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January 24, 2020 at 1:07 pm
sr what is meant by unwinding of discount
June 11, 2020 at 4:51 pm
It is a process of increasing the value of a liability from its present value to its terminal/settlement value, i.e. what we are expected to pay in the future.
September 9, 2018 at 7:56 pm
The question only asked us to calculate the goodwill, which has been done. The inclusion of the journal for the deferred consideration was done for demonstration purposes only. We would need to record the issue of the P shares too in the books of the parent.
September 9, 2018 at 6:37 pm
i am baffled at the journal entry . you debited investment with the deferred consideration only. why didnt you debit investment with the value of the shares plus the present value of the deferred consideration?
my journal entries were DR investment 53840, CR share capital 16m, CR share premium 16m and CR deferred consideration 21840
May 12, 2019 at 10:29 am
Well, he didn’t because he just showed the journal in the above example. Technically you are right.
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