In Sunrise Group's consolidation worksheet, the opening balance of Retained Earnings under 'Group' column shows a balance of $90 000. If there is a debit entry of $22 000 in the NCI column, the opening balance of Retained Earnings under 'Parent' column would be:
I made a change to the original question, as the original question is very similar to Q2 of the SPQ.
A) $112 000
B) $100 000
C) $ 68 000
D) $ 56 000.
Correct Answer:
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