[ahmedsameerkhan]

Date???

[ahmedsameerkhan]

Oh, okay sir I got that.
And I am using Emile Woof Kit, 2013 edition.

[ahmedsameerkhan]

January 2013 Edition Kit.
Sir they calculated goodwill attributable to the equity owners of P as:

Cost $240,000
Net assets acquired:
Share capital $100,000
Opening accumulated profits $200,000
Profits to 31 July (60,000 x 7/12) $35,000
$335,000
Group share (60% × 335,000) $201,000
= Goodwill (240,000 – 210,000) $39,000

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