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ABFA > Formulas (1) > Flashcards

Formulas (1) Flashcards

1
Q

Premium Share (Journal Entries)

A

1

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2
Q

SOFP (after redemption) 2 extra entries

A
  1. CRR

2. Share Premium

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3
Q
  1. Goodwill on Consolidation
A

1

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4
Q
  1. Consolidated Retained Earnings
A

2

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5
Q
  1. Consolidated General Reserves
A

3

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6
Q
  1. Non-Controlling Interest on Consolidation
A

4

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7
Q
  1. Consolidated SOFP
A
  1. Investment = Goodwill
  2. URP
  3. Interco Transfer
  4. Cheque/Goods in Transit
  5. Shares
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ABFA (8 decks)

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