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consolidated

Forums › ACCA Forums › ACCA FA Financial Accounting Forums › consolidated

  • This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.
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  • May 21, 2020 at 8:55 pm #571525
    Amanda1995x
    Member
    • Topics: 1
    • Replies: 0
    • ☆

    (i) Jx Plc acquired 3,984,800 shares in Saturn Ltd for £7,813,000 when the retained earnings of Sx Ltd were £125,000. There has been no change in the share premium since acquisition.
    How do I find the consideration ?

    May 22, 2020 at 8:39 am #571545
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54787
    • ☆☆☆☆☆

    The consideration is the amount paid, which from what you have typed is 7,813,000.

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