. Alpha Ltd. connects with on autonomous expert, who confirmed that the reasonable estimation of 20% non-controlling revenue in Beta Pvt. Ltd. is $ 84.

3. Alpha Ltd. evaluated the methods it used to recognize and quantify the resources gained and liabilities expected and to gauge the reasonable estimation of both the non controlling interest in Beta Pvt. Ltd. what's more, the thought moved. After the audit, it concluded that the systems and coming about measures were suitable.

4. Compute the increase or misfortune on securing of Beta Pvt. Ltd. and furthermore show the diary sections for bookkeeping of its obtaining. Likewise ascertain the estimation of the non-controlling interest in Beta Pvt. Ltd. based on proportionate interest strategy, if then again applied?