1ACCT6005 Company accounting Assessment 3 Part B: video and scriptVideo Presentation and script (8 minutes +/- 10%) (60 marks)Technical accuracy of your presentation = 50 marksPresentation skills (Refer marking Rubric on Blackboard) = 10 marksAssignment instructions:1. Prepare a video presentation to answer the questions in this assignment. Upload yourfile on Blackboard by reading the instructions contained in the following link:https://laureateau.blackboard.com/webapps/blackboard/content/listContentEditable.jsp?content_id=_387629_1&course_id=_4044_12. Prepare and upload your script for your presentation as a PDF file.3. You will be assessed on your technical understanding of each question and also yourpresentation skills. Please refer to the marking rubric. You may use visual aids to support yourpresentation, however you must be seen at all times in front of the camera. Marks will not beawarded if you read directly from your notes. Please introduce yourself and the purpose ofyour presentation. Speak slowly and clearly to address each issue in the case study.Headphones are strictly prohibited and will attract a zero grade.(Continued on next page)2Question 1 (10 marks) (Suggested time approx: 1 minute)Discuss each step you have taken to prepare the acquisition analysis. Include all relevantaccount names, amounts and explanation of calculations.Question 2 (5 marks) (Suggested time approx: 1 minute)Discuss the accounting adjustments required to account for the fair value adjustment ofinventories at acquisition date.Question 3 (5 marks) (Suggested time approx: 1 minute)At acquisition date, Billy Ltd recorded a Dividend payable for $8,000. Discuss how you havetreated this item in the acquisition analysis and the worksheet. Provide an explanation as toyour actions.Question 4 (10 marks) (Suggested time: 2 minutes)Discuss the accounting processes, calculations and consolidation entries you have made for theMachine and all the related accounts.Question 5 (10 marks) (Suggested time approx: 1 minute)Explain the purpose of the ‘Transfer from BCVR’ account and all consolidation entrieswhich you have posted to this account.Question 6 (10 marks) (Suggested time approx: 2 minute)Joel Ltd provided Billy Ltd with a loan for $326,000 on 31 December 2019. Explain theaccounting processes, calculations and consolidation entries you have provided toaccount for the loan and interest.
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