Pleas answer as the format !!!

Assets Dublin Ref Dr ($) Cr ($) Ref Galway Ltd ($) 25 000 Ltd ($) 22 600 8 000 12 000 26 000 4 52 000 9 000 45 000 12 000 22 000 3 000 2 240 000 240 000 1b Cash Accounts receivable Dividend receivable Other receivables Inventories Investment in Dublin Ltd Land Equipment Acc'd depreciation Buildings Acc'd depreciation Goodwill Less: Acc'd ima't loss - Goodwill 52 000 60 000 2 000 3 3 1 000 (38 000) 55 000 (20 000) 84 000 78 000 (26 000) 62 000 (15 000) 5 000 la 45 000 5 000 1c Deferred tax asset 2 2 100 300 3 Total assets 492 000 252 600 Answer example: Intragroup example (unrelated to this case study): Debentures issued within the group accrued $300 interest at year-end. Assuming this adjustment was not made in a worksheet the answer would be: 1. The accounts: Interest expense, Interest Revenue, Interest receivable and Interest payable are incorrect. 2. The above accounts have not been adjusted to eliminate the intragroup interest accrued of $300. The individual companies would have passed the following entries: Company A Company B Dr Interest Receivable $300 Dr Interest expense $300 Cr Interest Revenue $300 Cr Interest Payable $300 3. The elimination entry that should have been passed in the worksheet to eliminate this intragroup transaction as it is not a transaction with an external party: Dr Interest payable Cr Interest Expense Dr Interest Revenue Cr Interest Receivable 4. If this error is not corrected, net assets and equity will not change for the Group, however total assets and total liabilities will be overstated by $300 each in the Balance sheet. The Group profit overall will not change, however total revenue and total expenses would both be overstated by $300 in the Group's Income statement. Assets Dublin Ref Dr ($) Cr ($) Ref Galway Ltd ($) 25 000 Ltd ($) 22 600 8 000 12 000 26 000 4 52 000 9 000 45 000 12 000 22 000 3 000 2 240 000 240 000 1b Cash Accounts receivable Dividend receivable Other receivables Inventories Investment in Dublin Ltd Land Equipment Acc'd depreciation Buildings Acc'd depreciation Goodwill Less: Acc'd ima't loss - Goodwill 52 000 60 000 2 000 3 3 1 000 (38 000) 55 000 (20 000) 84 000 78 000 (26 000) 62 000 (15 000) 5 000 la 45 000 5 000 1c Deferred tax asset 2 2 100 300 3 Total assets 492 000 252 600 Answer example: Intragroup example (unrelated to this case study): Debentures issued within the group accrued $300 interest at year-end. Assuming this adjustment was not made in a worksheet the answer would be: 1. The accounts: Interest expense, Interest Revenue, Interest receivable and Interest payable are incorrect. 2. The above accounts have not been adjusted to eliminate the intragroup interest accrued of $300. The individual companies would have passed the following entries: Company A Company B Dr Interest Receivable $300 Dr Interest expense $300 Cr Interest Revenue $300 Cr Interest Payable $300 3. The elimination entry that should have been passed in the worksheet to eliminate this intragroup transaction as it is not a transaction with an external party: Dr Interest payable Cr Interest Expense Dr Interest Revenue Cr Interest Receivable 4. If this error is not corrected, net assets and equity will not change for the Group, however total assets and total liabilities will be overstated by $300 each in the Balance sheet. The Group profit overall will not change, however total revenue and total expenses would both be overstated by $300 in the Group's Income statement