(Use the PFRS for SMEs) On December 31, 2021, Taher Co. acquired 30% of the ordinary shares that carry voting rights of entity B for P100,000. Taher Co. incurred transaction costs of P1,000 in acquiring these shares. Taher Co. has significant influence over entity B. Taher Co. uses the cost model to account for its investments in associates. In January 2022, entity B declared and paid a dividend of P20,000 out of profits earned in 2021. No further dividends were paid in 2022, 2023 or 2024. A published price quotation does not exist for entity B. At December 31, 2021, 2022 and 2023, in accordance with Section 27 Impairment of Assets, management assessed the fair values of its investment in entity B as P102,000, P110,000 and P90,000 respectively. Costs to sell are estimated at P4,000 throughout. Taher Co. measures its investment in entity B on December 31, 2021 at? Taher Co. measures its investment in entity B on December 31, 2022 at? The facts are the same as in the immediately preceding question. However, in this example, a published price quotation exists for entity B. Taher Co. measures its investment in entity B on December 31, 2023 at?
(Use the PFRS for SMEs) On December 31, 2021, Taher Co. acquired 30% of the ordinary shares that carry voting rights of entity B for P100,000. Taher Co. incurred transaction costs of P1,000 in acquiring these shares. Taher Co. has significant influence over entity B. Taher Co. uses the cost model to account for its investments in associates. In January 2022, entity B declared and paid a dividend of P20,000 out of profits earned in 2021. No further dividends were paid in 2022, 2023 or 2024. A published price quotation does not exist for entity B. At December 31, 2021, 2022 and 2023, in accordance with Section 27 Impairment of Assets, management assessed the fair values of its investment in entity B as P102,000, P110,000 and P90,000 respectively. Costs to sell are estimated at P4,000 throughout.
Taher Co. measures its investment in entity B on December 31, 2021 at?
Taher Co. measures its investment in entity B on December 31, 2022 at?
The facts are the same as in the immediately preceding question. However, in this example, a published price quotation exists for entity B. Taher Co. measures its investment in entity B on December 31, 2023 at?
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