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investment

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › investment

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by P2-D2.
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  • January 22, 2023 at 10:25 am #677205
    xyzc
    Participant
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    Are retained earnings of the parent adjusted for post-acquisition reserves of associate or is it the investment in associate that is only adjusted

    January 26, 2023 at 8:51 pm #677432
    P2-D2
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    You need to adjust the group retained earnings as the other side of the journal entry where we have increased the investment in associate.

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