Prepare the consolidated balance sheet at the date

Reference no: EM133611033

Question: Additional information regarding SA: SA has developed a brand name whose fair value is estimated at 200 on 31 December N. SA has also developed specific industry knowhow that is estimated at 85 on 31 December N. Assume that on 31 December N, PC acquired 100% of Subsidiary SA shares for 800 in cash. Prepare the consolidated balance sheet at the date of acquisition. Explain your calculations.

Reference no: EM133611033

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