The balance sheets of Pops Ltd and Sons Ltd are as follows: Pops Ltd Balance Sheet as
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The balance sheets of Pops Ltd and Sons Ltd are as follows:
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Pops Ltd Balance Sheet as at 31 December 20X8 Investment in subsidiary: 195,000 shares bought 31.12.20X7 Fixed assets Current assets Share capital Profit and loss: As at 31.12.20X7 Add Profit for 20X8 4 72,000 40,000 £ 380,000 240,000 92,000 712,000 600,000 112,000 712,000
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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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