FAC2602
Assignment 1
Due on 22 August 2023
To prepare the consolidated financial statements for the Proton Ltd Group for the year ended 31
July 2023, we will need to consolidate the financial information of both Proton Ltd and Electron
Ltd.
(a) The consolidated statement of profit or loss and other comprehensive income:
Proton Ltd (R) Electron Ltd (R) Consolidated Total (R)
Revenues 6,000,000 4,100,000 10,100,000
Other Income 450,000 180,000 630,000
Assignment 1
Due on 22 August 2023
To prepare the consolidated financial statements for the Proton Ltd Group for the year ended 31
July 2023, we will need to consolidate the financial information of both Proton Ltd and Electron
Ltd.
(a) The consolidated statement of profit or loss and other comprehensive income:
Proton Ltd (R) Electron Ltd (R) Consolidated Total (R)
Revenues 6,000,000 4,100,000 10,100,000
Other Income 450,000 180,000 630,000
