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  • Acquisition Analysis

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    Sagitarius Sagitaria
    5 views1 page
    exercise

    Original Title

    10.3 CH (1)

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    exercise

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    5 views1 page

    Acquisition Analysis

    Uploaded by

    Sagitarius Sagitaria
    exercise

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 1

    1.

    Acquisition analysis

    Net fair value of identifiable assets

    Share capital 150000


    Reserve 40000
    RE 60000
    (less) Goodwill -5000
    Total $245,000.00

    Net consideration transferrd

    Consideration 263000
    (Less) Dividend -10000
    Net consideration transferred
    253000

    Goodwill $ 8,000.00

    (Less) Record -5000

    Unrecorded Goodwill
    $ 3,000.00

    2. Consolidation Worksheet Entries on 1 January 2020

    Goodwill 3000
    Business Combination Val 3000

    Share capital 150000


    Reserve 40000
    RE 60000
    BCVR 3000
    Share in Leslie Ltd 253000

    Dividend paya 10000


    Dividend receivable 10000

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