Can capital reserve and goodwill both be shown at a time in consolidated balance sheet if they pertain to two different subsidiaries??
2 Replies
Padmanabhan
(Student)
(1321 Points)
Replied 09 June 2020
You can't offset the capital reserve and goodwill of two different subsidiaries.
yasaswi gomes
(My grammar is 💯 good I)
(7290 Points)
Replied 09 June 2020
Parent consolidated statements will show them both as reserves and goodwill for any number of subsidiaries.
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