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Prepare the Consolidated Statement of Profit or Loss and Other Comprehensive for the year ended 31 December 2018. Show all relevant workings. Could you provide

Prepare the Consolidated Statement of Profit or Loss and Other Comprehensive for the year ended 31 December 2018. Show all relevant workings.

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Could you provide me the answer of a and b with pic above? Thank you I need it ASAP

QUESTION 25 MARS w ACUTUSU The ga t e 2018 novo throw IKA of dont with my offront ACETITES Page 10 salsa browded in the pool purchased on the December ICLOPLOSSILT Pre the Cod e of Chargin bout extract the yard 31 Additional information: Sirius Bhd acquired 40 million of the 50 million ordinary shares of RM1 each of Vega Bhd on 1 January 2014 by paying cash of RM60 million. On the date, the retained profit of Vega Bhd was reported to be at RM20 million. As at the acquisition date, the assets and liabilities of Vega Bhd were reflected its carrying value except for a non-depreciable asset that has a fair value of RM2.5 million above its carrying value. Vega Bhd did not make any adjustment to record the fair value change in its books. The fair value of the non-controlling interests in Vega Bhd on 1 January 2014 was RM15 million Further revaluation took place on 30 November 2017 and it revealed that the fair value of the non-depreciable asset was increased by RM1.5 million. However, Vega Bhd has not updated its record for the new value. 2. The following business acquisition took place on 1 January 2016; a. Sirius Bhd acquired of 40 million of the 100 million of RM1 each in Capella Bhd. On the acquisition date the retained profit of Capella Bhd was RM5.2 million b. Vega Bhd acquired 75% of 30 million the ordinary shares of Rigel Bhd for a cash consideration of RM30 million. The retained profit of Rigel Bhd as at acquisition was RM5 million. The fair value of non-controlling interests on the acquisition date was RM10.5 million. Sirius Bhd is also having 40% joint control in a joint venture business, Afford Bhd. As at 31 4/5 million. The fair value of non-controlling interests on the acquisition date was RM10.5 million. 3. Sirius Bhd is also having 40% joint control in a joint venture business, Afford Bhd. As at 31 December 2017, the joint venture company incurred a profit of RM3 million. It was found also that the investment in joint venture is impaired for RM100,000 in the year 2017, 4. The following transactions were incurred during the year 2018: a Vega Bhd sold an equipment with carrying value of RM4 million for RM5 million to Rigel Bhd. The remaining useful life of the equipment on that date was five years and was still in Rigel Bhd's book as at 31 December 2017 ACCT3132/Sept/Oct2018 Page 5 of 10 b. Vega Bhd sold goods to Sirius Bhd with the selling price of RM8 million on June 2017. The profit margin was at 20% and as at 31 December 2017, RM2.4 millions of these goods were still in the inventories of Sirius Bhd. 5. All entities have declared and paid their dividends in December 2018. Sirius Bhd and Vega Bhd have received their dividend and recorded it as dividend income. 6. All profits and losses are deemed to accrue evenly throughout the year. 7. Group policy is as follows: a. Depreciation is to be provided in full in the year of purchase and none in the year of disposal using straight-line method, b. Non-controlling interests are measured at its fair value, and C. No impairment of goodwill is to be provided. Required: Prepare the Consolidated Statement of Profit or loss and Other Comprehensive for the year il coloant workings. a. Depreciation is to be provided in full in the year of purchase and none in the year o disposal using straight-line method; b. Non-controlling interests are measured at its fair value; and c. No impairment of goodwill is to be provided. uired: Prepare the Consolidated Statement of Profit or Loss and Other Comprehensive for the year ended 31 December 2018. Show all relevant workings. (CLO2:PLO6:C3) (17 marks) Prepare the Consolidated Statement of Changes in Equity (extract) for the year ended 31 December 2018 (CLO2:PL06:03) (8 marks) QUESTION 25 MARS w ACUTUSU The ga t e 2018 novo throw IKA of dont with my offront ACETITES Page 10 salsa browded in the pool purchased on the December ICLOPLOSSILT Pre the Cod e of Chargin bout extract the yard 31 Additional information: Sirius Bhd acquired 40 million of the 50 million ordinary shares of RM1 each of Vega Bhd on 1 January 2014 by paying cash of RM60 million. On the date, the retained profit of Vega Bhd was reported to be at RM20 million. As at the acquisition date, the assets and liabilities of Vega Bhd were reflected its carrying value except for a non-depreciable asset that has a fair value of RM2.5 million above its carrying value. Vega Bhd did not make any adjustment to record the fair value change in its books. The fair value of the non-controlling interests in Vega Bhd on 1 January 2014 was RM15 million Further revaluation took place on 30 November 2017 and it revealed that the fair value of the non-depreciable asset was increased by RM1.5 million. However, Vega Bhd has not updated its record for the new value. 2. The following business acquisition took place on 1 January 2016; a. Sirius Bhd acquired of 40 million of the 100 million of RM1 each in Capella Bhd. On the acquisition date the retained profit of Capella Bhd was RM5.2 million b. Vega Bhd acquired 75% of 30 million the ordinary shares of Rigel Bhd for a cash consideration of RM30 million. The retained profit of Rigel Bhd as at acquisition was RM5 million. The fair value of non-controlling interests on the acquisition date was RM10.5 million. Sirius Bhd is also having 40% joint control in a joint venture business, Afford Bhd. As at 31 4/5 million. The fair value of non-controlling interests on the acquisition date was RM10.5 million. 3. Sirius Bhd is also having 40% joint control in a joint venture business, Afford Bhd. As at 31 December 2017, the joint venture company incurred a profit of RM3 million. It was found also that the investment in joint venture is impaired for RM100,000 in the year 2017, 4. The following transactions were incurred during the year 2018: a Vega Bhd sold an equipment with carrying value of RM4 million for RM5 million to Rigel Bhd. The remaining useful life of the equipment on that date was five years and was still in Rigel Bhd's book as at 31 December 2017 ACCT3132/Sept/Oct2018 Page 5 of 10 b. Vega Bhd sold goods to Sirius Bhd with the selling price of RM8 million on June 2017. The profit margin was at 20% and as at 31 December 2017, RM2.4 millions of these goods were still in the inventories of Sirius Bhd. 5. All entities have declared and paid their dividends in December 2018. Sirius Bhd and Vega Bhd have received their dividend and recorded it as dividend income. 6. All profits and losses are deemed to accrue evenly throughout the year. 7. Group policy is as follows: a. Depreciation is to be provided in full in the year of purchase and none in the year of disposal using straight-line method, b. Non-controlling interests are measured at its fair value, and C. No impairment of goodwill is to be provided. Required: Prepare the Consolidated Statement of Profit or loss and Other Comprehensive for the year il coloant workings. a. Depreciation is to be provided in full in the year of purchase and none in the year o disposal using straight-line method; b. Non-controlling interests are measured at its fair value; and c. No impairment of goodwill is to be provided. uired: Prepare the Consolidated Statement of Profit or Loss and Other Comprehensive for the year ended 31 December 2018. Show all relevant workings. (CLO2:PLO6:C3) (17 marks) Prepare the Consolidated Statement of Changes in Equity (extract) for the year ended 31 December 2018 (CLO2:PL06:03) (8 marks)

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