ACC6063 Bintik Putih bought 30% of Arnie on 1 January 2020, when Arnie had a share capital of 100,000 RM1 shares: Advanced Accounting 2 Assignment, NTU
Bintik Putih bought 30% of Arnie on 1 January 2020, when Arnie had a share capital of 100,000 RM1 shares and RM400,000 retained earnings The consideration comprised one Beasant share for every 3 shares bought in Arnie At the date of acquisition, Bintik Putih’s shares had a market value of RM4.50 arid Arnie’s had a […]