I would like to confirm the following. Please let me know if I am wrong somewhere.
1) If we are told to use NCI at full acquisition method,the accounting entries for impairment loss would be: DR group retained earnings (p’s share) X DR NCI (nci’s share) X CR goodwill X
2) If we are told to use NCI at proportionate method: DR group retained earnings (full amount) X CR goodwill X