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Starr acquires 80% shareholding. How does that translate to consideration transferred? At the date of acquisition of 80% of its issued shares by Starr Ltd,
Starr acquires 80% shareholding. How does that translate to consideration transferred?
At the date of acquisition of 80% of its issued shares by Starr Ltd, the equity of Lennon Ltd was: Share Capital (100,000 shares) General reserve Retained earnings $100,000 3,000 37,000
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To determine the consideration transferred when Starr Ltd acquires an 80 shareholdi...
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
