Pre-acquisition profit in subsidiary company is considered as:

CS Executive · Corporate and Management Accounting · PYQS · June 2021
Pre-acquisition profit in subsidiary company is considered as:
(A) Revenue Profit
(B) Capital Profit
(C) Goodwill
(D) Cost of control

Answer & Explanation:

Correct Answer: Option (B)

Official answer key: (B).

Topics: Corporate Accounting

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