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NEW QUESTION: 1
A. Option D
B. Option A
C. Option B
D. Option C
Answer: C
NEW QUESTION: 2
A. Option D
B. Option B
C. Option A
D. Option C
Answer: C
NEW QUESTION: 3
GH owned 70% of the equity share capital of XY at 1 January 20X6. GH acquired a further 20% of XY's equity share capital on 31 December 20X6 for $430,000. Non controlling interest was measured at
$600,000 immediately prior to the 20% acquisition.
Which of the following amounts will GH debit to non controlling interest when the 20% acquisition is adjusted for in its consolidated financial statements at 31 December 20X6?
A. $200,000
B. $400,000
C. $120,000
D. $430,000
Answer: B
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