ABC Co. elects the option to measure non-controlling interest at fair value and a value of...
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ABC Co. elects the option to measure non-controlling interest at fair value and a value of $75,000 is assigned to the 20% non-controlling interest [(P300,000 + 80%) x 20% = 75,000]. 3. How much is the consolidated total assets as of January 1, 20x1? ABC Co. elects the option to measure non-controlling interest at fair value and a value of $75,000 is assigned to the 20% non-controlling interest [(P300,000 + 80%) x 20% = 75,000]. 3. How much is the consolidated total assets as of January 1, 20x1?
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Assuming that the fair value of the 20 noncontrolling interest is 75000 and this represents ... View the full answer
Related Book For
Advanced Accounting
ISBN: 978-0077431808
10th edition
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
Posted Date:
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