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-   -   What are the journal entries in consolidation of a former associate now subsidiary (https://www.askmehelpdesk.com/showthread.php?t=150093)

  • Nov 8, 2007, 10:47 PM
    jnyutu
    What are the journal entries in consolidation of a former associate now subsidiary
    The holding company had 41.6% shareholding in company K and 3 months into the financial year, acquired the remaining 58.4%. How do I account for negative goodwill and what are the netting off entries on consolidation?

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