FV adjustment of an investment

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November 25, 2014 at 11:38 am #213105
Jimpy
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For question Trailer from the June 13 exam…

The 14% consideration is revalued upwards by 30m. The answer has taken this 30m out of retained earnings. Why is it taken out?

Is this 30m going to p+l? So you are crediting the p+l and debiting the retained earnings?

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