Draw up a consolidated balance sheet from the balance sheets of Parental Ltd and Sibling Ltd that
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Draw up a consolidated balance sheet from the balance sheets of Parental Ltd and Sibling Ltd that were drafted immediately after the shares in S Ltd were acquired by P Ltd.
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Parental Balance Sheet Investment in Sibling Ltd: 180,000 Ordinary £1 shares Fixed assets Stock Debtors Bank Share capital - Ordinary shares of 50p each £ 120,000 60,000 14,000 37,000 4,000 235,000 235,000 235,000
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Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9780273693109
10th Edition
Authors: Frank Wood, Alan Sangster
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