Changes in ownership – Group Accounts

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

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
November 10, 2023 at 7:00 pm #694653
DeepikaG1
Participant
- Topics: 1
- Replies: 0
Hi,

Could you please help me with the journal entries when a parent loses control in subsidiary and the entity is now an associate?

Many Thanks,
Deepika
November 11, 2023 at 7:01 am #694661
Stephen Widberg
Keymaster
- Topics: 17
- Replies: 3453
Dr Cash
Dr Associate (FV) – given in question
Dr NCI
Cr NA of sub
Cr Goodwill
Dr/Cr P&L – balancing figure
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.