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'X' Ltd acquired on 1 July 2019 all the issued shares ( cum div .) of 'Y' Ltd for $33?000. At this date, the equity

'X' Ltd acquired on 1 July 2019 all the issued shares ( cum div .) of 'Y' Ltd for $33?000. At this date, the equity of 'Y' Ltd was as follows. Share capital $20?000 General reserve 2?000 Retain...

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