FAC2602

2. SOLUTION TO ASSIGNMENT 02/2018 – SEMESTER 1 PART A Dr R Cr R (a) Share capital 400 000 Retained earnings 800 000 Revaluation surplus (30 000 + 10 000) 40 000 Goodwill 8 000 Investment in Green Ltd 1 000 000 Non-controlling interests [(400 000 + 800 000 + 40 000) x (100 000 – 80 000)/100 000] 248 000 (b) Retained earnings – Save Ltd (800 000 x 25/125) 160 000 Cost of sales – Save Ltd Cost of sales – Save Ltd (750 000 x 25/125) Inventory – Green Ltd 150 000 160 000...