Prepare a consolidated balance sheet from the following balance sheets of Pa Ltd and Sonny Ltd which
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Prepare a consolidated balance sheet from the following balance sheets of Pa Ltd and Sonny Ltd which were drawn up immediately after Pa Ltd had acquired the share capital of Sonny Ltd.
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Pa Balance Sheet Investment in Sonny Ltd: 25,000 £1 Ordinary shares Fixed assets Stock Debtors Bank Share capital - £1 Ordinary shares £ 20,000 30,000 8,000 4,000 3,000 65,000 65,000 65,000
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Consolidated Balance Sheet As at 20231016 Assets Item Pa Ltd Sonny Ltd Consolidated Cash and bank 30...View the full answer
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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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