20% off ACCA & CIMA Books

OpenTuition recommends the new interactive BPP books for December 2025 exams.
Get your discount code >>

Changes in ownership – Group Accounts

This topic has 1 reply, 2 voices, and was last updated 1 year ago by Stephen Widberg.

Viewing 2 posts - 1 through 2 (of 2 total)

Author
Posts
November 10, 2023 at 7:00 pm #694653
DeepikaG1
Participant
- Topics: 1
- Replies: 0
Hi,
Could you please help me with the journal entries when a parent loses control in subsidiary and the entity is now an associate?
Many Thanks,
Deepika
November 11, 2023 at 7:01 am #694661
Stephen Widberg
Keymaster
- Topics: 16
- Replies: 3434
Dr Cash
Dr Associate (FV) – given in question
Dr NCI
Cr NA of sub
Cr Goodwill
Dr/Cr P&L – balancing figure
Author
Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.