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  • December 6, 2015 at 12:19 pm #288187
    mysterybevonb
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    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

    December 6, 2015 at 12:00 pm #288180
    mysterybevonb
    Member
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    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?

    December 6, 2015 at 10:09 am #288155
    mysterybevonb
    Member
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    i also dont know what im confusing ..
    i just wonder why there is deduction for cash consideration at equity investment .

    November 28, 2015 at 3:34 am #285837
    mysterybevonb
    Member
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    Thx you sir ! Finally i got the solution !

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