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You are given the following information: - Kamal Co. made a bonus issue on 31st March 2020 of one share for every two shares held,
You are given the following information: - Kamal Co. made a bonus issue on 31st March 2020 of one share for every two shares held, reducing the capital reserve equivalently, but the transaction is not shown in the above Balance Sheets. - Interest receivable (OMR 200) in respect of the loan due by Hilal Co. Halal Ltd. to Kamal Co, has not been credited in the account of Kamal Co. - The directors decided that the fixed assets of Kamal Co. Were overvalued and should be written down by OMR 10,000 . Required: Prepare a Consolidated Statement of Financial Position for Hilal Co. as on 31st March 2020 and also show your all required working, like as minority interest, goodwill on consolidation etc. Hilal Co. acquired 16,000 shares of OMR 10 each in Kamal Co, on 31st March 2020. The summarized
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