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question below in the picture please Assessment Task 3 - Online Assessment (Week 10) - Google Chrome Ims.latrobe.edu.au/mod/quiz/attempt.php?attempt=10576368&cmid=4317804&page=4#q22 S You are 2020-ACC2CRE(BU-2/C3-2) - CORPORATE REPORTING

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Assessment Task 3 - Online Assessment (Week 10) - Google Chrome Ims.latrobe.edu.au/mod/quiz/attempt.php?attempt=10576368&cmid=4317804&page=4#q22 S You are 2020-ACC2CRE(BU-2/C3-2) - CORPORATE REPORTING Question 21 On 1 January 2019, La Trobe Ltd revalued its land from $200 000 to $400 000. On 1 January 2020, the company subsequently Not yet answered revalued the land to $320 000. Required: Marked out of 2.00 1. Prepare the journal entries required to record the revaluation adjustment for the year ended 30 June 2019. Flag question 2. Prepare the journal entries required to record the revaluation adjustment for the year ended 30 June 2020. i - or BIE S E O U S X 2 X 2 Question 22 ABC Ltd acquired all the issued capital of XYZ Ltd on 1 July 2025 for cash consideration of $1.5 million. The fair value of the net assets of XYZ Lto at that date was $1.2 million as follows: Type here to search O 9

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