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MikeLittle.
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tree38
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At the end of chapter 8 there is a section on buying a subsidiary by issue of new shares but it’s not covered in a lecture. If it is, which one.
AND if you issue new shares as in the example 1 in chapter 9, why aren’t the new shares reflected in the Equity shares of the parent company end of year balance sheet?
MikeLittle
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The topic isn’t covered in lectures because it was a late addition … and that’s why the explanation is fully detailed within the course notes
Here’s an extract from the question:-
“Only the cash payment on 31 March 2011 has so far been recorded”
OK?
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