Inorder yo calculate profit and loss under current method 1st we calculate asset then liability @current rate and remaining is equity .out of which equity is calculated @historical cost and remaining is retain earning. In this question assets are 1445(1700*.85) and liability 255(300*.85) remaining is equity i.e 1190 out of which equity share is 1001 and remaining is retain earning 189 . Now net profit is a part of retain earning i.e 100*80=80 and remaining is profit =109. My doubt is we doesn’t have to consider retain earning of the subsidiary i.e 100 in this case
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