corporate account

Erik

Ltd

Finn

Ltd

Adjustments

Group

Dr

Cr

Cash

11 000

20 600

Receivables

25 200

20 000

Other assets

10 000

8 000

Inventory

55 000

42 000

Shares in Finn Ltd

153 800

0

Plant

210 000

107 000

Accum depreciation

(85 000)

(22 000)

380 000

175 600

Dividend payable

25 000

12 600

Other liabilities

75 000

25 000

Share capital

130 000

90 000

Retained earnings

93 500

36 000

General reserve

56 500

12 000

Business combination valuation reserve

-

-

380 000

175 600