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A Ltd acquired 100% of B Ltd on 1 July 2020. At acquisition date, B...

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Accounting

A Ltd acquired 100% of B Ltd on 1 July 2020. At acquisition date, B Ltd had the following equity items:
Retained Earnings $90000
Share Capital $170000
In the year following the acquisition, B Ltd paid a bonus share dividend of $10000 out of pre-acquisition retained earnings. Determine the related consolidation adjustments on the consolidation worksheet for 30
June 2021?

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