Explain the treatment of bonus issue and prepare consolidated balance sheet. Thank you

100 each in B Ltd on 31 December 2014. The balance B Ltd. Rs. 400,000 240,000 72.000 18,000 Prople 100 each A Itd acquired 3,200 shares of 2014. The balance sheets of the two companies a 31st December 2014 were as follows: A Ltd. Particulars EQUITY AND LIABILITIES Shareholders' funds (a) Share Capital 10000 Equity shares of Rs. 100 each 1,000,000 4000 Equity shares of Rs. 100 each (b) Reserves & Surplus Capital reserve 480,400 Surplus (P&L a/c) 114,000 2 Current liabilities (a) Short-term borrowings (Bank Overdraft) 160,000 (b) Trade payables Payable 94,200 Bills Payable including Rs. 8000 ped to A Ltd.) 16,800 TOTAL 1,848,600 746,800 11. ASSETS 1 Non-current assets (a) Fixed Assets (i) Tangible assets Land & Bldg 300,000 360,000 Plant & Mach 480,000 218,000 Non-current investments (i) Trade Investment Investment in equity instruments (in B Ltd. at cost) 680,000 2 Current Assets (a) Inventories 240,000 72,000 (b) Trade receivables 88,000 80,000 Bills receivable (including receivable from B Ltd.) 31,600 (c) Cash and cash equivalents 29,000 16,800 746,800 TOTAL 1,848,600 (b) luments B Ltd has one-equitys collowing information is availabi td has made a bonus shares on 31st December auity shares for every two equity shares her harenc ceholders. This issue b e has not yet been taken in December 2014 of uity shares held by its account. Land and plant and and Buildings of B Ltd ar + and machinery of B Ltd ta are undervalued by 40,000 and of these assets have to be adjusted accordingly. are overvalued by 320,000. ditors of A Ltd include the consolidated balance sheet as at 31st December 24,000 due to B Ltd. Sundry creditors of A Ltd in epare the consolida