a? 800 565 400 100 80 150 80 60 Illustration - 6 A Limited and B Limited were amalgamated on and from 1st April, 2009. A new company Limited was formed to takeover the business of the existing companies. The Balance Sheet of A Limited and B Limited and as on 31st March, 2009 are given below: (Rs.in lakhs) Liabilities A Ltd. B Ltd. Assets A Ltd. B Ltd. Share capital: Fixed assets 1,200 1,000 Equity Shares of Rs. 1,000 Current assets, 100 each Loans and Advances 880 15% Preference Share 300 Capital of Rs. 100 each Reserve and Surplus: Revaluation Reserve General Reserve 200 P&L Account Secured Loan: 12% Debentures of Rs. 100 each 80 Current Liabilities and Provisions 95 2,080 1,565 2,080 1,565 Other Information: 1. 12% Debenture holders of A Ltd. and B Ltdare discharged by D Limited by issuing adequate number of 16% Debentures of Rs. 100 each to ensure that they continue to receive the same amount of interest. 2. Preference shareholders of A Ltd. and B Ltd. have received same number of 15% Preference share of Rs. 100 each of D Limited 3. DLtd. has issued 1.5 equity shares for each equity share of A Ltd. and 1 equity share each equity share of B Ltd. The face value of shares issued by D Ltd. is Rs. 100 each. Required: Prepare the Balance sheet of D Ltd. as on 1st April, 2009 after the amalgamation has been carried out using pooling of interest method. 96 204