bargain purchase

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September 3, 2019 at 10:49 pm #544619
mehazia
Participant
- Topics: 54
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how will a burgain purchase be accounted for?
subtracted as a whole under retained earnings?
September 8, 2019 at 9:28 pm #545586
P2-D2
Keymaster
- Topics: 4
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A bargain purchase is credited through profit or loss, and therefore will be added to the group retained earnings.

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