The following statements of financial position were drawn up immediately after Dad Ltd had acquired control of
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The following statements of financial position were drawn up immediately after Dad Ltd had acquired control of Son Ltd. You are to draw up a consolidated statement of financial position.
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Dad Statement of Financial Position Investment in Son Ltd: 1,600 Ordinary £1 shares Inventory Bank Share capital - £1 Ordinary shares Inventory Bank Son Statement of Financial Position Share capital - £1 Ordinary shares £ 3,600 1,500 900 6,000 6,000 £ 1,200 400 1,600 1,600
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Related Book For
Frank Woods Business Accounting Volume 2
ISBN: 9781292085050
13th Edition
Authors: Frank Wood, Alan Sangster
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