A P Ltd acquires all the shares in Ltd and then the following balance sheets are drawn up You are to draw up a consolidated balance sheet Investment in S Ltd Fixed assets Stock Debtors Bank Share capital Fixed assets Stock Debtors Bank Share capital P Balance Sheet 29,000 5,000 4,000 3,000 1,000 42...

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A P Ltd acquires all the shares in Ltd and then the following balance sheets are

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A P Ltd acquires all the shares in § Ltd and then the following balance sheets are drawn up.

You are to draw up a consolidated balance sheet. image text in transcribed

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ISE Business Accounting

ISBN: 9780273638407

8th Edition

Authors: Frank Wood, Alan Sangster

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Question Posted: May 23, 2024 02:00 AM

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A P Ltd acquires all the shares in Ltd and then the following balance sheets are

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Investment in S Ltd Fixed assets Stock Debtors Bank Share capital Fixed assets Stock Debtors Bank Share capital P Balance Sheet 29,000 5,000 4,000 3,000 1,000 42,000 42,000 42,000 S Balance Sheet 12,000 6,000 4,000 2,000 24,000 24,000 24,000

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