B Ltd. is absorbed by A Ltd. on 31st March, 2016 on the basis of the following Balance Sheets:The following is the scheme of absorption:

(i) Prior to absorption A Ltd. was to declare a dividend of 25%.

(ii) For every share in B Ltd. 14 fully paid-up equity shares in A Ltd. were to be issued.

(iii) For each debenture in B Ltd. 10, 7/2% preference shares of ₹ 100 each of A Ltd. were to be issued as fully paid. Directors of A Ltd. decided to revalue the shares in B Ltd. according to their intrinsic value just before absorption. Draw-up Balance Sheet of A Ltd. after absorption is completed. Show necessary workings.

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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital -2,00,000 Equity Share of * 5 each fully paid (b) Reserves and Surplus - General Reserve (2) Share Application Money Pending Allotment : (3) Non-current Liabilities: (4) Current Liabilities: (a) Trade Payables-- Sundry Creditors TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets (i) Tangible Assets: Factory Shed Machinery Furniture (b) Non-current investments: Balance Sheet of A Ltd. as at 31st March, 2016 (2) Current Assets: (a) Inventories (b) Trade receivables (c) Cash and cash equivalents TOTAL 500 Shares in B Ltd. Debenturs in B Ltd. Others Particulars (1) Note No. (2) Amount (3) 10,00,000 2,50,000 2,50,000 15,00,000 5,00,000 3,00,000 50,000 50,000 50,000 70,000 2,20,000 2,00,000 60,000 15,00,000