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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 ?
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)