5 On 1 July 2021, Big Ltd acquired 80% of the issued shares of Ben Ltd for $250,000. At acquisition date all identifiable assets and liabilities were recorded at amour equity of Ben Ltd on the date was: Share capital $100,000 and Retained earnings $70,000. The fair value of the non-controlling interest was $50,000 Required: (a) Calculate goodwill on acquisition, assuming the full goodwill method. (4 marks) (b) Prepare the consolidated worksheet entries at 1 July 2021. Ignore narrations. (11 marks) (c) Discuss 3 differences between the full goodwill and partial goodwill methods. (3 marks) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph V Open Sans.sa... 10pt ve and Submit to save and submit. Click Save All Answers to save all answers. hp