question archive Third Question: 1
Third Question: 1
Subject:AccountingPrice: Bought3
Third Question: 1. (A), (B) and (C) are involved in a statutory consolidation and agreed to form a new company (E). the goodwill of the consolidation are : +6000, +4000, (11000), the good will in the balance sheet of (E) will be : 2. On December 31, 2018 (A) paid JD65000 for 90% of the net asset of (B). The value of carrying assets and liabilities of (B) at this time equal to their fair values except for equipment (decreased by 10000 ) and the land ( increased by 15000).(B's) stockholders equity at the date are : Explanations (A) (B) Common stock 40000 30000 Paid-in-capital 20000 15000 Retained earnings 15000 25000 (A's) stockholders equity balance is : Fourth Question: (A) owns 80% of the net assets of (B). You have given the following data after the date of acquisition : Explanation (A) (B) Carrying value Fair value Investment in 85000 0 0 (B) Other assets 150000 90000 80000 Total assets 235000 90000 80000 Liabilities 70000 20000 20000 1. The total assets in the consolidated financial statement ( parent concept) will be : 2. Non-controllable interest in the consolidated financial statement will be( parent concept) :
