... PREVIEW OF CHAPTER 12 Financial Accounting IFRS 3rd Edition Weygandt ● Kimmel ● Kieso 12- 2 CHAPTER 12 Investments LEARNING OBJECTIVES After studying this chapter, you should be able ... Investments Share 120 ,000 Cash Dec 3 1120 ,000 Investments (₤100,000 x 30%) Share 30,000 Revenue from Share Investments Dec 3130,000 (₤40,000 x 30%) 12- 26 Share Investments 12, 000 Cash 12, 000 LO Holdings ... Consolidation) The accounting depends on the extent of the investor’s influence over the operating and financial affairs of the issuing corporation (the Investee) 12- 20 LO Accounting for Share...