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PICANT- consolidation question

Forums › ACCA Forums › ACCA FR Financial Reporting Forums › PICANT- consolidation question

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  • September 4, 2022 at 9:18 pm #665160
    Maimoona5998
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    Hi,
    I have a query regarding this question. Why did we not calculate finance charge on the laon notes issued by PICANT to ADLER (associate)? And in turn, added it into current liability and subtracted it from the group retained earnings?

    Regards

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