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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FR Exams › gain/loss on disposal (consolidation)
hello john hope you’re well. I wanted to ask this question please kindly help me.
as when we sell our subsdiary for the calculation of consolidated accounts we take net assets, goodwill and nci at the date of disposal right?
but what if they have not been given and there are only acquisition, do we take those??
thank you.
Hi,
You will always be able to calculate the required figures at the date of disposal. We cannot use the figures from the acquisition date in the calculations.
Thanks