Home » Financial Reporting FR F7 March 2019 Day 3 Practice to Pass ACCA Exam Approach Webinars financial reporting section c

Financial Reporting FR F7 March 2019 Day 3 Practice to Pass ACCA Exam Approach Webinars financial reporting section c



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Financial Reporting FR F7 March 2019 Day 3 Practice to Pass ACCA Exam Approach Webinars

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Financial Reporting FR F7 March 2019 Day 3 Practice to Pass ACCA Exam Approach Webinars
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6 thoughts on “Financial Reporting FR F7 March 2019 Day 3 Practice to Pass ACCA Exam Approach Webinars financial reporting section c”

  1. Sir there is Question in Kaplan

    Philip acquired 85% of Share of Stanley on 1st Oct 2001. Profit for the Yr. Dec 2001 for Stanley was $36000. Profit are deemed to accrue evenly over the Yr. At 31 dec 2001 stanley's Statement of Financial Position Showed:

    Eq. Share Capital- $200000 Retained Earning- $180000

    What were the net assets of Stanley on acquisition?

    My Ans- $372350

    KaplanAns- $ 371000

    Why they did not multiply Post acq. profit with %age of share acquired?

    Please explain

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