Parents Pleasure Ltd bought 60% of the shares of Triplet Enterprise Ltd on 31 March 2017. The
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Parents Pleasure Ltd bought 60% of the shares of Triplet Enterprise Ltd on 31 March 2017. The statements of financial position of the two companies on 31 March 2018 are as follows. You are to draw up a consolidated statement of financial position as at 31 March 2018. The amounts shown in the statements of financial position are a correct reflection of the fair values.
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Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9781292085050
13th Edition
Authors: Frank Wood, Alan Sangster
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