Question
Question 5 MNG Berhad has acquired a subsidiary on 1 January 2016. The fair value of the net assets of the subsidiary acquired were RM2.27
Question 5
MNG Berhad has acquired a subsidiary on 1 January 2016. The fair value of the net assets of the subsidiary acquired were RM2.27 million. MNG acquired 70% of the shares of the subsidiary for RM2.145 million. The non-controlling interest was fair valued at RM683,000. Required:- Calculate the acquisition goodwill under full goodwill method and partial goodwill method.
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Managerial Accounting
Authors: Susan V. Crosson, Belverd E. Needles
10th edition
1133940595, 978-1133940593
