Q$2.$ The Balance Sheet of Punjab Auto Limited as on $31-12-2002$ was as follows:

$\backslash$table$[[$Particular$,$Rs$.,$Particular,Rs$.],[$Equity Share Capital,$40,000,$Plant and Machinery,$24,000],[$Capital Reserve,$8,000,$Land and Buildings,$40,000],[8\%$ Loan on Mortgage,$32,000,$Furniture & Fixtures,$16,000],[$Creditors$,16,000,$Stock,$12,000],[$Bank overdraft,$4,000,$Debtors,$12,000],[$Taxation:$,,$Investments $($Short$-$term$),4,000],[,$ Current,$4,000,$Cash in hand,$12,000],[,$ Future,$4,000,,],[$Profit and Loss A$/$c$,12,000,,1,20,000$