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Intel Corporation Balance Sheet as at 31 December 2049 $ $ Non-current assets Investment in subsidiary: - 920,000 shares bought 1.1.2049 1,380,000 Other non-current assets

Intel Corporation Balance Sheet as at 31 December 2049


$

$

Non-current assets



Investment in subsidiary:



- 920,000 shares bought 1.1.2049

1,380,000


Other non-current assets

2,300,000


Current assets

445,000

4,125,000

Share capital


2,300,000

Retained profits



As at 1.1.2049

455,000


Add Profit for year to 31.12.2049

465,000

920,000

Suspense


905,000

Total


4,125,000

Mobileye Balance Sheet as at 31 December 2049


$

$

Non-current assets


930,000

Current assets


900,000

Share capital


460,000

Retained profits



As at 1.1.2049

440,000


Add Profit for year to 31.12.2049

435,000

875,000

Total


1,830,000

Required:

  1. Create the consolidated balance sheet as at 31 December 2049.
  2. Resolve any issues in the suspense account.
  3. Ensure proper adjustments for inter-company transactions.

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