The State of Affairs of Mohini Co.Ltd. On 31.3.2015 was as follows:

Liabilities Amount Assets Amount 20,000 equity shares of 10 each

2,00,000 Goodwill 80,000

15,000 7% preference shares of 10 each

1,50,000 Buildings 1,75,000

13,000 5% preference shares of Rs.10 each, Rs.5 paid

65,000 Machinery 3,25,000

5% debentures 1,50,000 Patents 54,000 8% debentures 3,00,000 Furniture 15,000 Sundry creditors 4,50,000 Investments 75,000 Debenture interest due 19,500 Sundry debtors 4,15,000

Cash 2,000 Bank 18,000