Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question. No, (10) The draft balance sheets of three companies as at 30 September 2005 are as follows Paul.dk Simant.Id TL Anbrid T Non-current assets

image text in transcribed

Question. No, (10) The draft balance sheets of three companies as at 30 September 2005 are as follows Paul.dk Simant.Id TL Anbrid T Non-current assets Property, plant and equipment 697.210 618,010 349,000 Investments 160.00 shares in Sition Ltd 562.01) 80,000 shares in Arthur Led 18.0 1:43,210 618,010 349,400 Current assets Inventories 495.165 8.619 26.995 Traile receivalilo 415,717 330.540 351.065 Cash 101.7224 95.000 231 Total assets 2.455.165 1.42.170 992721 Capital and reserves Ordinary late capital 000,000 200,000 200,000 Retained earnings LUIS 8 163 BLO Total Equity 1.615,0%) 1,020,00 13,000 Non-current liabilities 400.000 150.000 100.000 Curreist liubilities Traile payables 282174 20:37211 Total culty and liabilities 2.455166 1452172 AL Additional Information. Paul Land purchased the shares in Sinut ... on October 2016) when the retained carings of Simond were TK 500,000 The shares in Arthur Lid were acquired on 1 October 20112 ben ile teated camnings were T2 242.000 Page 4 of 5 Included in the inventory figure for Paul Lad in inventory valued at T 20,000 which had been purchased from Sinon Lut at cost plus 35%. Included in the trade payatites figure of Paul Led in TK 18,000 payable to Arthur Lid, thae angunt receivale leing recorded in the trade receivables figure of Anhur... Impairment reviews to date huve revealed a total of Th 1,000 to the written of goodwill in respect of Simon Ltd and TL 2.010 off in respect of Paul Lal's investment in Arthur Lidl Requirements Prepare the consolidated tralance sheet for Paul tod as at 30 September 2015 Question. No, (10) The draft balance sheets of three companies as at 30 September 2005 are as follows Paul.dk Simant.Id TL Anbrid T Non-current assets Property, plant and equipment 697.210 618,010 349,000 Investments 160.00 shares in Sition Ltd 562.01) 80,000 shares in Arthur Led 18.0 1:43,210 618,010 349,400 Current assets Inventories 495.165 8.619 26.995 Traile receivalilo 415,717 330.540 351.065 Cash 101.7224 95.000 231 Total assets 2.455.165 1.42.170 992721 Capital and reserves Ordinary late capital 000,000 200,000 200,000 Retained earnings LUIS 8 163 BLO Total Equity 1.615,0%) 1,020,00 13,000 Non-current liabilities 400.000 150.000 100.000 Curreist liubilities Traile payables 282174 20:37211 Total culty and liabilities 2.455166 1452172 AL Additional Information. Paul Land purchased the shares in Sinut ... on October 2016) when the retained carings of Simond were TK 500,000 The shares in Arthur Lid were acquired on 1 October 20112 ben ile teated camnings were T2 242.000 Page 4 of 5 Included in the inventory figure for Paul Lad in inventory valued at T 20,000 which had been purchased from Sinon Lut at cost plus 35%. Included in the trade payatites figure of Paul Led in TK 18,000 payable to Arthur Lid, thae angunt receivale leing recorded in the trade receivables figure of Anhur... Impairment reviews to date huve revealed a total of Th 1,000 to the written of goodwill in respect of Simon Ltd and TL 2.010 off in respect of Paul Lal's investment in Arthur Lidl Requirements Prepare the consolidated tralance sheet for Paul tod as at 30 September 2015

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Tools for Business Decision Making

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

5th edition

9780470418239, 470239808, 9780470239803, 470418230, 978-1118128169

More Books

Students also viewed these Accounting questions

Question

What are the potential strengths of group discussion?

Answered: 1 week ago

Question

Why are groups and teams becoming increasingly popular?

Answered: 1 week ago