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25.3 Task 1

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › 25.3 Task 1

  • This topic has 3 replies, 2 voices, and was last updated 5 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • November 28, 2020 at 5:10 pm #596924
    arahnsathananthan
    Participant
    • Topics: 64
    • Replies: 82
    • ☆☆

    Hi John

    Please help me on 25.3 Task 1

    I am not sure if the answer in the book is correct for this. I added 3345 to the fair value of the non-controlling interest at acquisition of 1415. The answer however is 3345 minus 1415. I am not sure if this is correct ? I hope you can let me know soon please

    November 28, 2020 at 5:59 pm #596943
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54808
    • ☆☆☆☆☆

    They have written ‘plus’ and that is correct. So in the arithmetic they should have added the figures and not subtracted.

    November 28, 2020 at 6:03 pm #596945
    arahnsathananthan
    Participant
    • Topics: 64
    • Replies: 82
    • ☆☆

    okay brilliant. Thanks John. I was worried I got it incorrect.

    November 29, 2020 at 8:50 am #596971
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54808
    • ☆☆☆☆☆

    You are welcome 🙂

  • Author
    Posts
Viewing 4 posts - 1 through 4 (of 4 total)
  • The topic ‘25.3 Task 1’ is closed to new replies.

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