The following Balance Sheets are presented to you (31.12.2015):

H Ltd. acquired the shares on May 1, 2015. The Profit and Loss Account of S Ltd. showed a debit balance of ₹ 1,50,000 on January 1, 2015. During March 2015, goods costing ₹ 6,000 were destroyed by fire and the insurers paid only ₹ 2,000. Trade creditors of S Ltd. include ₹ 20,000 for goods supplied by H Ltd. on which the latter company made a profit of ₹ 2,000. Half of the goods were still in stock. Prepare the Consolidated Balance Sheet.

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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: Balance Sheets of H. Ltd. and S. Ltd. as at 31st December, 2015 H. Ltd. (₹) (3) (a) Share Capital -- Equity Share of 100 each fully paid (b) Reserves and Surplus: General Reserve (4) Current Liabilities: Particulars (1) (2) Share Application Money Pending Allotment : (3) Non-current Liabilities: Profit and Loss Account (a) Long-term Borrowings-6% Debentures TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets Trade Payables-Trade Creditors (i) Tangible Assets (b) Non-current Investments - 1,500 Shares in S. Ltd. @80 each 6% Debentures in S. Ltd. (Acquired at par) Note No. (2) 5,00,000 1,00,000 80,000 1 75,000 7,55,000 3,50,000 1,20,000 60,000 S. Ltd. ₹ (4) 2,00,000 - (1,00,000) - 1,00,000 45,000 2,45,000 1,50,000 -