Exam (elaborations)
FAC 3704 ASSIGNMENT 1
Rating
Sold
-
Pages
7
Grade
A+
Uploaded on
13-08-2021
Written in
2021/2022
Each question counts 1 mark. R 1. The correct answer is (3). Non- controlling interest At acquisition Retained earnings (107 500 x 20%) 21 500 Share capital (100 000 x 20%) 20 000 Since acquisition Retained earning (321 000 – 107 500) x 20% 42 700 Current year Profit for the year (124 000 x 20%) 24 800 Intragroup sale of inventories (70 000 x 25/125 x 0,72) x 20% (2 016) Dividends paid (50 000 x 20%) (10 000) 96 984 2. The correct answer is (1) R Long term borrowings Gems Limited 300 000 Aqua Limited 250 000 550 000 Less: I
Show more
Read less
Institution
Johns Hopkins University
Course
FAC 3704 ASSIGNMENT 1
Whoops! We can’t load your doc right now. Try again or contact support.
Written for
- Institution
-
Johns Hopkins University
- Course
-
FAC 3704 ASSIGNMENT 1
Document information
- Uploaded on
- August 13, 2021
- Number of pages
- 7
- Written in
- 2021/2022
- Type
- Exam (elaborations)
- Contains
- Questions & answers
Subjects
$9.49
Get access to the full document:
100% satisfaction guarantee
Immediately available after payment
Both online and in PDF
No strings attached
