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2. The following are the summarised statements of the financial position of Daffodils Berhad and Camellia Berhad as at 30 June 20X9: Daffodils RM Camellia

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2. The following are the summarised statements of the financial position of Daffodils Berhad and Camellia Berhad as at 30 June 20X9: Daffodils RM Camellia RM 135,000 360,000 300,000 315.000 975.000 210.000 345.000 Assets Non-current assets Tangible Investments Current assets Total assets Equities and Liabilities Ordinary shares of RM1 each Share premium Retained earnings Current liabilities Total equity and liabilities 504,000 36,000 240,000 195.000 975,000 150,000 15,000 75,000 105,000 345.000 Required: Prepare a statement of the consolidated financial position of Daffodils Berhad and its subsidiary, Camellia Berhad at 30 June 20x9 under the assumption that Daffodils Berhad acquired 150,000 shares in Camellia Berhad for RM2 per share on 30 June 20X9. The investment account contains the cost of shares in Camellia Berhad and non-group investments. (Total / Jumlah: 20 )

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