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B co acquired 18520000 $1 ordinary shares in M co @ 1st november. B co owns $150000 of M co loan notes($200000 10% loan notes). B co paid $34000000 for shares. What is the fair value of consideration and how to treat loan notes in group accounts.
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please tell me how to ask questions in ‘Ask the Tutor forum’.
In the top bar there is a heading “Ask ACCA Tutor” 🙂
(or alternatively choose “ACCA Forums” and all are listed there including Ask the Tutor!)