Semester 2 2019 ACCT2201 Project: Company Accounting Analysis
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AI Summary
This comprehensive company accounting project analyzes the acquisition of Duck Ltd by Donald Ltd, providing detailed financial statements and consolidation entries. The project begins with an acquisition analysis at July 1, 2013, calculating goodwill and BCVR entries. It then presents BCVR and pre-acquisition entries for July 1, 2013, and June 30, 2017. The solution includes consolidation worksheet journal entries and a consolidation worksheet. The project culminates in a consolidated income statement and a consolidated balance sheet as of June 30, 2017. The solution addresses various accounting adjustments, including unrealized profit on inventory, intercompany transactions, and deferred tax liabilities. The provided solution includes all necessary calculations, journal entries, and financial statements required for the project.
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