|
Liabilities |
H Ltd. |
S Ltd. |
Assets |
H Ltd. |
S Ltd. |
|
Rs |
Rs |
Rs |
Rs |
||
|
Share Capital: Equity shares of |
Sundry Assets |
6,55,000 |
2,88,000 |
||
|
Rs.100 each |
6,00,000 |
2,00,000 |
Investments: |
||
|
General Reserve |
60,000 |
25,000 |
1600 shares of |
|
|
|
Profit and Loss |
Rs.100 each |
1,60,000 |
|||
|
Account |
80,000 |
15,000 |
|||
|
Creditors |
75,000 |
48,000 |
|||
|
8,15,000 |
2,88,000 |
8,15,000 |
2,88,000 |
H Ltd. acquired shares in S Ltd. on 31st March, 2011. Prepare the Consolidated balance sheet of H Ltd. and S Ltd. as on that date.