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The balance sheet of Agoya motors(AM)Ltd. And agoya communication services (ACS) Ltd. For the year ending 31st December 2020 are given below. Prepare a consolidated

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The balance sheet of Agoya motors(AM)Ltd. And agoya communication services (ACS) Ltd. For the year ending 31st December 2020 are given below. Prepare a consolidated balance sheet. AM Ltd ACS Ltd Particulars AED AED Equities and Liabilities Share capital Shares of AED 50 each 500,000 200,000 Creditors 100,000 20000 Reserves 10000 P&L a/c 50,000 30,000 The balance sheet of Agoya motors(AM)Ltd. And agoya communication services (ACS) Ltd. For the year ending 31st December 2020 are given below. Prepare a consolidated balance sheet. AM Ltd ACS Ltd Particulars AED AED Equities and Liabilities Share capital Shares of AED 50 each 500,000 200,000 Creditors 100,000 20000 Reserves 10000 P&L a/c 50,000 30,000

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