[shoaibakram]

Thank you sir. It’s really helpful for me.

[shoaibakram]

Thanks a lot sir I have got a point. But there is some confusion in deprecation . In the solution of this question. The entry passed

Accumulated impairment loss 20
P&l a/c 15
Accumulated deprecation 5

The above 2 point I got but why accumulated deprecation is 5.I m trying to pick the point but failed.

[shoaibakram]

Okay John
Thanks

[shoaibakram]

Thanks again !

Mike

[shoaibakram]

Thank a lot ! Mike

it’s really helpful for me .
And It’s $50000 cash.

[shoaibakram]

Is it correct ?

GOODWILL

Opening balance 4160
acquisition of sub
( 4000 +2000 )shares and cash -(5000@75%) 2250

Closing balance 6410

And there is no cash flow so not put in the cash flow statement

[Author]

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