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Assignment1 Add in library

Referencing Styles : Open
Rachana On 1 July 2009 Bon Ltd acquired all the issued shares of Jovi Ltd for $50,000.  At that date the accounts of Jovi Ltd show the following (assume assets acquired represent fair market value): Share capital $25,000 General reserve $ 10,000 Retained earnings $15,000   Additional information for the year ended 30 June 2012: Sales by Jovi Ltd to Bon Ltd during the year amounted to $15,000 Unrealised profit in inventory of Bo ...

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