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Pre acquistion dividend

This topic has 6 replies, 4 voices, and was last updated 13 years ago by sheikhshafiq.

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October 22, 2011 at 1:58 pm #50189
sheikhshafiq
Member
- Topics: 9
- Replies: 20
Dear Members
I want to know the treatment of Pre acquistion dividend regarding consolidation.
October 23, 2011 at 6:06 am #89004
frost
Member
- Topics: 5
- Replies: 19
Just reduce the pre- acquisition dividend from the cost of the investments.
October 23, 2011 at 5:39 pm #89005
MikeLittle
Keymaster
- Topics: 27
- Replies: 23200
Hi
Thanks Frost. HOWEVER!!!!
There was ( and I missed it! ) an amendment 18 months ago. Because of the arbitrary measurement of pre-acq profits and the apportionment of the dividend, it has now been decided to credit the full dividend to the Statement of Income without any of it going to reduce the Cost of Investment
October 24, 2011 at 12:10 am #89006
zuiis
Member
- Topics: 11
- Replies: 25
Further adding to frost try question Ejoy, this question had adjustment for Pre Acq dividend
October 25, 2011 at 7:05 am #89007
sheikhshafiq
Member
- Topics: 9
- Replies: 20
wat is the accounting entry and do it have impact on non controling interest?
November 17, 2011 at 10:42 am #89008
sheikhshafiq
Member
- Topics: 9
- Replies: 20
dear zuiis do u have the question and answer of pre acq divident…please provide it to me
November 17, 2011 at 10:42 am #89009
sheikhshafiq
Member
- Topics: 9
- Replies: 20
dear zuiis do u have the question and answer of pre acq divident…please provide it to me
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