From the following Balance Sheets, make out the Consolidated Balance Sheet of the group as at 31.12.2015:

Question:

Additional information:
(1) Net profit for 2015 (included above) : H Ltd. ₹ 40,000; S Ltd. ₹ 80,000.
(2) In 2015, S Ltd. credited ₹ 4,000 to Profit and Loss Account in settlement of claim for loss of stock (cost ₹ 5,000, included in the opening stock of the year) by fire on 31.3.2015.
(3) The following points were not considered in making out the accounts :
(a) ₹ 500 p.m. expenses were incurred by H Ltd. on behalf of S Ltd. It was by mistake debited to Profit and Loss Account of H Ltd. and nothing has been done in the accounts of S Ltd.
(b) Dividend proposed for 2015 ---- 10%.
(4) On 30.4.2015, H Ltd. acquired 32,000 shares at ₹ 4,50,000. On the same day, bonus shares @ one for every four held were received; 10% dividend has also been received on the same day from S Ltd. The dividend have been credited to Profit and Loss Account. 12.116 Holding Company
(5) Bills Receivable of H Ltd. include ₹ 5,000 accepted by S Ltd., ₹ 3,000 of which is discounted.
(6) Sundry Creditors of S Ltd. include ₹ 10,000 due to H Ltd. whereas Sundry Debtors of H Ltd. include ₹ 12,000 due from S Ltd., the difference being represented by a cheque-in-transit.