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NEW QUESTION: 1
A. Option B
B. Option A
C. Option D
D. Option C
Answer: A
NEW QUESTION: 2
A. Option B
B. Option A
C. Option D
D. Option C
Answer: B
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. $430,000
B. $200,000
C. $400,000
D. $120,000
Answer: C
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