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Chapter 7
Example 10
Nci investment evaluation 7000Please explain me how it comes?
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 = 3,500Add them up = 28,000
Give nci their 25%
OK?
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