Answer this question... as soon as possible.... with proper calculations and method

Being a junior member of Tabasum and Co, Pass the relevant journal and adjusting entries and draft the relevant t-accounts for two years to solve the problem of directors. And also explain under provision and over provision concept to directors. (5 Marks) Long Question x 1 (10 Marks) Qari Itd acquired an 70% holding in Hamza Ltd on 1 January 2020. Qari Itd is a multinational and presents its financial statements in Dollars. At this date Hamza Ltd retained earnings stood at $11,000.On this date, the fair value of the 30% non-controlling shareholding in Hamza Ltd was $8,000. During the year, Hamza Itd earned a profit of 20000 $. The statements of financial position of Qari ltd and Hamza Itd as at 31 December 2020 are as follows: $ $ 85,000 24,000 Noncurrent assets: Property, plant & equipment Investments: Shares in Hamza ltd 60,000 145,000 Current assets: Inventory Receivables 60,000 100,000 24,000 60,000 305,000 108,000 Equity: Ordinary $1 shares Share premium Retained earnings 65.000 35,000 70,000 20,000 10,000 ? 170,000 135,000 ? 47,000 Current liabilities 305,000 ? At acquisition the fair value of Hamza Itd plant exceeded its book value by $9,000. Furthermore Qari Ltd sold goods to Hamza Itd costing 10000$ on credit (which was still not settled till end of year) by eaming a profit margin of 20% while 1/3 of inventory is still unsold. Required: Calculate and Draft the followings: 1. Net assets of subsidiary 2. Goodwill 3. Non-controlling Interest 4. Group retained earnings 5. Adjustment for Unrealized Profits 6. Consolidated statement of Financial Position as on 31 December 2020 (2Marks) (2Marks) (1Marks) (1Marks) (1Marks) (3Marks)