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Question 1 Parent Ltd acquired 80% of the equity in Sub Lid on 1 April 2014 for $13 600 000. At that date the equity

Question 1 Parent Ltd acquired 80% of the equity in Sub Lid on 1 April 2014 for $13 600 000. At that date the equity of Sub Ltd comprised share capital of $8 000 000 and retained earnings of $520 000....

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