The following are the summarised Balance Sheets of A Ltd. and its subsidiary B Ltd. as on 31.12.2015:

A Ltd. acquired shares in B Ltd. on 1.1.2015 when B Ltd. had 10,000 in General Reserve. No dividend has been declared by B Ltd. in 2015. All bills receivable of A Ltd. are drawn on B Ltd. You are asked to prepare a Consolidated Balance Sheet of A Ltd. and its subsidiary B Ltd. as on 31.12.2015.

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Balance Sheets of A Ltd. and B Ltd. as at 31st December, 2015 A Ltd. I. EQUITY AND LIABILITIES (1) Shareholders' Funds : (a) Share Capital (b) Reserves and Surplus - General Reserve (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (4) Current Liabilities: TOTAL II. ASSETS (1) Non-current Assets : (a) Fixed Assets (a) Short-term Borrowings (b) Trade Payables: Sundry Creditors Bills Payable (i) Tangible Assets: Particulars (1) (2) Current Assets : (a) Inventories Land and Building Plant and Machinery (b) Non-current Investments -7,500 Equity Shares of B Ltd. at cost (b) Trade Receivables : Sundry Debtors Bills Receivable (c) Cash and Cash Equivalents Note No. (2) (1) (3) 5,00,000 10,000 20,000 5,30,000 1,00,000 1,00,000 80,000 90,000 40,000 5,000 1,15,000 B Ltd. ₹ (4) 1,00,000 40,000 - 30,000 5,000 1,75,000 40,000 50,000 - 30,000 30,000 - 25,000