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QUESTIONS 8: ACCOUNTING FOR INVESTMENT IN ASSOCIATE (10 MARKS) SYDNEY Ltd acquired a 40% interest in PERTH Ltd for $ 100,000 on 1 July 2020.

QUESTIONS 8: ACCOUNTING FOR INVESTMENT IN ASSOCIATE (10 MARKS) SYDNEY Ltd acquired a 40% interest in PERTH Ltd for $ 100,000 on 1 July 2020. The equity of PERTH Ltd at the acquisition date was: Sha...

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