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Q3. Alliance Limited acquired a 70% interest in Union Limited when the refained earnings of Union Limited amounted to Rs. 20 000. At the beginning

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Q3. Alliance Limited acquired a 70% interest in Union Limited when the refained earnings of Union Limited amounted to Rs. 20 000. At the beginning of the current period the Retained earnings balance of Union Limited was Rs 50 000 and current period profits for Union Limited amounted to Rs. 10000 Calculate non-controlling interest in the equity of Union Limited

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