Nryaked soc. Question 4 Two companies Katlo Ltd and Kaone Ltd carrying on similar business enter into a contract to amalgamate and form a new company called Sebilo Ltd. The following are the respective statements of financial position for Katlo Ltd and Kaone Ltd showing the values of the assets as agreed in the Required to: a) State the total number of shares each company will receive from the new company b) Show the opening entries in the books of the new company c) Prepare a statement of financial position of the new company