From the following balance sheet, prepare consolidated balance sheet of Ram Limited (RL) that has one subsidiary namely Mohan Limited (ML).

ML had a credit balance of ₹45,000 in its profit and loss account as on April 1, 2010. RL acquired shares in ML on July 1, 2010 at a cost of ₹2,00,000.

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Liabilities Share capital (face value * 100 each) General reserve Profit and loss a/c Sundry creditors Balance Sheet as on March 31, 2011 ML Assets 3,00,000 Land and building RL 15,00,000 2,00,000 3,00,000 2,50,000 22,50,000 1,05,000 95,000 5,00,000 Plant and machinery Investment (including 1,800 shares of ML) Current assets RL 12,00,000 2,00,000 2,70,000 5,80,000 22,50,000 ML 2,00,000 2,00,000 1,00,000 5,00,000