question archive Answer the following multiple-choice question Almond acquires 80% of the share capital of Cashew on 1 August 20X6 and is preparing its group financial Not yet statements for the year ended 31 December 20X6
Answer the following multiple-choice question Almond acquires 80% of the share capital of Cashew on 1 August 20X6 and is preparing its group financial Not yet statements for the year ended 31 December 20X6
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Answer the following multiple-choice question
Almond acquires 80% of the share capital of Cashew on 1 August 20X6 and is preparing its group financial Not yet statements for the year ended 31 December 20X6.
How will Cashew's results be included in the consolidated statement of financial position at 31 Marked out of December 20X6?
O a. 100% of Cashew's assets and liabilities at 31 December 20X6 question
O b. 80% of Cashew's assets and liabilities, time apportioned for the 4 months from 1 August 20X6 to 31 December 20X6
O c. 80% of Cashew's assets and liabilities at 31 December 20X6
O d. 100% of Cashew's assets and liabilities, time apportioned for the 4 months from 1 August 20X6 to 31 December 20X6
Option 1
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