moncadadebbie5058 moncadadebbie5058

11-03-2024
Business

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On 1 April 2021, Shona Ltd acquired 75% of Bhoma Ltd's equity shares for Sh. 28,000,000. The summarized statements of financial position of the two companies as at 31 March 2021 are:

Given the information provided, what is the total equity and liabilities of Shona Ltd as of 31 March 2021?

a) Sh 57,500,000
b) Sh 31,700,000
c) Sh 43,000,000
d) Sh 23,500,000

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