Calculate goodwill and on date of acquisition

Assignment Help Financial Accounting

Reference no: EM132475338

Required:

Question 1. Prepare all tables necessary in order to prepare a consolidated income statement and required:

calculate selected balance sheet amounts. The following tables are suggested, but not

a. Calculation 2a, goodwill, on date of acquisition

b. Calculation 2b, ADA and goodwill impairment table up to and including 2016

c. Calculation 3, unrealized profit in intercompany inventory sales

d. Calculation 4, unrealized profit in intercompany sale of depreciable assets

e. Calculation 5, consolidated net income

f. Calculation 7, NCI - Balance Sheet

Question 2. Prepare a Consolidated Income Statement for 2016.

Calculate the following consolidated account balances on December 31, 2016. Show all your calculations.

a . Accounts receivable

b. Plant and equipment, net

C. Inventory

d. Deferred income tax

e. NCI Balance Sheet

TRU Open Learning

Attachment:- goodwill.rar

Reference no: EM132475338

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