what kind of detials you want?

Task 3: It is now the end of the year 2019. You extract data from Hanover's ERP system and pool together information from which you prepare the draft Statement of Financial Position of Hanover Corporation SAOG and Sandrigo Corporation SAOG. You contact and also receive the draft financials of Sandrigo Corporation SAOG from their Accountant. You gather that Hanover Corp acquired 44,000 share of Sandrigo Corporation on 1st January 2016 for Omani Rials 200,000. The retained earnings of Sandrigo Corporation on that date were Omani Rials 8,000 and market price per share of Sandrigo Corporation was Omani Rials 4.5 per share. During the year Sandrigo Corporation sold goods to Hanover for 50,000 at a mark- up of 30%. 50% of the goods sold by Sandrigo Corporation are still unsold by Hanover at the end of year. Hanover owed Omani Rials 10,000 for goods bought and this debt is included in the Accounts payables of Hanover and 2 Account receivable of Sandrigo Corp. At the acquisition date the value of Sandrigo Corp Land and Buildings was Omani Rials 18,000 greater than their net book value. The statements of financial positions of Hanover and Sandrigo Corporation on 31" December 2019 are as below. Buildings was Omani Rials 18,000 greater than their net book value. The statements of financial positions of Hanover and Sandrigo Corporation on 31st December 2019 are as below. Hanover (Omani Rials) Sandrigo (Omani Rials) Assets: Non-Current Assets Land & Buildings Plant and equipment Motor vehicles Investments in Sandrigo 40,000 52,000 58,000 200,000 350,000 62,000 24,000 24,000 110,000 Current Assets: Cash Accounts Receivables Inventory 16,000 80,000 74,000 170,000 520,000 4,000 40,000 74,000 118,000 228,000 Total Assets Equity and Liabilities Share Capital (Omani Rial 2.5 per share) Retained Earnings Share premium Long term loan Accounts Payables Total Equity and Liabilities 300,000 72,000 8,000 76,000 64,000 520,000 140,000 42,000 12,000 12,000 22,000 228,000 YOU SET OUT TO PREPARE THE GROUP CONSOLIDATED FINANCIAL STATEMENTS IN COMPLIANCE WITH IFRS 10 FOR SUBMISSION TO THE CAPITAL MARKET AUTHORITY. Task 3: It is now the end of the year 2019. You extract data from Hanover's ERP system and pool together information from which you prepare the draft Statement of Financial Position of Hanover Corporation SAOG and Sandrigo Corporation SAOG. You contact and also receive the draft financials of Sandrigo Corporation SAOG from their Accountant. You gather that Hanover Corp acquired 44,000 share of Sandrigo Corporation on 1st January 2016 for Omani Rials 200,000. The retained earnings of Sandrigo Corporation on that date were Omani Rials 8,000 and market price per share of Sandrigo Corporation was Omani Rials 4.5 per share. During the year Sandrigo Corporation sold goods to Hanover for 50,000 at a mark- up of 30%. 50% of the goods sold by Sandrigo Corporation are still unsold by Hanover at the end of year. Hanover owed Omani Rials 10,000 for goods bought and this debt is included in the Accounts payables of Hanover and 2 Account receivable of Sandrigo Corp. At the acquisition date the value of Sandrigo Corp Land and Buildings was Omani Rials 18,000 greater than their net book value. The statements of financial positions of Hanover and Sandrigo Corporation on 31" December 2019 are as below. Buildings was Omani Rials 18,000 greater than their net book value. The statements of financial positions of Hanover and Sandrigo Corporation on 31st December 2019 are as below. Hanover (Omani Rials) Sandrigo (Omani Rials) Assets: Non-Current Assets Land & Buildings Plant and equipment Motor vehicles Investments in Sandrigo 40,000 52,000 58,000 200,000 350,000 62,000 24,000 24,000 110,000 Current Assets: Cash Accounts Receivables Inventory 16,000 80,000 74,000 170,000 520,000 4,000 40,000 74,000 118,000 228,000 Total Assets Equity and Liabilities Share Capital (Omani Rial 2.5 per share) Retained Earnings Share premium Long term loan Accounts Payables Total Equity and Liabilities 300,000 72,000 8,000 76,000 64,000 520,000 140,000 42,000 12,000 12,000 22,000 228,000 YOU SET OUT TO PREPARE THE GROUP CONSOLIDATED FINANCIAL STATEMENTS IN COMPLIANCE WITH IFRS 10 FOR SUBMISSION TO THE CAPITAL MARKET AUTHORITY