The Following Information Relates to Questions
on 1 July 20X3

question 10

Multiple Choice

The following information relates to questions
On 1 July 20X3 Alpha Ltd acquired a 25% share of Beta Ltd. At that date the following assets had carrying amounts different to their fair values in Beta's books:
$$\begin{array} { | l | c | l | } \hline \text { Asset } & \begin{array} { c } \text { Carying } \\\text { amount }\end{array} & \text { Fair value } \\\hline \text { Inventory } & \text { €12 000 } & \text { €15 000 } \\\hline \text { Machinery } & \text { €24 DOQ } & \text { €30 000 } \\\hline\end{array}$$
All inventory was sold to third parties by 30 June 20X4. On 1 July 20X3, the machinery had a remaining useful life of 3 years.
The tax rate is 30%.
-The adjustment required to the investment in associate account at 30 June 20X4 in relation to the above assets is:

• A) €875
• B) €1250
• C) €3500
• D) €5000

---

Definitions:

Class Schedule

A planned timetable outlining the specific times and locations for a student's classes throughout an academic term.

Study Immediately

The practice of beginning to review or learn material right after it is introduced, maximizing retention and understanding.

Remember More

Techniques or practices aimed at improving one's ability to recall information or experiences.

Off Track

Deviating from the planned or intended course, often leading to unexpected outcomes or delays.