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Financial accounting 2iii WWW ttd company has a subsidiary called MMM Ltd. WWW Ltd is located in Gaborone and prnmares its financial statemants at 33
Financial accounting
2iii WWW ttd company has a subsidiary called MMM Ltd. WWW Ltd is located in Gaborone and prnmares its financial statemants at 33 October every yeat. The statements of both companies are siven below. You are asked to prepare the consolidated staterment of finarical positian for WWW ltd co. as 31 october 2021 . Thestatement of Financial Position as at 31 0ctober 2021 . Further information, 3. WWW Ltd accuired 6,429,000 775% ) sharet in MMM thi On 1 November 2020 is $1 each. h. MMM tta had cetained earrings on 1 November 2020 of 51817,000 . Share capital remain the same. =5893,000 was included in the trade receivables of WWW Ltd and in the payables of MMM Lta. It: No impaiment of goodwall and revaluation is required for the year juat raise the goodwill account in the books. Meguired, You are asked to prepare a consolidated statement of financiaf position for the year ending 31 October 2021. (II marks) 2iii WWW ttd company has a subsidiary called MMM Ltd. WWW Ltd is located in Gaborone and prnmares its financial statemants at 33 October every yeat. The statements of both companies are siven below. You are asked to prepare the consolidated staterment of finarical positian for WWW ltd co. as 31 october 2021 . Thestatement of Financial Position as at 31 0ctober 2021 . Further information, 3. WWW Ltd accuired 6,429,000 775% ) sharet in MMM thi On 1 November 2020 is $1 each. h. MMM tta had cetained earrings on 1 November 2020 of 51817,000 . Share capital remain the same. =5893,000 was included in the trade receivables of WWW Ltd and in the payables of MMM Lta. It: No impaiment of goodwall and revaluation is required for the year juat raise the goodwill account in the books. Meguired, You are asked to prepare a consolidated statement of financiaf position for the year ending 31 October 2021. (II marks)
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