P Ltd. acquired 6,000 Equity Shares of ₹ 10 each in S Ltd. on December 31, 2015. The summarised Balance Sheets of P Ltd. and S Ltd. as on that date were:

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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital (b) Reserves and Surplus (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (4) Current Liabilities: Trade Payables: Balance Sheets of P Ltd. and S Ltd. as at 31st December, 2015 P Ltd. TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets Particulars (1) Sundry Creditors Bills Payable (Including 1,000 to P Ltd.) (2) Current Assets: (i) Tangible Assets ---Plant and Machinery (b) Non-current Investments - 6,000 Equity Shares in S Ltd. TOTAL (a) Current Investments (b) Inventories (c) Trade Receivables -- Bills Receivable (including 1,000 from S Ltd.) (d) Cash and Cash Equivalents -- Cash in Hand Note No. (2) (1) (2) (3) 3,00,000 70,000 - 35,000 4,05,000 2,53,000 1,00,000 30,000 2,000 20,000 4,05,000 S Ltd. ₹ (4) 80,000 54,000 T 17,500 3,500 1,55,000 1,28,000 10,000 17,000 1,55,000