C On 1 June 2020 Pam acquired 80% of the equity share capital of Scott. At...
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C On 1 June 2020 Pam acquired 80% of the equity share capital of Scott. At the date of acquisition, the fair values of Scott's net assets were equal to their carrying amounts with the exception of its property. This had a fair value of £1.2 million above its carrying amount. The property had a remaining useful life of eight years. The adjustment in respect of the property to be included in group retained earnings at 30 September 2020 is £ Blank 1. Blank 1 Add your answer C On 1 June 2020 Pam acquired 80% of the equity share capital of Scott. At the date of acquisition, the fair values of Scott's net assets were equal to their carrying amounts with the exception of its property. This had a fair value of £1.2 million above its carrying amount. The property had a remaining useful life of eight years. The adjustment in respect of the property to be included in group retained earnings at 30 September 2020 is £ Blank 1. Blank 1 Add your answer
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Related Book For
International Financial Reporting And Analysis
ISBN: 9781473766853
8th Edition
Authors: David Alexander, Ann Jorissen, Martin Hoogendoorn
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