B Wrap Text O-A 333 Merge & Center * Clipboard Genera Z Font A47 12 $ Alignment f Assume that profits have accrued evenly over the year to Decem 19 Nu A B C D E F G H 1 31 Non-current assets 32 Property, plant and equipment 30,000 4 33 Current assets 43,000 34 TOTAL ASSETS 73,000 35 36 Equity and Liabilities 37 Equity 38 20,000 ordinary shares of 50c each 10,000 39 Revaluation surplus 4,000 40 Retained earnings 39,000 41 53,000 42 Current Liabilities 20,000 43 TOTAL EQUITY AND LIABILITIES 73,000 44 45 Required 46 Prepare the consolidated statement of financial position of Hinge Coat December 31, 2005. 47 Assume that profits have accrued evenly over the year to December 31, 2005 48 49 50 ANSWER B Wrap Text O-A 333 Merge & Center * Clipboard Genera Z Font A47 12 $ Alignment f Assume that profits have accrued evenly over the year to Decem 19 Nu A B C D E F G H 1 31 Non-current assets 32 Property, plant and equipment 30,000 4 33 Current assets 43,000 34 TOTAL ASSETS 73,000 35 36 Equity and Liabilities 37 Equity 38 20,000 ordinary shares of 50c each 10,000 39 Revaluation surplus 4,000 40 Retained earnings 39,000 41 53,000 42 Current Liabilities 20,000 43 TOTAL EQUITY AND LIABILITIES 73,000 44 45 Required 46 Prepare the consolidated statement of financial position of Hinge Coat December 31, 2005. 47 Assume that profits have accrued evenly over the year to December 31, 2005 48 49 50