BAC305: Sun Berhad acquired all the shares in Moon Berhad on 31 December 2022 for a cost of RM900,000: Company Accounting Reporting Assignment, WOU, Malaysia
| University | Wawasan Open University (WOU) |
| Subject | BAC305 Company Accounting Reporting Assignment |
Question 1
Sun Berhad acquired all the shares in Moon Berhad on 31 December 2022 for a cost of RM900,000. The balance sheets of both companies for the year ended 31 December 2022 were as follows:-
Required:
Prepare the consolidated statement of financial position for the group as at 31
December 2022 with explanation.
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