Question: Question 1 ( Exercise 2 6 . 1 5 ) CONSOLIDATION WORKSHEET ENTRIES On 1 Jan 2 0 0 8 , Platypus Ltd acquired 7

Question 1(Exercise 26.15) CONSOLIDATION WORKSHEET ENTRIES
On 1 Jan 2008, Platypus Ltd acquired 75% of the shares of Wombat Ltd for $40,000. The following balances appeared in the records of Wombat Ltd at this date:
\table[[Share Capital,$20,000
Question 1 ( Exercise 2 6 . 1 5 ) CONSOLIDATION

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