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CH.7 EX.3 – SCF – Acquisition and Disposal of Sub

This topic has 1 reply, 2 voices, and was last updated 4 years ago by Stephen Widberg.

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September 28, 2021 at 6:09 pm #636658
a7mdsuliman
Participant
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Hi,
chapter 7 example 3 :- why did we ignore the change if PPE, for some reason I believe because the information given wasn’t enough (Depreciation on both parent and sub) is that correct ?
Regards,
Ahmed
September 29, 2021 at 8:49 am #636675
Stephen Widberg
Keymaster
- Topics: 16
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Yes. Not really enough information – we would need to be told group depreciation and whether or not there were any disposals.
If we ignore depreciation and disposals the ‘purchase of PPE’ would be 15. ((520-490)-15)
🙂
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