When Parental Times Ltd bought the shares of Siblings Ltd it valued the fixed assets at 120,000

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When Parental Times Ltd bought the shares of Siblings Ltd it valued the fixed assets at £120,000 instead of the figure of £90,000 as shown in the balance sheet of Siblings Ltd.

Draw up a consolidated balance sheet as at 31 March 20X5.

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Frank Woods Business Accounting Volume 2

ISBN: 9780273693109

10th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: Sep 10, 2023 06:06 AM

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When Parental Times Ltd bought the shares of Siblings Ltd it valued the fixed assets at 120,000

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Frank Woods Business Accounting Volume 2

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