Question: Hi , please help with this accounting question. On 1 January 2 0 2 0 , A Ltd acquired all the issued shares in B
Hi please help with this accounting question.
On January A Ltd acquired all the issued shares in B Ltd At that date, the plant of B Ltd had a fair value of $ more than its carrying amount and an estimated useful life of years. B Ltd depreciates the plant on a straightline basis. The plant was sold during the year ended on June The business combination valuation consolidation adjustment against plant in relation to the transaction as at June will be:
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