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QUESTION 2 2 0 MARKS On 1 January 2 0 2 0 , Sethu Limited acquired 2 5 % of the issued ordinary shares of
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On January Sethu Limited acquired of the issued ordinary shares of Bish Limited for R The acquisition of the shares enabled Sethu Limited to exercise significant influence over the policymaking decisions of Bish Limited. At the date of acquisition, the extracts from the statement of financial position of Bish Limited were as follows:
tableBISH LIMITEDSTATEMENT OF FINANCIAL POSITION AS AT JANUARY ASSETSRandCurrent assets,Total assets,
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