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Example 7 Chapter 23

This topic has 2 replies, 2 voices, and was last updated 1 year ago by alawi sayed.

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June 1, 2021 at 1:46 pm #622639
alawi sayed
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Hi Mr Chris,

In Chapter 23 ,example 7 what was the acquisition date?,

Thanks,
June 3, 2021 at 9:31 pm #622999
P2-D2
Keymaster
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Hi,

It looks like one hasn’t been given in the question. It has never been pointed out but you do not need one as we are given the retained earnings figure at the acquisition date, so the date does not matter.

Thanks
June 5, 2021 at 6:32 pm #623326
alawi sayed
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Thanks
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