Question: pun Instruction for this question Answer this question in an excel word file and upload the file when completed. Name your file in your last

 pun Instruction for this question Answer this question in an excel
word file and upload the file when completed. Name your file in

pun Instruction for this question Answer this question in an excel word file and upload the file when completed. Name your file in your last name and studenti Dipkar Ltd acquired 30% of the issued ordinary shares of Lamim Led for $130,000 on 2020. The equity of Lim at that date was as follows 5 Ordinary shares 250.000 Retained carings 130.000 At acquisition date, all identifiable assets and abilities of Lamrim Ltd were recorded at fair value except for invertory, which had a tale value that was $10.000 greater than les con This inventory was all sold by 30 June 2021 At 30 June 2021, Dipkar led had inventories on hand which had been purchased from Lamim Lad for $20,000 Lauri Lid had recognised a profit before tax of 15.000 on the sales At 30 June 2021, LarimLtd had inventories on hand which had been purchased from Oikar Lid for 322,000. Dipkar Lid had recognised a profit bedre tax of $2.000 on these are For the year ended 30 June 2021, the income and changes in equity of Lanvin Ltd are as fotos $ Profit before income tax Income tax expense Profit attor income tax Retained camnings at 1 y 2020 220,000 140.000 180.000 65.000 245.000 245.000 Dividends paid (20.000) Dividends declared 116.000 Retained earnings at 30 June 2021 209.000 Additional information . All dividends are paid/declared out of the current year profit Diptar Ltd recognises dividends as revenue when they are declared by the investee The tax rate is 30. Required: 1 Prepare an acquisition analysis in relation to the acquisition made by Dipkar Lid. (3 marks) Calculate Dipkar Lid's share of Lameim Lid's post-acquisition profit for the year ended 30 June 2021. (5 marks) Prepare the equity journal entries to account for Dipkar Led's investment in Lamim Lid for the year ended 30 June 2021. assuming that Dipar Ltd prepares consolidated financial statements. [2 marks) Marking guide: Max, marks allocated Acquisition analysis Calculation of share of post-acquisition profit Journal ons 5 2 Total 10 A pun Instruction for this question Answer this question in an excel word file and upload the file when completed. Name your file in your last name and studenti Dipkar Ltd acquired 30% of the issued ordinary shares of Lamim Led for $130,000 on 2020. The equity of Lim at that date was as follows 5 Ordinary shares 250.000 Retained carings 130.000 At acquisition date, all identifiable assets and abilities of Lamrim Ltd were recorded at fair value except for invertory, which had a tale value that was $10.000 greater than les con This inventory was all sold by 30 June 2021 At 30 June 2021, Dipkar led had inventories on hand which had been purchased from Lamim Lad for $20,000 Lauri Lid had recognised a profit before tax of 15.000 on the sales At 30 June 2021, LarimLtd had inventories on hand which had been purchased from Oikar Lid for 322,000. Dipkar Lid had recognised a profit bedre tax of $2.000 on these are For the year ended 30 June 2021, the income and changes in equity of Lanvin Ltd are as fotos $ Profit before income tax Income tax expense Profit attor income tax Retained camnings at 1 y 2020 220,000 140.000 180.000 65.000 245.000 245.000 Dividends paid (20.000) Dividends declared 116.000 Retained earnings at 30 June 2021 209.000 Additional information . All dividends are paid/declared out of the current year profit Diptar Ltd recognises dividends as revenue when they are declared by the investee The tax rate is 30. Required: 1 Prepare an acquisition analysis in relation to the acquisition made by Dipkar Lid. (3 marks) Calculate Dipkar Lid's share of Lameim Lid's post-acquisition profit for the year ended 30 June 2021. (5 marks) Prepare the equity journal entries to account for Dipkar Led's investment in Lamim Lid for the year ended 30 June 2021. assuming that Dipar Ltd prepares consolidated financial statements. [2 marks) Marking guide: Max, marks allocated Acquisition analysis Calculation of share of post-acquisition profit Journal ons 5 2 Total 10 A

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