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how the negative goodwill will be treated in financial statemnt ??

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Apr 23 at 15:47:13
Muhammadbilal
Muhammadbilal
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The negative goodwill will always be credit to group retain earning.

According to fair value method the entries would be

Group retain earning : Dr( % of impairment attributable to parent)
NCI : Dr ( % of impairment attributable to NCI )
Goodwill : CR
Apr 19 at 10:56:24
Abdul
Abdul
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