I took paid classes and never learnt about the retained earnings part at all. Such an important adjustment was completely skipped and now I have leant it here thanks to this video. Very nice explanations, thanks a lot.
Thanks for this great explanation. If the investor put in 1M on the subsidiary, would I need to show this 1M as NCI when I consolidate the subsidiary onto the parents books? The parent has 70% ownership. Thanks
I took paid classes and never learnt about the retained earnings part at all. Such an important adjustment was completely skipped and now I have leant it here thanks to this video. Very nice explanations, thanks a lot.
very helpful. Thank you, Sir!
This is gold! Thank you!
When calculating net you should take retained at date if acquisition
Very very helpful, thank you
Very
Helpful
Thank You Sir
Thanks for this great explanation. If the investor put in 1M on the subsidiary, would I need to show this 1M as NCI when I consolidate the subsidiary onto the parents books? The parent has 70% ownership. Thanks
In the sample balance sheet parent recorded the investment of 1,000 in subsidiary book where is it recorded?
Thank you
Super helpful
what about goodwill calculation?
thanks sir
5:57
DO NOT PUT IN 75% of Asset or Liabilities or you might aswell just walk out of the exam hahahahahahahah
Yeah man. I wheezed at that part.
You're not clear enough
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