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  • Calculation of Associate

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    Muhammad Ubaid Ullah
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    This document appears to be a list of multiple choice questions and answers about accounting concepts related to acquisitions, goodwill, and associates. It includes questions about share capital, share premium, retained earnings, revaluation surplus, fair value adjustments, calculation of goodwill, and calculation of an associate's value.

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    This document appears to be a list of multiple choice questions and answers about accounting concepts related to acquisitions, goodwill, and associates. It includes questions about share capital, share premium, retained earnings, revaluation surplus, fair value adjustments, calculation of goodwill, and calculation of an associate's value.

    Copyright:

    © All Rights Reserved
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    10 views1 page

    Calculation of Associate

    Uploaded by

    Muhammad Ubaid Ullah
    This document appears to be a list of multiple choice questions and answers about accounting concepts related to acquisitions, goodwill, and associates. It includes questions about share capital, share premium, retained earnings, revaluation surplus, fair value adjustments, calculation of goodwill, and calculation of an associate's value.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Chapter

    18
    04/06/2021 11:08 AM

    1. D

    2. D

    3. A

    4. B

    5. D

    6. A

    7. B

    8. C

    9. A

    10. C

    11. B

    12. B

    13. C

    14. A

    15. D

    16. D

    17. D

    18. A

    19. C

    At date of acquisition At reporting date


    Share Capital
    Share premium
    Retained earnings
    Net assets

    Fair Value of consideration paid


    Fair Value of Non – Controlling Interests at acquisition

    Less: Fair Value of net assets at acquisition


    Goodwill on acquisition

    20. C

    21. B

    22. 521

    23. C
    24. 710000

    Fair Value of consideration paid

    Fair Value of Non – Controlling Interests at acquisition

    Less: Fair Value of net assets at acquisition

    Goodwill on acquisition

    At date of acquisition At reporting date


    Share Capital

    Share premium

    Retained earnings

    Revaluation surplus

    Fair value adjustment

    Net assets

    25. C

    Calculation of Associate
    Cost of investment

    Share of post-acquisition profits

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