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Forums › ACCA Forums › ACCA FA Financial Accounting Forums › can someone please answer this for me ?
can someone please answer this for me in a step by step idiots guide lol?
thank you!
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barlow’s reserves =15000
pre-acquistion reserve=10000
therefore, post-acquistion reserve=15000-10000=5000
gary’s share of reserve=5000*60%=3000
NCI share of reserve=5000-3000=2000
fair value of NCI at acquistion=25000(ur print is not clear, i assume, 31 dec 20×5)
plus NCI share of reserve(2000)
NCI at reporting date=25000+2000=27000
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Questions seem to be phrased differently than past exams? Was this an actual exam from December?