effects. Required: (a) Complete the worksheet below using the partial goodwill method with the NCI measured at the proportionate share of the acquiree's identifiable net assets. (5 marks) Darling Ltd Murray Ltd 30% NCI Elimination of Investment in Darling Ltd (S) $,000 (70% of Darling) $,000 (P) $,000 Fair Value of consideration transferred Less: FV of identifiable assets acquired & liabilities assumed Share capital on acquisition date 60,000 General reserve-acquisition date 20,000 Retained earnings-acquisition date 10,000 Fair value adjustment Goodwill on acquisition Non-controlling interest (b) Prepare the consolidation adjustments and eliminations entries and recognise the NCI in the pre-acquisition equity of Darling Lid, using the partial goodwill method with the NCI measured at the proportionate share of the acquiree's identifiable net assets. (6 marks)