Post by account_disabled on Mar 4, 2024 23:53:31 GMT -6
The Elimination Journal Entries Working Paper Format for Consolidated Elimination Journal Entries illustration of the Consolidated Elimination Journal. source envato Generally, the consolidation worksheet format has main columns, namely account name, trial balance data, elimination journal entries, and also consolidation. For data in the trial balance, a two-column format is given, namely parent company and subsidiary company. Don't forget to input the elimination journal entry information in credit and debit format. Also read: Debit Notes: Functions and How to Make.
Them Example of a Consolidated Elimination Journal Entry Calculation Question In order to better understand the consolidated elimination journal, here is an example question: It is known that the balance sheet data before the merger of PT Whatsapp Number List Parent and PT Subsidiaries in January is as follows: Image-example-journal-elimination- The full ownership calculation of the Parent PT and Subsidiary PT is purchased at book value with the following details: PT Parent bought all the shares from PT Anak for IDR , , . On January , business combination, the fair value of each asset and liability.
PT Anak is the same as the book value presented in the next table. For this reason, PT Parent also acquired all ordinary shares from PT Subsidiary which only has one type of shares outstanding. Thus, the total book value of the shares acquired is equal to the total equity shares of the money obtained by PT Anak, namely IDR , , + IDR , , . The purchase price of IDR , , is the same as the book value of the shares acquired Investment Acquisition Cost = IDR , , Book value: Ordinary Shares – PT. Children = IDR , , Retained Earnings – PT. Children = IDR , , So, the difference between the book value and the acquisition price is IDR (Dr) PT Share Investment. Children Rp. , , (Cr) Cash IDR.
Them Example of a Consolidated Elimination Journal Entry Calculation Question In order to better understand the consolidated elimination journal, here is an example question: It is known that the balance sheet data before the merger of PT Whatsapp Number List Parent and PT Subsidiaries in January is as follows: Image-example-journal-elimination- The full ownership calculation of the Parent PT and Subsidiary PT is purchased at book value with the following details: PT Parent bought all the shares from PT Anak for IDR , , . On January , business combination, the fair value of each asset and liability.
PT Anak is the same as the book value presented in the next table. For this reason, PT Parent also acquired all ordinary shares from PT Subsidiary which only has one type of shares outstanding. Thus, the total book value of the shares acquired is equal to the total equity shares of the money obtained by PT Anak, namely IDR , , + IDR , , . The purchase price of IDR , , is the same as the book value of the shares acquired Investment Acquisition Cost = IDR , , Book value: Ordinary Shares – PT. Children = IDR , , Retained Earnings – PT. Children = IDR , , So, the difference between the book value and the acquisition price is IDR (Dr) PT Share Investment. Children Rp. , , (Cr) Cash IDR.