Albert Ltd regularly sells goods to its wholly-owned subsidiary company Brooklyn Ltd, which it has owned since Brooklyn Ltd.'s incorporation. The statement of financial position of the two companies on 28th February 2023 is given below. Required: Show the proforma journals for each Which accounting standards influence the preparation of the consolidated accounts for the group? Prepare a consolidated account for the group that ended 28th February 2023. Assets STATEMENT OF FINANCIAL POSITION AS AT 28 FEBRUARY 2028 Non-Current Assets Brookly ALBERT LTD Ltdn Ltd (R) (R) 90,000 60,000 PPE 35,000 60,000 Investments in 55,000 shares in Brooklyn Ltd at cost 55,000 Current Assets 55,000 51,000 Inventory 16,000 27,000 Trade receivable: Brooklyn Ltd 2,000 Bank Total Assets Other 21,000 24,000 16,000 145,000 111,000 Equity and Liability Members' interest and reserves 116,000 69,000 55,000 R1 ordinary shares 85,000 R1 ordinary shares Retained earnings Non-Current Liabilities Current Liabilities Bank overdraft Trade payables: ALBERT LTD Ltd Total Liabilities Total Equity and Liabilities Other 55,000 85,000 31,000 14,000 8,000 2,000 29,000 32,000 29,000 42,000 145,000 111,000