sir wanna ask for adjustment of paladin december 2011 question of consolidation. Its 2nd adjustment cannot make it though actually its depreciation making issue for me.
I think depr. of $1000 (4000/4) should make entries of Dr. depreciation $1000 Cr. $800 to consolidated reserves and $200 to NCI
similarly, $500 (3000/6) Dr. depreciation $500 Cr. consolidated reserves $400 and $100 to NCI
but what originally happened is not making sense for me kindly help me please
its disturbing
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Paladin- Depreciation Issue
10y ago#1Rather than split every separate adjustment into "us" and "them", why not feed all the adjustments into a single working in full and then allocate to "us" and "them"
I think that you'll find that the end result is the same but your way is slower and more cumbersome
ok
I should make adjustments to RE of subsidiary and then as whole should allocate in 80 and 20%
10y ago#3Correct - much easier :-)
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