[bevonb]

Under answer b)non current asset
Why have to minus 13500?????

Financial asset: equity investments (16,000 – (13,500 cash consideration) – 200 loss) 2,300

[bevonb]

Yeah sir i think that is the problem .
I think is i dont understand the treatment for cash consideration .
If the question stated that parent haven’t record . Wad is the entry for cash consideration?

[bevonb]

i also dont know what im confusing ..
i just wonder why there is deduction for cash consideration at equity investment .

[bevonb]

Thx you sir ! Finally i got the solution !

[Author]

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