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Consolidate the following balance sheet first equity and liabilities shareholder fund share capital shares of one age 1400 1000 reserve and surplus statement of profit and loss as limited 300 second current liabilities trade paper creditors 2800 350 total 4200 and 4800 assets non current asset fixed assets and reset 3000 4800 non print investment 900 shares in as limited at cost 1200 total 4200 and 4800 when h limited acquired the shares in as limited the statement of profit and loss of the lateral had afraid it balance of 200?
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Consolidate the following balance sheet first equity and liabilities s...
Consolidated Balance Sheet Overview
To consolidate the balance sheet of H Limited and its subsidiary AS Limited, follow these steps:

1. Shareholders' Funds
- Share Capital:
- H Limited: 1,400
- AS Limited: 1,000
- Reserves and Surplus:
- H Limited: 300
- AS Limited: 200

2. Current Liabilities
- Trade Payables:
- H Limited: 2,800
- AS Limited: 350

3. Total Equity and Liabilities
- Combined Total:
- H Limited: 4,200
- AS Limited: 4,800

4. Assets
- Non-Current Assets:
- Fixed Assets:
- H Limited: 3,000
- AS Limited: 4,800
- Non-Current Investments:
- H Limited: 900
- Shares in AS Limited at cost: 1,200

5. Total Assets
- Combined Total:
- H Limited: 4,200
- AS Limited: 4,800

6. Profit and Loss Statement Implications
- When H Limited acquired shares in AS Limited, the profit and loss statement of AS Limited showed a retained earnings balance of 200. This amount will be integrated into the consolidated reserves and surplus when preparing the consolidated balance sheet.

Conclusion
The consolidated balance sheet will reflect the combined financial position of H Limited and AS Limited, ensuring that all interests and investments are accurately represented. This process helps stakeholders understand the financial health of the entire group rather than just individual entities.
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Consolidate the following balance sheet first equity and liabilities shareholder fund share capital shares of one age 1400 1000 reserve and surplus statement of profit and loss as limited 300 second current liabilities trade paper creditors 2800 350 total 4200 and 4800 assets non current asset fixed assets and reset 3000 4800 non print investment 900 shares in as limited at cost 1200 total 4200 and 4800 when h limited acquired the shares in as limited the statement of profit and loss of the lateral had afraid it balance of 200?
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Consolidate the following balance sheet first equity and liabilities shareholder fund share capital shares of one age 1400 1000 reserve and surplus statement of profit and loss as limited 300 second current liabilities trade paper creditors 2800 350 total 4200 and 4800 assets non current asset fixed assets and reset 3000 4800 non print investment 900 shares in as limited at cost 1200 total 4200 and 4800 when h limited acquired the shares in as limited the statement of profit and loss of the lateral had afraid it balance of 200? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Consolidate the following balance sheet first equity and liabilities shareholder fund share capital shares of one age 1400 1000 reserve and surplus statement of profit and loss as limited 300 second current liabilities trade paper creditors 2800 350 total 4200 and 4800 assets non current asset fixed assets and reset 3000 4800 non print investment 900 shares in as limited at cost 1200 total 4200 and 4800 when h limited acquired the shares in as limited the statement of profit and loss of the lateral had afraid it balance of 200? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Consolidate the following balance sheet first equity and liabilities shareholder fund share capital shares of one age 1400 1000 reserve and surplus statement of profit and loss as limited 300 second current liabilities trade paper creditors 2800 350 total 4200 and 4800 assets non current asset fixed assets and reset 3000 4800 non print investment 900 shares in as limited at cost 1200 total 4200 and 4800 when h limited acquired the shares in as limited the statement of profit and loss of the lateral had afraid it balance of 200?.
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