If the unrealized profit of sales from parent to a subsidiary is GHC2,000 and NCI in the subsidiary has 30% share interest, what amount of the unrealized profit is chargeable to the group's retained earnings? OA GHC2000 OB. GHC1400 OC CHCS00 D. GHCO

If the unrealized profit of sales from parent to a subsidiary is GHC2,000 and NCI in the subsidiary has 30% share interest, what amount of the unrealized profit is chargeable to the group's retained earnings? OA GHC2000 OB. GHC1400 OC CHCS00 D. GHCO

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

If the unrealized profit of sales from parent to a subsidiary is GHC2,000 and NCI in the subsidiary has 30% share interest,
what amount of the unrealized profit is chargeable to the group's retained earnings?
DA GHC2.000
B. GHC1400
OC GHC600
D. GHCO

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