December 5th, 2023

ACC6063 Advanced accounting 2 Assignment, SMU, Singapore: the assumption that August is an associate of Caddy, what would be the Ca carrying amount of the investment

The Caddy group acquired 240,000 of Not Yet Answered August's 800,000 equity shares for RM6 per share on 1 April 2020. August's profit after tax…

December 5th, 2023

ACC6063 Advanced accounting 2 Assignment, SMU, Singapore: What is the value of an investment in associates shown in the consolidated statement of financial position

Bintik Putih bought 30% of Arnie on 1  January 2020, when Arnie had share Flag question capital of 1 00,000 RM 1 shares and RM400,000…

December 5th, 2023

ACC6063 Advanced accounting 2 Assignment, SMU, Singapore: Which of the following definitions is not included within the definition of control per MFRS10

Which of the following definitions is not included within the definition of control per MFRS 10 Consolidated Financial Statements? Select one: A. Having exposure, or…

December 5th, 2023

ACC6063 Advanced accounting 2 Assignment, SMU, Singapore: XX acquired 80% of the share capital of LL on 1 August 2020 and is preparing its group financial statements

XX acquired 80% of the share capital of LL on 1 August 2020 and is preparing its group financial statements for the year ended 31…