4 Given below are the statement of financial position of Zack Bhd and Yasmin Bhd as at 31 December 2020. (Diberi di bawah adalah penyata kedudukan kewangan Zack Bhd dan Yasmin Bhd pada 31 Disember 2020.) Land and building (Tanah dan bangunan) Plant and machinery (Loji dan mesin) Goodwill (Muhibah) Inventories (Inventori) Trade receivables (Penghutang niaga) Zack Yasmin RM RM 250,000 150,000 100,000 80,000 50,000 20,000 50,000 50,000 80,000 40,000 40,000 50,000 570,000 390,000 Bank Ordinary shares of RM1 each (Saham biasa RM1 setiap satu) 400,000 200,000 Share premium (Premium saham) Retained earnings (Pendapatan tertahan) 10% Debentures (Debentur) Trade payables (Pemiutang niaga) 50,000 10,000 100,000 50,000 100,000 20,000 30,000 570,000 390,000 Additional Information: (Maklumat tambahan:) 1. It was agreed that Zack will acquire all assets (except cash at bank) and liabilities of Yasmin as at 31 December 2020. (lanya telah dipersetujui Zack akan memiliki semua aset (kecuali bank) dan liabiliti Yasmin pada 31 Disember 2020.) 2. The purchase consideration consist of: (Balasan bagi pembelian terdiri daripada:) a. 300,000 ordinary shares of RM1 each in Zack valued at RM1.25 per share. (300,000 unit saham biasa RM1 setiap satu dalam Zack yang bernilai RM1.25 sesaham.) b. RM120,000 8% debentures in Zack to discharge 10% debentures of Yasmin at a premium of 20%. (RM120,000 8% debentur dalam Zack bagi melangsaikan 10% debentur dalam Yasmin pada premium 20%.) 3. The fair value of the assets of Yasmin were: (Nilai adil aset Yasmin adalah:) Land and building (Tanah dan bangunan) Plant and machinery (Loji dan mesin) Inventories (Inventori) Trade receivables (Penghutang niaga) 350,00 50,000 50,000 40,000 4. Zack has agreed to pay the liquidation expenses of Yasmin which amount to RM12,000. (Zack bersetuju untuk membayar belanja pembubaran Yasmin yang bernilai RM12,000.) Required: (Dikehendaki:) a. Close the book of Yasmin by means of ledger entries. (Tutup buku Yasmin dengan menggunakan kemasukan lejar.) (7 m) b. Record the above transactions in the book of Zack by means of journal entries. (Rekod transaksi-transaksi di atas dalam buku Zack dengan menggunakan catatan jurnal.) (8 m) c. Prepare the statement of financial position of Zack immediately after the absorption of Yasmin. (Sediakan penyata kedudukan kewangan Zack sejurus Yasmin diserap.) (10 m)