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investment

This topic has 1 reply, 2 voices, and was last updated 3 years ago by P2-D2.

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January 22, 2023 at 10:25 am #677205
xyzc
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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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