BAO5525 Financial Accounting: Consolidated Financial Statement
VerifiedAdded on  2023/06/15
|9
|1254
|246
Report
AI Summary
This assignment provides a comprehensive analysis of the consolidation of Dandy Ltd and its subsidiary Candy Ltd, as of June 30, 2017. It includes an acquisition analysis, consolidation journal entries, a consolidation worksheet, a consolidated income statement, and a consolidated balance sheet. The acquisition analysis details the fair value adjustments and goodwill calculation. The consolidation journal entries cover business combination valuation, pre-acquisition adjustments, sales and closing inventory transactions between the companies, profit on opening inventory, sale of plant, management fees, dividend payments, and impairment of goodwill. The consolidation worksheet presents the individual and consolidated financial data, while the income statement and balance sheet provide a clear view of the consolidated financial position and performance of Dandy Ltd. The assignment also includes a bibliography of relevant financial accounting resources.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
1 out of 9