Homework answers / question archive / Question 11 Not yet answered Marked out of 2 p Flag question H paid €32,000 to acquire an 80% interest (4,000 €1 shares) in the ordinary share capital of S on 1 January 20x1, when the reserves of Hands were €30,000 and €10,000 respectively

Question 11 Not yet answered Marked out of 2 p Flag question H paid €32,000 to acquire an 80% interest (4,000 €1 shares) in the ordinary share capital of S on 1 January 20x1, when the reserves of Hands were €30,000 and €10,000 respectively

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Question 11 Not yet answered Marked out of 2 p Flag question H paid €32,000 to acquire an 80% interest (4,000 €1 shares) in the ordinary share capital of S on 1 January 20x1, when the reserves of Hands were €30,000 and €10,000 respectively. At 31 December 20X3, H's reserves were €50,000 and s's reserves were €25,000. The consolidated group reserves as at 31 December 20x3 are: Select one: a. €62,000 O b. 260.000 C, €59,000 O d. 650.000