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Dear sir,
In this question, for the acquisition of 80% of salt, in the goodwill calculation, the fv of the consideration paid is taken as 110, which is the value of the investment in parents individual statement at 20×5. However, the acquisition had taken place at 20X3. How is it that the figure from 20X5 is taken as the consideration paid? Please help. Thank youThe CA in the parent’s accounts will normally be the cost. If it is not, you will be told what the cost was.
Thank you so much sir !!!
I’ve o my finished watching the lectures…so every now and then I get stuck in the questions! Need to fix Al these small errors here and there to be ready for the examsThank you
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