Multiple Choice
On consolidation,the investment in subsidiary,shown in the investor's books,shall be eliminated in full against which of the following?
A) Assets and liabilities of the subsidiary.
B) Post-acquisition shareholders' funds of the subsidiary.
C) Share capital of the subsidiary acquired by the parent only.
D) Goodwill amount created on acquisition.
E) None of the given answers.
Correct Answer:
Verified
Correct Answer:
Verified
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