Alpha plc incorporated Beta plc on 1 January 2012, investing 150 and recording, in the books of
Question:
Alpha plc incorporated Beta plc on 1 January 2012, investing £150 and recording, in the books of Beta, £100 as share capital and the remainder as share premium. The Statements of financial position of both companies have been prepared as shown.
Required:
The Consolidated Statement of financial position of the Alpha group as at 31 December 2012.
Transcribed Image Text:
Statements of financial position as at 31 December 2012 Alpha £ 400 150 150 Non-current assets Investments Current assets Share capital Share premium account Reserves 700 ليا 400 80 220 700 Beta £ 120 60 180 ليا 100 50 30 180
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Related Book For
Financial Accounting An Introduction
ISBN: 9780273737650
2nd Edition
Authors: Mr Barry Elliott, Mr Augustine Benedict
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