IDNLearn.com is designed to help you find reliable answers quickly and easily. Ask any question and receive timely, accurate responses from our dedicated community of experts.
On 1 July A Ltd acquired 100% of the share capital of B Ltd. At that date, the carrying amount of B Ltd's machinery was $600000. The fair value of the machinery on acquisition date was $710000. The company tax rate was 30%. What is the amount of the business combination valuation reserve that will be recognised on consolidation?
Sagot :
We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. Your search for solutions ends here at IDNLearn.com. Thank you for visiting, and come back soon for more helpful information.
