OTHER COMPREHENSIVE INCOME AND GOODWILL

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This topic contains 2 replies, has 2 voices, and was last updated by Avatar of MikeLittle MikeLittle 3 years, 10 months ago. This post has been viewed 149 times

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    abbas ali
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    AT NOV 2009 A SELL 60% OUT OF 100% SHARE IN SUB. PROFIT FOR THE YEAR 2M AND OTHER COMPREHENSIVE INCOME 1M (AVAILABLE FOR SALE) . CARRYING VALUE AT NOV 09 GIVEN . CAN WE ADD COMPREHENSIVE INCOME IN CALCULATING PROFIT ON DISPOSAL. IF YES WHY?

    IN QUESTION GIVEN FRENCHIE RIGHT NOT RENEWABLE AND NOT INCLUDED IN F.S OF SUB. CAN WE INCLUDE IN CALCULATING GOODWILL IF NO OTHER STATEMENT GIVEN EXCEPT ABOVE . IF NO CAN WE AMORTISED IT AND CARRYING VALUE ON F.S.


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    abbas ali
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    • Topics: 9
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    what the service! no reply still……………………………


    Avatar of MikeLittle
    MikeLittle
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    • Topics: 1
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    Hi – the reason I have not responded is because I hoped that someone may understand your question! What the h**l is a Frenchie?

    I can see no reason why the profit on the available for sale should not be included, but what’s the question name – then I can look at it directly.

    I simply do not understand what the second part of your question is about.

    And, incidentally, before I get subjected again to such criticism, would you mind first asking yourself exactly how much you have paid for me to answer your questions? This is a FREE service and please do not forget it! :-)

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