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Inter entity transaction- group account

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FA – FIA FFA › Inter entity transaction- group account

  • This topic has 2 replies, 2 voices, and was last updated 4 years ago by AvatarJohn Moffat.
Viewing 3 posts - 1 through 3 (of 3 total)
  • Author
    Posts
  • December 8, 2021 at 8:16 pm #643282
    Avataroedipatc
    Participant
    • Topics: 3
    • Replies: 1
    • ☆

    Hi John,
    Could you please help me with solving this exercises.

    Thank you in advance,
    King regards,
    Thuy
    Exe Co acquired 70% of the ordinary share capital of Barle Co six years ago. The following information relates to Barle Co for the year ended 30 September 20X3.

    Sales revenue 480,000
    Cost of sales 270,000
    Administration expenses 90,000
    Taxation 30,000

    What is the profit attributable to the non-controlling interest in the consolidated statement of profit or loss?

    December 8, 2021 at 8:33 pm #643283
    Avataroedipatc
    Participant
    • Topics: 3
    • Replies: 1
    • ☆

    I got that exercise before seeing your lecture on the consolidated S.O. P.L.

    Very sorry for bothering you.

    December 9, 2021 at 5:12 am #643330
    AvatarJohn Moffat
    Keymaster
    • Topics: 57
    • Replies: 54836
    • ☆☆☆☆☆

    No problem 🙂

  • Author
    Posts
Viewing 3 posts - 1 through 3 (of 3 total)
  • The topic ‘Inter entity transaction- group account’ is closed to new replies.

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