Here’s the scenario.
There are 2 companies involved: Company A & B whereas Company A is the Holding Company. The capital of Company B is US$80,000. However, the sum of shareholder’s contribution totaled to US$120,000. The purpose of the excess (120,000-80,000) US$ 40,000 is as a reserve and to be considered as part of the share capital for Holdings (Company A) which was established on a later stage. US$ 40,000 I booked as shareholder’s current account. ??? How do I treat U$40,00 in consolidation?
Establishment date of Company A (Holdings) – June 2009
Eastablishment date of Company B – April 2009

Appreciate your help.