Tree Ltd presented the following
analysis of equity for preparation of group consolidated financial statements
with Leaf Ltd on 30 July 2024.
The analysis indicates that______________________

Question

Tree Ltd presented the following
analysis of equity for preparation of group consolidated financial statements
with Leaf Ltd on 30 July 2024.   
  The analysis indicates that______________________

Answer

Non-controlling owners generated goodwill from their investments in Leaf Ltd

Answer

Non-controlling
owners is a normal investment in Leaf Ltd, will not share in the profit of the
company

Answer

Goodwill
of R10 000 is allocated to Tree Ltd at acquisition date and subsequently
split with NCI

Answer

Goodwill
of R10 000 is attributable to the controlling owner of Leaf Ltd

	Total	Tree Ltd 60%	Non-controlling Interests (NCI)
At	Since acquisition
Share capital	140 000	84 000		56 000
Retained earnings	60 000	36 000		24 000
equity presented by Goodwill	200 000 10 000	120 000 10 000		80 000 -
Consideration paid	210 000	130 000		80 000

Crowdly

Tree Ltd presented the following analysis of equity for preparation of group co...

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