Consolidated Financial statements Questions Answers: Example 09

Hello Future Chartered Accountants, we thank you so much for your support, This series is really really important from exam point of view it will everyone help immensely in CLEARCAEXAMS. In this video, You can find the solution for- Playlist:-    • Consolidated Financial statements Question...   Question Dictionary: Question 09 Consolidated Financial statement (CFS) CA Final New Syllabus 2020 A Ltd. acquired 70% of equity shares of B Ltd. on 1.04.20X1 at cost of 10,00,000 when B Ltd. had an equity share capital of 10,00,000 and other equity of 80,000. In the four consecutive years B Ltd. fared badly and suffered losses of 2,50,000, 4,00,000, 5,00,000 and 1,20,000 respectively. Thereafter in 20X5-20X6, B Ltd. experienced turnaround and registered an annual profit of 50,000. In the next two years i.e. 20X6-20X7 and 20X7-20X8, B Ltd. recorded annual profits of Rs 1,00,000 and 1,50,000 respectively. Show the non- controlling Interests and cost of control at the end of each year for the purpose of consolidation. Assume that the assets are at fair value. Other Videos of playlist: MUST WATCH Question Dictionary: Consolidated Financial Statements (CFS) II Business Combination II CA FINAL FR New Syllabus II SAWALO KI ARTICLESHIP    • Consolidated Financial statements Question...   Thank you again for watching the Question Dictionary: Question 01 Consolidated Financial statement (CFS) CA Final New Syllabus 2020, We recommend to visit Our other playlists- CA FINAL FULL SYLLABUS CLASSES    • FR NEW SYLLABUS CLASSES NO COST II ABKI BA...   Subscribe now:    / clearcaexamsnow   Thank you for sharing and subscribing.