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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › BENTO CO (JUN 15)
In the new company, why is the equity 10,000 and not 34,600(Old Equity + New Equity)?
Okazu is being sold and a new company being formed. The old company is closed down and so the existing equity is no longer there.
Got it, Thank You. 😀
You are welcome.
