Suze
06-09-09, 03:13 AM
Please explain to me.
Parent acquired Subsidiary on 1 jan 20X0. Sub's building f/v at acquisition was 200,000 more than what was recorded on sub's SOFP. what would be the adjustment for the SOFP as at 31 dec 20X5 ?
Parent acquired Subsidiary on 1 jan 20X0. Sub's building f/v at acquisition was 200,000 more than what was recorded on sub's SOFP. what would be the adjustment for the SOFP as at 31 dec 20X5 ?