Stag Ltd is an investment company making up its accounts to 31 December in each year. The following transactions have been extracted from the company's records for \(19 \mathrm{X} 9\).

1 January Purchased 1,000 ordinary shares of \(£ 0.25\) each in Bull Ltd at \(£ 1.75\) per share.

12 February Purchased \(£ 2,000\) ordinary stock in Bear Ltd for \(£ 1,500\).

1 March Received dividend of 20 per cent on shares in Bull Ltd.

24 April Bull Ltd made a bonus issue of one share for every four held.

2 May Received dividend of \(21 / 2\) per cent on ordinary stock in Bear Ltd.

10 May Bull Ltd announced a rights issue of two ordinary shares for every five held on that date, at \(£ 1.25\) per share. Rights sold on market for \(£ 0.5\) per share.

1 August Applied for \(£ 5,00071 / 4\) per cent loan stock in Bear Ltd issued at \(£ 98\) per cent, and payable half on application and the balance in two equal instalments on 1 October and 1 December. The application was successful.

16 September Received dividend of 30 per cent on shares in Bull Ltd.

1 October Paid instalment on loan stock in Bear Ltd.

20 November Received dividend of 3 per cent on ordinary stock in Bear Ltd.

1 December Paid final instalment on loan stock in Bear Ltd.

Required Write up the accounts for the investments in Bull Ltd and Bear Ltd as they would appear in the books of Stag Ltd for the year ended 31 December 19X9, bringing down the balances as on that date.

Ignore stamp duty, brokerage and taxation.