[shiv1]

Bob acquired 80% of the voting equity shares of Bill. Bill had the following equity at the date of acquisition:
$
Ordinary shares $1 1,000,000
Retained earnings 800,000
The cost of the investment was $1,500,000 and the fair value of the non-controlling interest at acquisition was
$360,000

how do you answer such a question

[shiv1]

during 2015 the company made a bonus issue of 1 share for every two held, using the share premium a/c for the purpose and later issued for cash another 60000 shares at 80 cents per share
What do you mean by this

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