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AUSTRALIAN INSTITUTE OP ROCHE DUCATION Vitor Source Help Password Chonge jobtady Plus A ACC 003 Woman (ox Weight My ACCO 20 QUESTION 2 ( MARKS)

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AUSTRALIAN INSTITUTE OP ROCHE DUCATION Vitor Source Help Password Chonge jobtady Plus A ACC 003 Woman (ox Weight My ACCO 20 QUESTION 2 ( MARKS) On July 2020, Altd acquired 90% the issued shores of old for $140 300. At this date the equlty of its consisted of 100 000 share capital and 550 000 retained coming. All the Identifiable assets and liabilities of a Lid were recorded at amounts equal to folt value except for plant for which the carrying amount of 500 000 (net of accumulated depreciation of $40 000) was $3000 toss than the fair value The fair value of the non-controlling interest was 515 600 A Ltd uses the full goodwill method The tax rate is 30% Required Prepare the acquisition analysis on the date of acquisition

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