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John LTD CH

The document presents acquisition analyses for three scenarios involving the net fair value of identifiable assets, net consideration transferred, and the calculation of goodwill or gains on bargain purchases. Each scenario details share capital, reserves, retained earnings, and adjustments for goodwill or gains. The analyses include worksheet entries for specific dates reflecting these financial transactions.

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Sagitarius Sagitaria
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45 views3 pages

John LTD CH

The document presents acquisition analyses for three scenarios involving the net fair value of identifiable assets, net consideration transferred, and the calculation of goodwill or gains on bargain purchases. Each scenario details share capital, reserves, retained earnings, and adjustments for goodwill or gains. The analyses include worksheet entries for specific dates reflecting these financial transactions.

Uploaded by

Sagitarius Sagitaria
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd

A. 1.

Acquisition analysis

Net fair value of identifiable assets

Share capital 80000


Reserve 30000
RE 40000
(less) Goodwill 0
Total $150,000.00

Net consideration transferrd

Consideration 153000
(Less) Dividend 0
Net consideration transferred
153000

Goodwill $ 3,000.00

(Less) Record 0

Unrecorded G$ 3,000.00

Consolidation Worksheet Entries on 1 January 2019

1 July 2019 Goodwill 3000


Business Combination Val 3000

1 July 2019 Share capital 80000


Reserve 30000
RE 40000
BCVR 3000
Share in Robert Ltd 153000

1 July 2020 Goodwill 3000


Business Combination Val 3000

1 July 2020 Share capital 80000


Reserve 30000
RE 40000
BCVR 3000
Share in Robert Ltd 153000

B. 1. Acquisition analysis

Net fair value of identifiable assets

Share capital 80000


Reserve 30000
RE 40000
(less) Goodwill 0
Total $150,000.00

Net consideration transferrd

Consideration 148000
(Less) Dividend 0
Net consideration transferred
148000

Goodwill $ (2,000.00)

(Less) Record 0

Unrecorded G $ (2,000.00)
Gain on bargain purchase
$ 2,000.00

Worksheet entries at 1 July 2019

1 July 2019 Share capital 80000


Reserve 30000
RE 40000
Gain on bargain purchase 2000
Share in Robert Ltd 148000

Worksheet entries at 1 July 2020

1 July 2020 Share capital 80000


Reserve 30000
RE (40000-200 38000
Share in Robert Ltd 148000

RE balance - Gain on bargain purchae


C. 1. Acquisition analysis

Net fair value of identifiable assets

Share capital 80000


Reserve 30000
RE 40000
(less) Goodwill -4000
Total $146,000.00

Net consideration transferrd

Consideration 145000
(Less) Dividend 0
Net consideration transferred
145000

Goodwill $ (1,000.00)

(Less) Record 0

Unrecorded G $ (1,000.00)
Gain on bargain purchase
$ 1,000.00

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