Question $1$

$25$ Marks

On $2$ July $2015,$ H Ltd$.$ purchased the entire issued ordinary share capital of S Ltd$.$ On this date, S Ltd$.$ had a retained income balance of R$4000$ and no general reserve. Any purchase difference is to be attributed to the fixed assets of S Ltd$.$ On $30$ June $2022,$ the trial balances of the two companies were as follows:

$\backslash$table$[[,$H Ltd$.,\backslash$table$[[$S Ltd$.]]],[$Share capital $($R$1$ ordinary shares$),\backslash$table$[[$R$],[40000]],\backslash$table$[[\backslash$table$[[R$