Construct a balance sheet from the following information.Be sure the format is correct.(Show all work. )
Definitions:
Consolidated Balance Sheet
A financial statement that presents the assets, liabilities, and shareholders' equity of a parent company and its subsidiaries as one entity.
Cash
Money in the form of coins or banknotes, especially that held by an organization as its liquid assets.
Preference Shares
Equity securities that have preferential rights compared to common shares, often regarding dividends and asset distribution.
Consolidated Retained Earnings
The cumulative earnings or profits of a corporation and its subsidiaries after dividends have been paid out, as shown on the consolidated balance sheet.
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