1. Why do we credit the asset that is sold to Joint Operations ?
2. why is there 50% gain on sale ?
3. Why is there a gain on sale?
4. what is the difference between associates and joint operations?
5. why does the investment in associate get increased or decreased? What is the logic behind increasing the asset ?
6. why do we debit dividend revenue for a parent investor ?
7. why do we take up prior year retained earnings/ ARS for a parent investor ?

please note this is for Australian Corporate Accouning questions.