298 Chapter 8 Additional information: Tha rarictered capital of Colour Bhd consists of preference shares and ordinary shares- All of the abovementioned shares were fully paid up. Required: i. Determine what a holder of 100 preference shares and a holder of 500 ordinary shares of Blue would receive on liquidation. ii. Prepare the journal entries to close the books of Blue and open the books of Colour Bhd. ii. Prepare the statement of financial position of Colour Bhd immediately after the amalgamation. 298 Chapter 8 Additional information: Tha rarictered capital of Colour Bhd consists of preference shares and ordinary shares- All of the abovementioned shares were fully paid up. Required: i. Determine what a holder of 100 preference shares and a holder of 500 ordinary shares of Blue would receive on liquidation. ii. Prepare the journal entries to close the books of Blue and open the books of Colour Bhd. ii. Prepare the statement of financial position of Colour Bhd immediately after the amalgamation