Chapter 7
Example 10
Nci investment evaluation 7000
Please explain me how it comes?
Ask the Tutor ACCA FR
Nci
Share capital 3,000
Share premium 1,500
Retained earnings brought forward 20,000
Retained earnings to 1 August (date of acquisition) 7/12 x 6,000 = 3,500
Add them up = 28,000
Give nci their 25%
OK?
Many thanks!
You're welcome
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