Consolidated Statement of Financial Position for the year ended 30 September 2019 2013 La Han Goodwie Property, plant and equipment vestment inte Deferred tasut 34 25 101 2014 12:37 2152 939 166 OL 200221 15.42 4 22 32 213110 1253 D 22 16 37 170412 10 1816 11 156,314 52372 12,00 7100 7,428 3034 Bills invece Trade and other receives Aheld for Angus dan trom and companies came tax recoverable 12.771 125 253 34 19 50.272 3. 101 317 100) 2.767 20 10 540 LOUITY AND LIABILITIES 21 100 1.000 Preferencer Surer One L000 15.012 1. 1. 100 1. 6936 60 Norge 1481) DI 14 coded States and For the year ended 30 September 2019 20 2011 IMWOOD 2001 LY IWD 1220 5.189 308,312 20.163 24 1402 Obligation under face Deferred Dared 1.240 1.17 G. 200 2575 9,20 weest bearings Collateral management apreener Obligation under France Trade and others Prowns 24 1. 191 21417 25 Ses 200,200 27 4.000 437 2,3 Pape of Mettered 1 19 19 232 2.925 1010 304 1.377 23405 Bank ads 20,790 115 MB 11,090 The folowing information is also available ajZamleather limited was acquired by Zambeef group of companies 2 years ago. One of its equipment has been reported in the above consolidated statement of financial position at cost of 50,000,000, although its fair value Be the date of acquisition wes K60,000,000. This equipment is depreciated using straight-ine method and has a He span of 10 year with no residue value Required Citing relevant financial reporting standards comment on the appropriateness of measurement of the assets of Zam leather by the group. (4 marks) in Using appropriate journal entries suggest any amendments that should be made to the consolidated statement of financial for both 2018 and 2019 above 18 marks) im State the ledger accounts that will be affected by the above treatment stating whether the affected ledger accounts have been overstated or understated.[6 marks) Consolidated Statement of Financial Position for the year ended 30 September 2019 2013 La Han Goodwie Property, plant and equipment vestment inte Deferred tasut 34 25 101 2014 12:37 2152 939 166 OL 200221 15.42 4 22 32 213110 1253 D 22 16 37 170412 10 1816 11 156,314 52372 12,00 7100 7,428 3034 Bills invece Trade and other receives Aheld for Angus dan trom and companies came tax recoverable 12.771 125 253 34 19 50.272 3. 101 317 100) 2.767 20 10 540 LOUITY AND LIABILITIES 21 100 1.000 Preferencer Surer One L000 15.012 1. 1. 100 1. 6936 60 Norge 1481) DI 14 coded States and For the year ended 30 September 2019 20 2011 IMWOOD 2001 LY IWD 1220 5.189 308,312 20.163 24 1402 Obligation under face Deferred Dared 1.240 1.17 G. 200 2575 9,20 weest bearings Collateral management apreener Obligation under France Trade and others Prowns 24 1. 191 21417 25 Ses 200,200 27 4.000 437 2,3 Pape of Mettered 1 19 19 232 2.925 1010 304 1.377 23405 Bank ads 20,790 115 MB 11,090 The folowing information is also available ajZamleather limited was acquired by Zambeef group of companies 2 years ago. One of its equipment has been reported in the above consolidated statement of financial position at cost of 50,000,000, although its fair value Be the date of acquisition wes K60,000,000. This equipment is depreciated using straight-ine method and has a He span of 10 year with no residue value Required Citing relevant financial reporting standards comment on the appropriateness of measurement of the assets of Zam leather by the group. (4 marks) in Using appropriate journal entries suggest any amendments that should be made to the consolidated statement of financial for both 2018 and 2019 above 18 marks) im State the ledger accounts that will be affected by the above treatment stating whether the affected ledger accounts have been overstated or understated.[6 marks)