E Co acquires 60% of the issued share capital of S Co midway through its...
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Accounting
E Co acquires of the issued share capital of S Co midway through its accounting year on April X In their separate statements of profit or loss, the profits before tax of the two companies for the year ended December X are: E Co $ S Co $ What profit before tax is reported in the consolidated statement of profit or loss for the year ended December X in accordance with IFRS Business Combinations? $ $ $ $ I will give you downvote from different account if you accepted
E Co acquires of the issued share capital of S Co midway through its accounting year on April X
In their separate statements of profit or loss, the profits before tax of the two companies for the year ended December X are:
E Co $
S Co $
What profit before tax is reported in the consolidated statement of profit or loss for the year ended December X in accordance with IFRS Business Combinations?
$
$
$
$
I will give you downvote from different account if you accepted
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