2. The following are financial statements of Burss und Forex at their financial year end of 2018 Bursa Forex (RM000) RM000) Non-current assets Building (cost) 500.000 150,000 Goodwill patent) 50.000 Current assets Trade receivables 229.000 135,000 Bank 235.000 155.000 Totul assets 1,007,000 400,000 Shareholders equity Ordinary shares of RM2 each 300.000 100.000 Share premium 75.000 15.000 Retained profits 177.00 20.000 Llabilities 10% Debentures 150.000 8% Debentures 300,000 Trade payables 155,000 155,000 Total equity and liabilities 1,007,000 440,000 On 1 January 2019, Bursa acquired Forex's assets and liabilities. The following terms were prepared between them: Bursa agreed to issue 200 million ordinary shares to Forex (the fair value of shares of Bursa during the acquisition was IM 1.50). RM150.000 8% debentures In Burs to discharge the 10% debentures of Forex at a premium of 20% Following that. Forex will be liquidated at the following fair values tangible assets at RM250 million, current assets at RM360 million, and current liabilities at RM20 million. Required () Close the books of Forex (show ledger entries) (b) Record the above transactions in the books of Bursa (show ledger entries) (c) Prepare the Statement of Financial Position of Bursa subsequent to the above transactions 2. The following are financial statements of Burss und Forex at their financial year end of 2018 Bursa Forex (RM000) RM000) Non-current assets Building (cost) 500.000 150,000 Goodwill patent) 50.000 Current assets Trade receivables 229.000 135,000 Bank 235.000 155.000 Totul assets 1,007,000 400,000 Shareholders equity Ordinary shares of RM2 each 300.000 100.000 Share premium 75.000 15.000 Retained profits 177.00 20.000 Llabilities 10% Debentures 150.000 8% Debentures 300,000 Trade payables 155,000 155,000 Total equity and liabilities 1,007,000 440,000 On 1 January 2019, Bursa acquired Forex's assets and liabilities. The following terms were prepared between them: Bursa agreed to issue 200 million ordinary shares to Forex (the fair value of shares of Bursa during the acquisition was IM 1.50). RM150.000 8% debentures In Burs to discharge the 10% debentures of Forex at a premium of 20% Following that. Forex will be liquidated at the following fair values tangible assets at RM250 million, current assets at RM360 million, and current liabilities at RM20 million. Required () Close the books of Forex (show ledger entries) (b) Record the above transactions in the books of Bursa (show ledger entries) (c) Prepare the Statement of Financial Position of Bursa subsequent to the above transactions