On 30 June 20X1, Buyer plc obtained control of Target plc by purchased 60% of...
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Accounting
On June X Buyer plc obtained control of Target plc by purchased of Target plcs ordinary shares. The revenue reported by Buyer plc and Target plc in their separate income statements for the financial year ending December X are and respectively. Assume no intragroup transactions and revenues are spread evenly throughout the year. Revenue reported in Buyer plcs consolidated income statement for the year ending December X is: a b c d e
On June X Buyer plc obtained control of Target plc by purchased of Target plcs ordinary shares. The revenue reported by Buyer plc and Target plc in their separate income statements for the financial year ending December X are and respectively.
Assume no intragroup transactions and revenues are spread evenly throughout the year. Revenue reported in Buyer plcs consolidated income statement for the year ending December X is:
a
b
c
d
e
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