From the Balance Sheet and additional information given below, prepare consolidated Balance Sheet of H Ltd. (Holding Company): Balance Sheets of H Ltd. and S Ltd. as on 31st March, 2019 Particulars H Ltd. (₹) S Ltd. (₹)

Consolidated Balance Sheet of H Ltd. As at 31st March, 2019 Particulars Amount ₹ I EQUITY AND LIABILITIES (1) Shareholder's Funds: (a) Share Capital 5000 Equity shares of ₹100 each 5,00,000 (b) Reserves and Surplus (i) General Reserve (W. No.6) 67,500 (ii) Profit and Loss Account (W. No. 5) 39,500 (2) Minority Interest (W. No. 3) 57,500 (3) Non Current Liabilities (a) 12% Debentures of ₹100 each ₹1,00,000 Less: Held within the group (₹40,000) 60,000 (4) Current Liabilities: (a) Trade Payables Creditors (40,000+25,000-10,000) 55,000 Bills payables (12,000+8,000-8,000) 12,000 (b) Short-term Borrowings (40,000+20,000) 60,000 Total 8,51,500 II ASSETS (1) Non-Current Assets : (a) Fixed Assets (i) Tangible Assets Plant and Machinery (3,50,000+3,20,000-20,000) 6,50,000 (ii) Intangible Assets Goodwill (W. Note-4) 21,500 (2) Current Assets (a) Inventories - stock (35,000+15,000-1000) 49,000 (b) Trade Receivables Debtors (60,000+30,000-10,000) 80,000 Bills Receivables (10,000+8,000-8,000) 10,000 (c) Cash and Cash Equivalents (11,000+30,000) 41,000 Total 8,51,500 Working Notes: Debentures are liabilities to outside parties and will be cancelled only to the extent of debentures held in the group. Degree of control = 1500 shares : 2000 shares = 3 : 4; minority = 1/4th Calculation of H Limited's Share and Minority Interest Particulars Total (₹) H Ltd. Share (₹) Minority Interest (₹) (a) Capital Profit (1) Pre acquisition profit (4,000) (2) Pre acquisition Reserve 30,000 (3) Revaluation Loss (20,000) 6,000 4,500 1,500 (b) Post-acquisition profit Profit as per Balance Sheet 10,000 Add: Pre acquisition Loss 4,000 14,000 10,500 3,500 (c) Post acquisition Reserve General Reserve as per Balance Sheet 40,000 (-) Pre acquisition General Reserve (30,000) 10,000 7,500 2,500 (d) Share Capital 2,00,000 Minority Interest (2,00,000 × 1/4) 50,000 H Limited's Share (2,00,000 × 3/4) 1,50,000 Total Minority Interest 57,500 Calculation of Goodwill / Capital Reserve Cost of Investment 1,80,000 Debentures 36,000 2,16,000 Less: Capital Profit (4,500) 2,11,500 Less: Face value of shares acquired 1,50,000 Face value of Debentures acquired 40,000 (1,90,000) 21,500 Profit and Loss Account H Limited 30,000 Shares from S Limited 10,500 40,500 Less: Unrealized profit on stock [1/2 × (10,000 × 20%)] (1,000) 39,500 General Reserve H Limited 60,000 Shares from S Limited 7,500 Total 67,500