Question
1. Acqusition Analysis $ 2. Consolidation Adjustments at 30/6/2020 Dr Cr Revaluation entries Elimination of the Investment in Sub Ltd and recognition of goodwill Elimination
1. Acqusition Analysis $ 2. Consolidation Adjustments at 30/6/2020 Dr Cr Revaluation entries Elimination of the Investment in Sub Ltd and recognition of goodwill Elimination of intra-group sale of inventory and unrealised profit in Sub Ltd Ltd and Restatement of overstated inventory in Chief Ltd Elimination of unrealised profit in openging inventory and its tax effect Profit/Loss on the sale of non-current asset - Plant Adjusting depreciation after the sale of non-current asset - Plant Elimination of intragroup debentures Elimination of intragroup interest on debentures Elimination of final dividend proposed Elimination of interim dividend paid Goodwill Impairment
| 1. Acqusition Analysis | |||
| $ | |||
| 2. Consolidation Adjustments at 30/6/2020 | |||
| Dr | Cr | ||
| Revaluation entries | |||
| Elimination of the Investment in Sub Ltd and recognition of goodwill | |||
| Elimination of intra-group sale of inventory and unrealised profit in Sub Ltd Ltd and Restatement of overstated inventory in Chief Ltd | |||
| Elimination of unrealised profit in openging inventory and its tax effect | |||
| Profit/Loss on the sale of non-current asset - Plant | |||
| Adjusting depreciation after the sale of non-current asset - Plant | |||
| Elimination of intragroup debentures | |||
| Elimination of intragroup interest on debentures | |||
| Elimination of final dividend proposed | |||
| Elimination of interim dividend paid | |||
| Goodwill Impairment | |||
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