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Please need the answer as soon as possible thank you The balance sheets of guya motor (AMO) Lud and Aguya common services (ACS) Led for
Please need the answer as soon as possible
thank you
The balance sheets of guya motor (AMO) Lud and Aguya common services (ACS) Led for the year ending 31" December 2020 below. Prepare a consoldated balance sheet AM Ltd. ACS Ltd. Particulars AED AED I. Equities and Liabilities Share capital: Shares of AED 50 cach 5,00,000 2,00,000 Creditors 1,00,000 20,000 Reserves 10,000 P&L alc 50,000 30,000 Total 6,50,000 2,70,000 I. Assets Sundry Assets: 3,50,000 2,60,000 nvestment in the shares of ACS Ltd. 4000 shares (at cost) 3,00,000 Total 6,50,000 2,60,000
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