Loved it! I’ve found it difficult to understand using the Kaplan book, but you made that easy. The Kaplan book threw in Share Premium, which threw me for a loop when I was working through questions, aside from that, thank you so much for helping me tackle this, it’s a popular topic on the exam as you said, and now I have no worries about it. I can’t thank you enough.
I was wondering if there had been pre-acquisition retained earnings, would we use P’s share of the pre-acquisition retained to work out the goodwill or would we just use all of it like we have been doing up to this point?
John Moffat says
All of it
verweijlisa says
Loved it! I’ve found it difficult to understand using the Kaplan book, but you made that easy. The Kaplan book threw in Share Premium, which threw me for a loop when I was working through questions, aside from that, thank you so much for helping me tackle this, it’s a popular topic on the exam as you said, and now I have no worries about it. I can’t thank you enough.
embazzador says
Hello,
I was wondering if there had been pre-acquisition retained earnings, would we use P’s share of the pre-acquisition retained to work out the goodwill or would we just use all of it like we have been doing up to this point?