in IFRS 3 - Business Combinations by
please guide with reference and double entry.

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by Level 5 Member (29.1k points)
Your question is not so clear to me. The measurement principle (IFRS 3.18–20) is that assets and liabilities that qualify for recognition are measured at their acquisition-date fair values. You need to recognize the inventories in your book at the acquisition date fair value. Sale after the acquisition is recorded as usually.

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