On 01 January 2018 at acquisition P Ltd acquired 80% interest in S Ltd. S Ltd had a retained earnings that amount to 250 000 on 01 January 2020 since the acquisition, S Ltd had a retained earnings that  amounted to 375 560. The financial year ends on 31 December 2020 How much will be Non- Controlling interest on retained earning since the acquisition, at the beginning of the year? ( ceteris paribus) Select one: A. 25112 B. 2512 C. 50000 D. 75000

Intermediate Accounting: Reporting And Analysis
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ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
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Chapter13: Investments And Long-term Receivables
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On 01 January 2018 at acquisition P Ltd acquired 80% interest in S Ltd. S Ltd had a retained earnings that amount to 250 000 on 01 January 2020 since the acquisition, S Ltd had a retained earnings that  amounted to 375 560. The financial year ends on 31 December 2020

How much will be Non- Controlling interest on retained earning since the acquisition, at the beginning of the year? ( ceteris paribus)

Select one:

A. 25112

B. 2512

C. 50000

D. 75000

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