Firstly, thanks for responding. To clarify, without the disposal of subsidiary, we would credit the cost of investment, debit goodwill and debit pre acquisition reserves in the subsidiary. On disposal how is the group gain on disposal of this subsidiary accounted by double entry? Also the individual parent company will have gain o disposal of subsidiary and on consolidation is this gain debited? If so what is the credit entries please?
It do not cover when materials and overhead are given and I'am required to calculate the cost of production rather than time or labour cost taken to produce a particular unit
Educational video as always
Thanks man. Your videos really helped with my Applied Group Financial Reporting exam. keep up the good work.
I have subscribed sir, I will be awaiting the 2nd part
Noted
@@Ezikan i have searched and didn't see the second part
Not ready yet
thank you so much man
Glory be to God.
God will be with you
Thanks 👍
Great tutorial. Very detailed. What would the double entry be in relation to your calculations in the consolidated accounts please?
Which of the calculation, there are lots of calculation
For instance, goodwill
DR goodwill
CR cost of control
Firstly, thanks for responding.
To clarify, without the disposal of subsidiary, we would credit the cost of investment, debit goodwill and debit pre acquisition reserves in the subsidiary. On disposal how is the group gain on disposal of this subsidiary accounted by double entry? Also the individual parent company will have gain o disposal of subsidiary and on consolidation is this gain debited? If so what is the credit entries please?
Good morning Sir, please do a video on learning curve theory using ican past questions where materials and overhead are involved 🙏🙏🙏🙏🙏🙏
I have videos on those areas already
It do not cover when materials and overhead are given and I'am required to calculate the cost of production rather than time or labour cost taken to produce a particular unit
You apply learning curve to labour and determine the other cost
I have lots of work in mind. Not sure I will have time for that this week.
Sir we are waiting for disposal bof subsidiary pt 2
Part 2 is there
Sir I mean comprehensive questions on disposal of profits or loss that has two subsidiaries
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