Hlayisani Ltd acquired 60% of the voting shares of the Mashele Ltd on 31 January 2014 for R65 000 when the items ofequity in the books of Mashele Ltd on that date were retained income of R45 000, revaluation surplus of R10 000 andshare capital of R58 000. Calculate the portion of minority shareholders if any. Select one: a. R45 200 b. R27 200 c. R67 800 d. R41 200
Hlayisani Ltd acquired 60% of the voting shares of the Mashele Ltd on 31 January 2014 for R65 000 when the items ofequity in the books of Mashele Ltd on that date were retained income of R45 000, revaluation surplus of R10 000 andshare capital of R58 000. Calculate the portion of minority shareholders if any. Select one: a. R45 200 b. R27 200 c. R67 800 d. R41 200
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Hlayisani Ltd acquired 60% of the voting shares of the Mashele Ltd on 31 January 2014 for R65 000 when the items ofequity in the books of Mashele Ltd on that date were retained income of R45 000, revaluation surplus of R10 000 andshare capital of R58 000. Calculate the portion of minority shareholders if any.
Select one:
a.
R45 200
b.
R27 200
c.
R67 800
d.
R41 200
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