REQUIRED:

PART A

Draft the following pro$-$forma consolidation journal entries of the Ackermen Ltd Group for

the year ended $31$ March $2023,$ after taking the above$-$mentioned information into

account:

a$)$ Elimination of the unrealised profit on babygrows included in opening and closing

inventory.

b$)$ Elimination of the unrealised profit and depreciation associated with the sale of the

sewing machines.

c$)$ Record the dividend declared to the non$-$controlling interests.

Please note:

Indicate clearly to which company each account refers.

Journal narrations are not required.

Show all calculations and round off all amounts to the nearest Rand.

Ignore the taxation effect on unrealised profits and$/$or losses, capital gains tax and

dividends tax.