How should the difference be accounted for, Financial Accounting

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How should the difference be accounted for

Problem

D Ltd acquired 75% of the share capital of E Ltd at a premium of $2 per share. The face value of the shares is $1D per share and the total share capital is $1 million. In the financial records of the parent company, the investment in the subsidiary company is recorded at $903 000 while in the financial records of the subsidiary companyI ?5% of the equity is recorded at WED D00. How should the difference be accounted for?

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Financial Accounting: How should the difference be accounted for

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Financial Accounting: How should the difference be accounted for

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