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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › December 2010 qn on premier
Regarding transaction (iv)
For the investment under consolidated SOFP, it shows 1800-800 +300 = 1300
Why do we have to minus 800 and add 300 ? Could you explain this calculation to me ?
4,000 shares in Sanford acquired, the issue of a $100 6% loan note for every 500 shares acquired in Sanford – what aggregate value are the 6% loan notes issued?
“the issue of the loan notes has been recorded” – where do you think Premier could have recorded the issue of these loan notes?
OK?
