Pa and Ma Ltd bought 60 per cent of the shares of Son and Daughter Ltd on 31 March 20X4. The balance sheets of the two companies on 31 March 20X5 are as follows. You are to draw up a consolidated balance sheet as at 31 March 20X5.

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Investment in Son and Daughter Ltd: 60,000 shares bought 31.3.20X4 Fixed assets Current assets Share capital Profit and loss account: As at 31.3.20X4 Add Profit for 20X5 Pa and Ma Balance Sheet as at 31 March 20X5 General reserve f 31,000 39,000 யு 3 64,000 190,000 46,000 300,000 200,000 70,000 30,000 300,000