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A Ltd acquired 1 0 0 % of B Ltd on 1 July 2 0 2 0 . At acquisition date, B Ltd had the

A Ltd acquired

100 %

of B Ltd on

1

July

2020 .

At acquisition date, B Ltd had the following equity items:

Retained Earnings $

90000

Share Capital $

170000

In the year following the acquisition, B Ltd paid a bonus share dividend of $

10000

out of pre

-

acquisition retained earnings. Determine the related consolidation adjustments on the consolidation worksheet for

30

June

2021 ?

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