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What is the required treatment of each events

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Question - What is the required treatment of each of the below events in the financial statements? Justify your decisions. On 1 August 20X9, Carey Ltd made an announcement to the Singapore Stock Exchange of its intention to take over a private engineering partnership. This would increase sales revenue of Carey Ltd by 15%. It was to be funded by a 1:10 rights issue.

Reference no: EM133003437

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