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Consolidation Case Study Add in library

Referencing Styles : Harvard
Warren Ltd acquired 75% of the share capital of Broome Ltd on 1 July 2008. The following balances appeared in the records of Broome Ltd at this date: Share capital (140,000 shares)   $140,000 General reserve   3,800 Retained earnings   50,000 At 1 July 2008, all the identifiable assets and liabilities of Broome Ltd were recorded at fair value except for the following assets:     Carryi ...

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