10. From the following Balance Sheets of A Ltd. and B Ltd. as at 31.3.2014 and informations, prepare
+ 600 = ? 10,600.
Hoverve? 100%
A Ltd.
7
B Lu
Consolidated Balance Sheet :
Balance Sheets (as at 31.3.2014)
Particulars
1. EQUITY & LIABILITIES:
Shareholders' funds :
Share capital :
Shares of 100 each fully paid
Reserves and surplus :
General reserve
Statement of P. & L.-surplus
Current liabilities :
Trade payables
Due to B Ltd.
1,00,000
50,000
25,000
258
125)
1,50,000
10,000
3,35,000
137
II. ASSETS:
Non-current assets :
Fixed assets :
Tangible assets :
Building
Machinery
Furniture
Shares in B Ltd.
Current assets :
Inventories
Trade receivables
Cash and cash equivalents
Due from A Ltd.
50,000
30,000
20,000
1,00,000
60$
105
305
50,000
20,000
65,000
10
17
10
3,35,000
1,37
A Ltd. purchased 400 shares in B Ltd. of 100 each fully paid at * 1,00,000 on 30.7.2013 when the GE
Reserve of B Ltd. stood at 20,000 and P. and L. credit balance at * 10,000;
Ans. Balance Sheet 3,98,500, Minority Interest 17,500
H Ltd. acquired 12.0RR Fouitur Shop
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❥︎ ❥︎ ᴊᴏᴜʀɴᴀʟ ᴇɴᴛʀʏ ғᴏʀ ᴘᴀɪᴅ 250 ᴛᴏᴡᴀʀᴅs ᴘᴏsᴛᴀɢᴇ ᴇxᴘᴇɴsᴇs.
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➪ ᴘᴏsᴛᴀɢᴇ ᴇxᴘᴇɴsᴇs ᴀ/ᴄ ... ᴅʀ. 250
ᴛᴏ ᴄᴀsʜ ᴀ/ᴄ ... ᴄʀ. 250
(ʙᴇɪɴɢ ᴀᴍᴏᴜɴᴛ ᴘᴀɪᴅ ғᴏʀ ᴘᴏsᴛᴀɢᴇ ᴇxᴘᴇɴsᴇs)
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