The Balance Sheet of Mars Limited as on 31st March, 2016 was as follows: I. EQUITY AND

The Balance Sheet of Mars Limited as on 31st March, 2016 was as follows:

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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: Balance Sheets of Mars Ltd. as at 31st March, 2016 (a) Share Capital - 1,00,000 Equity Shares of 10 each fully paid (b) Reserves and Surplus -- Capital Reserve (a) Trade Payables : Particulars (1) (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (4) Current Liabilities : TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets Contingency Reserve Profit and Loss Account Bills Payable Sundry Creditors (b) Short-term Provisions-Provision for Income tax (i) Tangible Assets -- Land and Building Note No. (2) Amount (₹) (3) 10,00,000 42,000 2,70,000 2,52,000 - 40,000 2.26.000 2,20,000 20,50,000 7,64,000