FAC2602 Assignment 2 Semester 1
DOCUMENT PREVIEW PART A Draft the following pro-forma consolidation journal entries of the Daisy Ltd Group for the year ended 28 February 2022, after taking the above-mentioned information into account: a) Elimination of the unrealised profit on the sale of the machine, as well as depreciation associated with the sale of the machine. DR CR R R Profit on sale of machinery - Begonia Ltd (230 000 − 150 000) Machinery - Daisy Ltd 80 000,00 80 000,00
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fac2602 assignment 2 semester 1