5. Liabilities Share Capital of Rs. 10%- each Profit and Loss a/c. The balance sheets of H Ltd and S. Ltd. as on 31.3.2014 were as follows: Asssets H Ltd. Land & Bldgs. 2,00,000 Loan Creditors Total Information: H Ltd. 4,00,000 SLtd. 1,00,000 4000ghorey 1000 shores 1,00,000 80,000 70,000 General Reserve Securities Premium Secured Loan 1,00,000 Unsecured i. ii. 80,000 40,000 50,000 7,70,000 50,000 3,00,000 Plant & Machinery Investment in 8000 shares Closing Stock 1,00,000 Debtors Cash & Bank 2,00,000 1,00,000 Total 1,20,000 50,000 7,70,000 S Ltd. 50,000 80,000 70,000 70,000 30,000 3,00,000 H acquired the shares on 31.3.2014. During the year goods costing Rs. 6,000 in H Ltd. were destroyed against which insurance is payable only to the extent of Rs. 2,000. iii. Creditors of S Ltd. include Rs. 20,000 for goods supplied by H Ltd. on which H Ltd. made a profit of Rs. 2,000 Half of the goods were still in stock on 31.3.2014. // Prepare consolidated Balance sheet as on 1.4.2014 (please refer photo of the question )