Question Two Yamikani Limited owns 90% of the shares in Lemekani Limited. Yamikani originally acquired...
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Question Two Yamikani Limited owns 90% of the shares in Lemekani Limited. Yamikani originally acquired 25% of the Lemekani shares many years ago. On 1st January 2021 year Yamikani acquired a further 55% to take its holding to 80%. In the year 2022 , Yamikani acquired a further 10% to take its holding to 90% Required: Explain how the accounting treatment for Lemekani Ltd should have been accounted for each time Yamikani Ltd acquired shares
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