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10.10 Given below are the statements of financial position of Bell, Edison and Campbell as at 31 December 25, Bell RM'000 Edison RM'000 Campbell RM

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10.10 Given below are the statements of financial position of Bell, Edison and Campbell as at 31 December 25, Bell RM'000 Edison RM'000 Campbell RM 000 Equity Ordinary share capital Retained profit 1,200 300 1,500 600 (100) 500 650 200 Assets Investment 300,000 ordinary shares of Edison (cost) 400,000 ordinary shares of Campbell Sundry assets Liabilities Liabilities 570 200 830 650 950 (100 (100) 1,500 (150) 500 850 when the retained prot Additional information: a. Bell acquired 300,000 of the 400,000 ordinary shares of Edison on 1 January x1 when the retai of Edison was RM20,000. b. Bell acquired 400,000 of the 500,000 issued shares of Campbell on 1 January x5 for a cash cons RM200,000 and an issue of 200,000 ordinary shares of Bell. The fair value of Bell's shares was RM2 Bell has only recorded the cash payment. 3. On 1 January 5, the retained profit of Campbell was RM C. Goodwill is recognised for the parent only. d. Goodwill in Edison is impaired by RM45,000. You are required to prepare the consolidated statement of financial position as at 31 Decen cash consideration s was RM2 per share pbell was RM 150,000 $1 December x5

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