it is a Bachelor of Commerce( Accounting 2)

QUESTION TWO [25] Chris Ltd acquired 112000 ordinary shares in Paul Ltd on 31 August 2022. The following represent the abridged statemsents of financial position of the two companies on that dane: 3 Required: 21. Prepase the pro-forma consolidation joural entries for the year ended 31 August 2022. Narrations of journal entries required. (10) 22. Prepare the consolidatod statement of financial pesien of the Chris Lad group as at 31 August 2022. (15) QUESTION TWO [25] Chris Ltd acquired 112000 ordinary shares in Paul Ltd on 31 August 2022. The following represent the abridged statemsents of financial position of the two companies on that dane: 3 Required: 21. Prepase the pro-forma consolidation joural entries for the year ended 31 August 2022. Narrations of journal entries required. (10) 22. Prepare the consolidatod statement of financial pesien of the Chris Lad group as at 31 August 2022. (15)