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Dear Sir,
I’m facing difficulty when calculating the
1. Retained earnings.
How to get the post-acquisition profit for the 25% (15,000)
I was trying to take 8m/12 * 9 + 10m but it gaves 16,000.2. For piecemal acquisition, is it we have recalculation the previous interest held at current FV during the control obtained?
Please help.
Thanks.
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