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Posted on Jul 20, 2024

Under IFRS, what amount should Plaza, Inc. recognize as noncontrolling interest when doing the consolidated financial statements as of December 31, 2021? Provide a brief

Under IFRS, what amount should Plaza, Inc. recognize as noncontrolling interest when doing the consolidated financial statements as of December 31, 2021? Provide a brief explanation of the option selected image text in transcribed

Under IFRS, what amount should Plaza, Inc recognize as noncontrolling interest when doing the consolidated financial statements as of December 21 2021? Provide a brief explanation of the option selected Toaletto 00 B I USE 5 ch 2 Problem 4-29 Algo) (LO 4-1, 4-5, 4-6) Pare in percent of the canon.comment Corporate SU55.900 cash Action date Standort von Several del term States and conditioner dete ret fortemon December 2016 Cat . nra Total . co PLAZA CORPORATION AND STANFORD CORPORATION Centation With For Your Dec 31, 201 CE Per Son Du 600 801700 53400 053200 226 100 M 5 100 (516100.00 5 Coral goods and Depreciation Amore Equity income of Stord Notice Comed.com NCISCI Please C Retained sameg, 1121 Nation Odds declared Rutained ange. 123121 Current Inverter Traders Property and met Parade Good Total Accounts payable Common stock Adana Nunca Rutina 1203 Town 5 (1.138.30 5.472.500 516120 393400 267 500 25 000 5(136.500.00 5 757700 5.50 14450 214300 521000 919 800 223300 1200 3370031053200 (1269001 61.000 267 500 06.000 (1 66000 000 5 00 347.00 11.03.2009 Answer 1 of 1 Solution: Fair value of coderatio $1444575 Book value SUSU Pas fair overbook SOS Asmalto Life Amortizati 143000 Indkind Tradentes 1463000-320001 Property and can 1226000255200) Palet 1187800-1450001 2 39200 14 2800 Kill SANS Working : (-393400+2500+2800)-20% 577000 186000-46300+472500)*80% $483840 85000-46300-472500*20% $120960 1142000+20800239200+638075)*80% 5572050 (142000+20500+59200+538075]"20% $158015 483840-310400-672060 51456300 Entry S $483840 186000 46300-472500-80% 1 $310400 A $572050 (142000-2000D+29200-53207530% Plaza Corporation and Standford Corporation Consolidation Worksheet For ending December 31, 2018 Corroded Entries Cosoline Ace Plan Stanford Het Cal NO Ta Rev 1965400 SINGO SE172010 Custol geduld 3334300 33.00 5587500 Depreciation expert 5226400 501900 S2600 5260900 Amortation expense S $2520 52800 S2 quity in income of Stanford CFHOOR S310100 5 Neline S1600393960 Corolidated neincette S49937001 NCI share on CN 5:770001 577600 Plus share of CNI 5161004 Rotana min 1/1 BETERLOO (47250 $472500 1130 Net inte $(5161005393400 S4516100 Dividends declared $267900 506000 S20500 S5200 52079 Retained camings.12.01 1.380.00 699900 SE360 Kumont Assets $767700 S&S ST18 Indmeni in Sun S1445500 SD 514662 5 |Trailer $214300 5321000 S142000 3677 Property and equipment 591900 522.3300 S20800 Csode SLIM Palets $ SLE 539300 SIS Kronill SAO? 7 Total $3347300 S1053.700 570 Accounts payable (12600/S1000 5207000 Common Back 56267900 S000 S86000 84267600 Additional pod in capital 156610 46300 546300 SCT SRO Nontcontrolling into S120W 5160 CR95 1361375 Rencamine 1231 1386500 SR39900 S413665008 Towalible and equites 313347300 S303200 $17814751751475 5037975 Under IFRS, what amount should Plaza, Inc recognize as noncontrolling interest when doing the consolidated financial statements as of December 21 2021? Provide a brief explanation of the option selected Toaletto 00 B I USE 5 ch 2 Problem 4-29 Algo) (LO 4-1, 4-5, 4-6) Pare in percent of the canon.comment Corporate SU55.900 cash Action date Standort von Several del term States and conditioner dete ret fortemon December 2016 Cat . nra Total . co PLAZA CORPORATION AND STANFORD CORPORATION Centation With For Your Dec 31, 201 CE Per Son Du 600 801700 53400 053200 226 100 M 5 100 (516100.00 5 Coral goods and Depreciation Amore Equity income of Stord Notice Comed.com NCISCI Please C Retained sameg, 1121 Nation Odds declared Rutained ange. 123121 Current Inverter Traders Property and met Parade Good Total Accounts payable Common stock Adana Nunca Rutina 1203 Town 5 (1.138.30 5.472.500 516120 393400 267 500 25 000 5(136.500.00 5 757700 5.50 14450 214300 521000 919 800 223300 1200 3370031053200 (1269001 61.000 267 500 06.000 (1 66000 000 5 00 347.00 11.03.2009 Answer 1 of 1 Solution: Fair value of coderatio $1444575 Book value SUSU Pas fair overbook SOS Asmalto Life Amortizati 143000 Indkind Tradentes 1463000-320001 Property and can 1226000255200) Palet 1187800-1450001 2 39200 14 2800 Kill SANS Working : (-393400+2500+2800)-20% 577000 186000-46300+472500)*80% $483840 85000-46300-472500*20% $120960 1142000+20800239200+638075)*80% 5572050 (142000+20500+59200+538075]"20% $158015 483840-310400-672060 51456300 Entry S $483840 186000 46300-472500-80% 1 $310400 A $572050 (142000-2000D+29200-53207530% Plaza Corporation and Standford Corporation Consolidation Worksheet For ending December 31, 2018 Corroded Entries Cosoline Ace Plan Stanford Het Cal NO Ta Rev 1965400 SINGO SE172010 Custol geduld 3334300 33.00 5587500 Depreciation expert 5226400 501900 S2600 5260900 Amortation expense S $2520 52800 S2 quity in income of Stanford CFHOOR S310100 5 Neline S1600393960 Corolidated neincette S49937001 NCI share on CN 5:770001 577600 Plus share of CNI 5161004 Rotana min 1/1 BETERLOO (47250 $472500 1130 Net inte $(5161005393400 S4516100 Dividends declared $267900 506000 S20500 S5200 52079 Retained camings.12.01 1.380.00 699900 SE360 Kumont Assets $767700 S&S ST18 Indmeni in Sun S1445500 SD 514662 5 |Trailer $214300 5321000 S142000 3677 Property and equipment 591900 522.3300 S20800 Csode SLIM Palets $ SLE 539300 SIS Kronill SAO? 7 Total $3347300 S1053.700 570 Accounts payable (12600/S1000 5207000 Common Back 56267900 S000 S86000 84267600 Additional pod in capital 156610 46300 546300 SCT SRO Nontcontrolling into S120W 5160 CR95 1361375 Rencamine 1231 1386500 SR39900 S413665008 Towalible and equites 313347300 S303200 $17814751751475 5037975