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Mohammed786-

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Active 2 years ago
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  • June 25, 2020 at 6:54 pm #574701
    6cc382a307f7bec4104f6856a989fd73706b978482e41cc6dd3315d5e4b8cfc7 80Mohammed786-
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    Thank you so much MrJon.

    Have a great day

    June 16, 2020 at 10:11 pm #574014
    6cc382a307f7bec4104f6856a989fd73706b978482e41cc6dd3315d5e4b8cfc7 80Mohammed786-
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    Thank you for the answer.

    One more question, we are told that if a subsidiary is aquired Mid Year then it’s profit and loss statement is pro rated from revenue expenses costs down to and including tax before consolidating line by line do Parent + Mid year Aquired of revenue let’s just say 6 months revenue.

    What about in consolidation of statement of financial position, do we Pro rata the assets liabilities of the subsidiary if mid year acquisition?

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