OUESTION $1$

You are presented with the following information from the James group of companies for the for the year ended $2020.$

$\backslash$table$[[,$CLARKE,CRYSTAL,JOSHUA$],[$Investment in Subsidiaries$],[$Crystal $90,000$ shares bought $31\mathrm{.}12\mathrm{.}204,125,000\mathrm{.}00,,],[$Joshua $56,000$ shares bought $31\mathrm{.}12\mathrm{.}204,85,000\mathrm{.}00,,],[,210,000\mathrm{.}00,,],[$Fixed Assets,$170,000\mathrm{.}00,72,000\mathrm{.}00,80,000\mathrm{.}001.$ At the balance sheet date, Crystal owed Clarke $$2,500$ and Joshua $$1,100,$ and Clarke

owed Joshua $$2,100.$

$2.$ Clarke had sold goods which had cost $$1,400$ to Joshua for $$2,100$ and of those goods $(1)/(2)$

had been sold by Joshua by the year end.

Required:

Prepare a consolidated Balance sheet for the Clarke group.

Show all working clearly.