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Help required Urgently AQ2016 - Q6. AAT assessment- consolidated accounts

All,

I am struggling to calculate net assets and NCI's when calculating good will.

Comments

  • hal978hal978 LondonMAAT, AAT Licensed Accountant Posts: 194
    SA1:
    Net Assets acquired = £240k + £20k + £100k = £360k
    NCI on acquisition = £360k x 20% = £72k

    SA2:
    Net Assets acquired = £900k + £60k = £960k
    NCI on acquisition = £960k x 30% = £288k
  • VeeVee Registered Posts: 3
    Thank you
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