Is there a journal entry the acquirer is required to make for the NCI portion? I am studying for BAR and the CPA blueprint says (in relation to business combination, not consolidation).. "Prepare JEs to record the identifiable net assets acquired in a business combination that includes a noncontrolling interest.'
This lectures is designed for FAR. Go to my BAR courses to access BAR material: farhatlectures.com/courses/?current_page=1&search=&type=all&order=desc&orderby=alphabetical&filter-categories=bar-cpa-exam&filter-instructors=all&request_url=https%3A%2F%2Ffarhatlectures.com%2Fcourses%2F
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Is there a journal entry the acquirer is required to make for the NCI portion? I am studying for BAR and the CPA blueprint says (in relation to business combination, not consolidation).. "Prepare JEs to record the identifiable net assets acquired in a business combination that includes a noncontrolling interest.'
This lectures is designed for FAR. Go to my BAR courses to access BAR material: farhatlectures.com/courses/?current_page=1&search=&type=all&order=desc&orderby=alphabetical&filter-categories=bar-cpa-exam&filter-instructors=all&request_url=https%3A%2F%2Ffarhatlectures.com%2Fcourses%2F