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Please help me solve in correct and fully answer Thanks in advance. Additional information: i. Assume that all income and expenses accrue evenly throughout the

Please help me solve in correct and fully answer

Thanks in advance.

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Additional information: i. Assume that all income and expenses accrue evenly throughout the year. ii. On 1 January 2015 Gigo Bhd. acquired 70% of the equity share capital of Oligo Sdn. Bhd. for a cash consideration of RM215,000. The retained earnings of Oligo Son. Bhd. were RM75,000 at this date. iii. Non-controlling interest is measured as a proportion of the net assets on the day of acquisition. iv . At the date of acquisition, Oligo Son. Bhd.'s assets had fair values that were equal to their carrying values. The one exception was an item of plant. This plant had a fair value of RM30,000 in excess of its carrying value. The plant had a remaining life of five years at the date of acquisition. The Gigo group uses a straight-line depreciation method. This revaluation has not been taken into account in the Statements of Financial Position shown above. v. Gigo Bhd. sold goods to Oligo Sdn. Bhd. on 1 of December 2016. The invoice price was RM40,000. The goods had a mark-up of 10% on cost. All the goods were still in inventory on 31 of December 2016. vi. As at 31 December 2016, the difference on the inter-company accounts (between Gigo Bhd. and Oligo Son. Bhd.) relates to cash in transit. Required: Prepare the Consolidated Statement of Financial Position for the Gigo Bhd Group as at 31 December 2016. You should show all workings

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