Topic: Consolidation Non-controlling Interest Task details: Melissa Ltd purchased all the issued shares of Soren Ltd for $. ...... on 1 July 2020 when the equity of Soren Ltd was as M; Share capital 5 ...... At this date, Soren Ltd had not recorded any goodwill, and all identiable assets and liabilities were recordedat fair value except for the following assets. Further life Account Cost Carrying Amount FaIr value (Years) Inventories ..................................... Contingent ..................................................................... Liability Unrecorded Asset ............................................................. Unrecorded Asset :% of inventory were sold by 30 June 2021 Differences between carrying amounts and fair values are recognized in the consolidation worksheet. Required: 1. Prepare the acquisition analysis at acquisition date. 2. Prepare adjusting journal entries for the consolidation worksheet at acquisition date. 3. Prepare adjusting journal entries for the consolidation worksheet on 30 June 2021. If Melissa Ltd purchased just ...... % of the issued shares of Soren Ltd on 1 July 2020, considering the tax rateof 30%, partial goodwill method is under use and the NCI at acquisition date is measured based on the proportionate share of the identiable assets and liabilities in Soren Ltd