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Question 4 On 1 July 2022, YING Ltd acquires the business of YANG Ltd. The agreed cash consideration for the transaction is as follows:

Question 4 On 1 July 2022, YING Ltd acquires the business of YANG Ltd. The agreed cash consideration for the transaction is as follows: $250 000 due immediately and $250 000 due on 30 June 2023. The appropriate discount rate is 5% p.a. What will YING Ltd record for the consideration transferred on 1 July 2022?

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