Question 3 4)| Recording to MFRS 3 Business Combinatron , fF a company acquire at least half of SO% ~of _annther ampany their elahioashap will Fe classified us parent and adbsidiany. On| Sanary 20%, Kendall Ghd (sa company subsidiany of Hendrik hd _since + sttistied the condo where Hendrick Bh acguiced 80 pureed of Wendall has share However, dhe parent company 1s _aeeded fy calculate the gooduall of its subsidiary on the dake _of the aquisition os H qualtees as sabsrtcan . The goodwill needed to be accounted as an asset im the consohidiled finanaal slatemen{ inslead of sepecark finanaa| slaterent of +he_ patent. Tn order fo calculuTe ‘hy goodwill, dhe consideration drunstered anourltd @MI%000000 must be qdded with NOn= Controlling Tnferest of @M S.200000 . Ths is a parka) gpoduill since Hendrick Bhd measured ifs Wlon—Controllng interest at the aie vale of net asset on \ Saowary DOS where TH anseks arkinary share “capil (er 1s000000) , relained profit Cen 7000000) enera) _eseeve CHM 2800000 ) and lastly fate valve of adjistmend on land (RM \so000)) . Hewe, L4he_gastwll amounted bm 6400 000 “willbe presented in. Consilidated: Sialement of Financial Postion under, the Non=Cunemt Asset of Hinde Bhd. ' \ QM Cirillion) — [QM (orillion) a Consideration Transter (80% x 3/2 x1.Sx15) Non ~ Controlling Tnetest (20% * 26 ) 5.2 Fie Value’ of Wel Asset OSC (sx BMI), ‘Ss Retained Profit 3 Genera| Reserve 2S 4 FV-Land \.$ 28) 62 QOOOWILL