D Ltd. furnished the following summarised Balance Sheet as at 31st March, 2020: Particulars Amount (₹'000) I. EQUITY AND LIABILITIES (1) Shareholders' Funds : (a) Share Capital: Authorised Share Capital: 2,50,000 Equity

In the books of D Ltd. (Journal Entries) Particulars Dr. Amount (₹'000) Cr. Amount (₹'000) Bank A/c 2,200 Profit and Loss A/c (Loss on sale of Investment) 8,00 To Investment A/c 3,000 (Being the sale of investments at a loss for the purpose of buy-back of shares) Equity Shares Capital A/c 5,00 Securities Premium A/c 2,000 To Equity Shareholders A/c 2,500 (Being the amount payable to equity shareholders on buy back of 50,000 equity shares) Equity Shareholders A/c 2,500 To Bank A/c 2,500 (Being equity shareholders paid off against buy-back) Securities Premium A/c 2,00 General Reserve A/c 1,00 To Capital Redemption Reserve A/c 3,00 (Being the necessary amount transferred to capital redemption reserve account) Balance Sheet as at 1st April, 2020 Particulars Rs. ('000) I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital: Authorised Share Capital: 2,50,000 Equity Shares of ₹10 each 2,500 5000 Preference Shares of ₹100 each 500 3,000 Issued and Subscribed Capital: 2,00,000 Equity Shares of ₹10 each fully paid 2,000 2,000, 10% Preference Shares of ₹100 each fully paid 2,00 (b) Reserve and Surplus: Capital Reserve 1,000 Capital Redemption Reserve 3,00 General Reserve 2,900 Profit and Loss Account (3500-800) 2,700 (2) Current Liabilities: (a) Other Current Liabilities 1,400 Total 10,500 II. ASSETS (1) Non-Current Assets:- Fixed Assets Tangible Assets 9,300 (2) Current Assets: (a) Cash and Cash Equivalents (1500+2200-2500) 1,200 Total 10,500 Working Notes: Amount to be transferred to Capital Redemption Reserve Account: Nominal Value of Shares brought back: ₹500 ('000) Less: Proceeds from fresh issue for buy back: (₹200) ('000) Transferred to CRR: ₹300 ('000) (i) Securities Premium has been used (2200-2000): ₹200 ('000) (ii) General Reserve has been used (300-200): ₹100 ('000) Total: ₹300 ('000)