Goodwill at acquisition was calculated to be $60,000. The total assets in the consolidated statement of financial
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Question:
Goodwill at acquisition was calculated to be $60,000. The total assets in the consolidated statement of financial position as of December 31, 2019, were calculated to be $6,865,000. You are required to show workings for the following:
1. Provision for unrealized profit
2. Non controlling interest at the reporting date
3. Group Retained earning at the reporting date.
Financial statements are attached in the SS
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
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