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 $198000
(Being investment of 25% is made in Blanca ltd. for cash and it includes goodwill also)
Journal entries for subsequent recognition of investment for Antara Ltd at 30 June 2020 –
Inventory dr 126000
Land dr 162000
Equi…
Company Accounting
a) There are different types of business relationship between different companies, like Joint Ventures, Associates, Parent and subsidiary, Partner Company, Group Company etc. An associate company is in which the other company has the significant influence, though they are not in the controlling position but it can affect and impact the decisions of the company.
As per case study given , Antara has acquired 25% of shares i…
Table of Contents
Answer to Part A..
a)
b)
Answer to Part B..
Introduction.
Discussion.
Conclusion.
Bibliography.
Company Accounting - Answer to Part A
Acquisition Analysis
Net fair value of identifiable assets and liabilities of Blanca Ltd
Particulars
Details
Amount($)
Equity Fund:
 …
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