8 Investmen In SON 720,000 960,000

8 Equity
8 Capital Stcok 600,000
8 RE 136,000
Total Net Aset 736,000
8 Excess 224,000
NCI CI
75% 25%
8 Income From Sun 96,000 72,000 24,000
8 Goodwill - -
8 Income From Sun 96,000 72,000 24,000

8 Investmen In Son, january,1, 2016 960,000 720,000 240,000

8 Income From Son 96,000 72,000 24,000
8 Devidend - 64,000 - 48,000 - 16,000
8 Investmen In Son, December ,31, 2 992,000 744,000 248,000

Adjusment & Elimination

Account Name PAM 75% SuN CONSOLIDATED
Debit Credit
INCOME SUMMARY & RETAINED EARNING
8 Sales 1,600,000 400,000 2,000,000
8 Income From Sun 72,000 2 72,000 -
8 CGS - 1,000,000 - 200,000 - 1,200,000
8 Other expense - 388,000 - 104,000 - 492,000
8 NCI 5 24,000 - 24,000
8 CI 284,000 96,000 284,000
8 Retained Earning, January,1, 2016 720,000 136,000 1 136,000 720,000
8 Devidend - 200,000 - 64,000 3 64,000 - 200,000
8 Retained Earning, December, 31, 20 804,000 168,000 804,000

FINACIAL POSITION REPORT

8 Cash 236,000 60,000 296,000
8 Account Receivable-Net 320,000 80,000 400,000
8 Note Receivable net 20,000 4 20,000 -
8 Devidend Receivable 24,000 4a 24,000 -
8 Inventories 380,000 40,000 420,000
8 Invesntmen in Sun 744,000 1 744,000 -
8 Land 260,000 120,000 380,000
8 Building- Net 680,000 320,000 1,000,000
8 Equipment Net 520,000 200,000 720,000
8 Goodwill 1 224,000 224,000
Total Aset 3,164,000 840,000 3,440,000

8 Account Payable 340,000 40,000 380,000

8 Note Payable to Sun 20,000 4 20,000 -
8 Devidend Payable 32,000 24,000 8,000
8 Capital Stock 2,000,000 600,000 1 600,000 2,000,000
8 Retained earning 804,000 168,000 804,000
8 Non Controlling Interest, January, 1, 2016 1 240,000 240,000
8 Non Controlling Interest, December, 31, 2016 5 8,000 8,000
Total Liabilities & Equity 3,164,000 840,000 3,440,000

1,100,000 1,100,000
8 Income Statement
8 Sales 2,000,000
8 CGS - 1,200,000
8 Other expense - 492,000
8 NCI - 24,000
8 CI 284,000.00

Financial Change To Equity

For The Year Ended, December, 31, 2016

Account & Particulars Capital RE NCI Total

8 Beginning,December, 31, 2016 2,000,000 720,000 240,000 2,960,000
8 Income 284,000 24,000 308,000
8 Devidend - 200,000 - 16,000 - 216,000
8 Ending, December, 31, 2017 2,000,000 804,000 248,000 3,052,000
-

PT POP AND SUBSDIARY

FINANCIAL POSITION REPORT CONSOLIDATED ast at december, 31, 2017
ASET
Current Aset
8 Cash 296,000
8 Account Receivable-Net 400,000
8 Devidend Receivable -
8 Inventories 420,000
Amount Current Aset 1,116,000
Non Current Aset
8 Land 380,000
8 Building- Net 1,000,000
8 Equipment Net 720,000
8 Goodwill 224,000
Amount Non Current Aset 2,324,000
Total Aset 3,440,000

LIABILITY & EQUITY

LIBILITY
8 Account Payable 380,000
8 Devidend Payable 8,000
Total Liability 388,000
Equity
8 Capital Stock 2,000,000
8 Retained earning 804,000
8 Non Controlling Interest, December, 31, 2016 248,000
Total Equity 3,052,000
Total Liability & Equity 3,440,000
8 Investmen In SON 810,000 900,000 900,000
8 Equity 660,000 Net Asset
8 Capital Stcok 600,000 80,000 Land
8 RE 60,000
Total Net Aset for book value 660,000 740,000 Net asset for fair value
8 Excess 240,000 160,000 Patent

CI NCI Share
100% 90% 10%
8 Income From Sun 96,000 86,400 9,600
8 Patent - 16,000 - 14,400 - 1,600
8 Income From Sun 80,000 72,000 8,000

8 Investmen In Son january,1, 2016 900,000 810,000 90,000

8 Delta Retained Earning 76,000 68,400 7,600
8 Amortization Patent - 16,000 - 14,400 - 1,600
8 Investmen In Son December,31, 2016 960,000 864,000 96,000
8 Income From Son 2017 80,000 8,000
8 Devidend - 64,000 - 57,600 - 6,400
8 Investmen In Son December,31, 2017 976,000 878,400 97,600

Adjusment & Elimination

Account Name POP 90% SON CONSOLIDATE
Debit Credit D
INCOME SUMMARY & RETAINED EARNING
8 Sales 1,600,000 400,000 2,000,000
8 Income From SON 72,000 2 72,000 -
8 CGS - 1,000,000 - 200,000 - 1,200,000
8 Other expense - 402,400 - 104,000 3 16,000 - 522,400
8 NCI 5 8,000 - 8,000
8 CI 269,600 96,000 269,600
8 Retained Earning, January, 1, 2017 708,000 136,000 1 136,000 708,000
8 Devidend - 200,000 - 64,000 2.5 64,000 - 200,000
8 Retained Earning, December, 31, 2017 777,600 168,000 777,600

FINACIAL POSITION REPORT

8 Cash 72,000 60,000 132,000
8 Account Receivable-Net 320,000 80,000 400,000
8 Devidends Receivable from SON 28,800 4A 28,800 -
8 Notes Receivable from POP 20,000 4 20,000 -
8 Inventories 380,000 40,000 420,000
8 Invesntmen in SON 878,400 1.2 878,400 -
8 Land 260,000 120,000 1 80,000 460,000
8 Building- Net 680,000 320,000 1,000,000
8 Equipment Net 520,000 200,000 720,000
8 Patent 1 144,000 3 16,000 128,000
Total Aset 3,139,200 840,000 3,260,000
-
8 Account Payable 341,600 40,000 381,600
8 Note Payable to SON 20,000 4 20,000 -
8 Devidend Payable 32,000 4A 28,800 3,200
8 Capital Stock 2,000,000 600,000 1 600,000 2,000,000
8 Retained earning 777,600 168,000 777,600
8 Non Controlling Interest, December, 31, 2016 1 96,000 96,000
8 Non Controlling Interest, December, 31, 2017 5 1,600 1,600
Total Liabilities & Equity 3,139,200 840,000 3,260,000
 1,104,800 1,104,800 6,520,000

Income Statement
8 Sales 2,000,000
8 CGS - 1,200,000
8 Other expense - 522,400
8 NCI - 8,000
8 CI 269,600

POP and Subsidiary

Financial Change To Equity
For The Year Ended, December, 31, 2017

Account & Particulars Capital RE NCI Total

December, 31, 2016 2,000,000 708,000 96,000 2,804,000
8 Income 269,600 8,000 277,600
8 Devidend - 200,000 - 6,400 - 206,400
Ending, December, 31, 2017 2,000,000 - 777,600 - 97,600 2,875,200
-

PT POP AND SUBSDIARY, AS AT, DECEMBER, 21, 2017

FINANCIAL POSITION REPORT CONSOLIDATED
ASET
Current Aset
8 Cash 132,000
8 Account Receivable-Net 400,000
8 Notes Receivable from POP -
8 Inventories 420,000
Amount Current Aset 952,000
Non Current Aset
8 Land 460,000
8 Building- Net 1,000,000
8 Equipment Net 720,000
8 Patent 128,000
Amount Non Current Aset 2,308,000
Total Aset 3,260,000

LIABILITY & EQUITY

LIBILITY
8 Account Payable 381,600
8 Devidend Payable 3,200
Total Liability 384,800
Equity
8 Capital Stock 2,000,000
8 Retained earning 777,600
8 Non Controlling Interest, December, 31, 2017 97,600
Total Equity 2,875,200
Total Liability & Equity 3,260,000