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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › Sale of interest in subsidiary without losing control
Dear Tutor,
when a parent company sells partial interest in a subsidiary company without losing control the difference between sale proceeds and increase in non-controlling interest is accounted within ”other components of equity”. My question is : is there also a corresponding entry in “other comprehensive income” ?
Hi,
There isn’t any entry to OCI as the change is dealt with in the statement of changes in equity.
Thanks
Thank you very much 🙂