ACCT6005 Antara Ltd Analysis Assignment Sample


Company Accounting - Part A (a) Journal entries for initial recognition of investment for Antara Ltd at 30 June 2020 – Investment in Blanca ltd account dr $198000 To Cash account $198000 (Being investment of 25% is made in Blanca ltd. for cash and it includes goodwill also) Journal entries for subsequent recognition of investment for Antara Ltd at 30 June 2020 – Inventory dr 126000 Land dr 162000 Equi…

ACCT6005 Blanca Ltd. Analysis Assignment Sample


Company Accounting a) There are different types of business relationship between different companies, like Joint Ventures, Associates, Parent and subsidiary, Partner Company, Group Company etc. An associate company is in which the other company has the significant influence, though they are not in the controlling position but it can affect and impact the decisions of the company. As per case study given , Antara has acquired 25% of shares i…

ACCT6005 Flexibility in Cash-Flow Classification Assignment Sample


Table of Contents Answer to Part A.. a) b) Answer to Part B.. Introduction. Discussion. Conclusion. Bibliography. Company Accounting - Answer to Part A Acquisition Analysis Net fair value of identifiable assets and liabilities of Blanca Ltd Particulars Details Amount($) Equity Fund:    …

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