The following are the Balance Sheets of H Ltd. and its subsidiary S Ltd. as at 31st December, 2015:

H Ltd. acquired the shares in S Ltd. on 1st April, 2015. The Profit and Loss Account of S Ltd. showed a debit balance of ₹ 3,00,000 on 1st January 2015. Creditors of Y Ltd. include ₹ 40,000 for goods supplied by H Ltd. on which H Ltd. made a profit of ₹ 4,000. Half of the goods were still in stock on 31st December, 2015. Prepare a Consolidated Balance Sheet as at 31st December, 2015.

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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: Balance Sheets of and as at 31st December, 2015 H. Ltd. (a) Share Capital Equity Share of 100 each fully paid (b) Reserves and Surplus: General Reserve (4) Current Liabilities: Particulars (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (a) Long-term Borrowings-6% Debentures TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets Profit and Loss Account TOTAL Trade Payables Sundry Creditors (i) Tangible Assets (b) Non-current Investments - 3,000 Equity Shares in S. Ltd. at cost Debentures in S. Ltd. at par (2) Current Assets: (a) Inventories (b) Trade Receivables (c) Cash and Cash Equivalents-Cash at Bank Note No. (2) (3) 10,00,000 2,00,000 1,90,000 - 1,20,000 15,10,000 2,40,000 1,20,000 1,80,000 1,20,000 1,50,000 15,10,000 S. Ltd. ₹ (4) 4,00,000 (2,00,000) 2,00,000 90,000 4,90,000 1 80,000 60,000 50,000 4,90,000