Thank you for explaining this. Sometimes the textbooks have a very roundabout way of explaining simple concepts, making things more complicated. You helped me pass my exams :)
Thanks a lot for the video. I wonder to know why it seems to me that you pay to acquire the subsidiary less than what it is really worth. The subsidiary has retained earning of 14000. I assume that the retained earnings of the subsidiary must be canceled out. May you pls explain this?
so do we actually just assume that the investment was not made and the shares did not ever exist. are we just deleting the the 55000, it doesnt seem right,
Thank you for explaining this. Sometimes the textbooks have a very roundabout way of explaining simple concepts, making things more complicated. You helped me pass my exams :)
simply explained
My brother
You deserve a bells!
Really good thanks
Thank you, this lesson is very valuable!
You making Accounting science easier❤
instablaster.
Briefly explained ❤
Omg thank you so much😩😩😩😊 I understand
Thank you so much 💯🙏
Hello what do you do with tax under the liabilities do you add it like payables or subtract
Thanks
Thanks 😊
lifesaver!!!
am wondering for the non currents assests how did it end up to 90000
Thanks a lot for the video. I wonder to know why it seems to me that you pay to acquire the subsidiary less than what it is really worth. The subsidiary has retained earning of 14000. I assume that the retained earnings of the subsidiary must be canceled out. May you pls explain this?
The company was owned from day 1 of subs opperations. Therefore they had no retained earnings when purchased.
so do we actually just assume that the investment was not made and the shares did not ever exist. are we just deleting the the 55000, it doesnt seem right,
I want a trial balance
I have an Exam in 1hr and i dont have any idea of What this Gentelemen is Talking please pray for me
❤❤😍😍😍😍