Hi Guys,
While preparing the consolidated balance sheet using the acquisition method, why the retained earnings part of the target company is not combined with that of acquirer’s retained earnings?
Thanks.
Because the balance sheet won’t balance.
Hi Guys,
While preparing the consolidated balance sheet using the acquisition method, why the retained earnings part of the target company is not combined with that of acquirer’s retained earnings?
Thanks.
Because the balance sheet won’t balance.