Question: Vera Ltd Consolidation Worksheet at 30 June 2020 Vera Ltd Lynn Ltd Adjustments Cr Gmup Profit before tax Income tax ense Profit Retained earnings

Vera Ltd Consolidation Worksheet at 30 June 2020 Vera Ltd Lynn Ltd

Adjustments Cr Gmup Profit before tax Income tax ense Profit Retained earnings

(1/7/19) Transfer from BCVR Transfer to general reserve Retained earnin s 30/6/20

Vera Ltd Consolidation Worksheet at 30 June 2020 Vera Ltd Lynn Ltd Adjustments Cr Gmup Profit before tax Income tax ense Profit Retained earnings (1/7/19) Transfer from BCVR Transfer to general reserve Retained earnin s 30/6/20 Share capital BCVR General reserve Asset revaluation surplus (1/7/19) Gams Asset revaluation surplus (30,620) Liabiliti es Plant & machine Accunl_ depreciation Invent Shares in Lynn Ltd s 130000 66 ooo 64 ooo soooo 144 000 s 130000 144000 360 10000 ooo 13500 sooo 532500 42 573 ooo 160000 360 ooo (110 000) ooo 1100 ooo s 13500 5200 s 300 36 ooo 44 300 s 13 (3 000) 41300 54 ooo 3 ooo 98300 18000 2 ooo 20000 118300 13000 131300 20 ooo 125 600 (33 000) 18700 131300

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