I 10.3 Given below are the statements of financial position of Hash and Sash as at 1 January x1. Equity and Liabilities Ordinary share capital Retained profit Current liabilities Hash RM'000 8,500 2,500 400 11,400 Sash RM'000 5,200 1,000 400 6,600 Assets Non-current assets Inventory Trade receivables 7,000 800 700 2,900 11,400 5.600 400 400 200 6,600 Cash at bank 380 Chapter 10 SD Additional information: Hash acquired all the 4 million issued ordinary shares of Sash by exchanging one ordinary share in Hash valued at RM1.50 and paying 50 sen for every one ordinary share in Sash. You are required to: i. Prepare the journal entries in the books of Hash to record the acquisition of shares in Sash. li. Prepare the statement of financial position of Hash immediately after the takeover. ii. Show the initial journal entries to prepare the consolidated financial statements. iv. Prepare the consolidated statement of financial position of Hash and its subsidiary Sash as at 1 January xi