The following is the Balance Sheet of D Company Ltd. as on 31st March, 2016:

The assets are valued as follows: 

Current assets at .................. 2,35,000; 

Fixed assets at ......................  2,80,000; 

Goodwill at ............................     60,000. 

Calculate the value of equity shares and preference shares. The preference shares are non-participating.

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Balance Sheet of D Company Ltd. as at 31st March, 2016 Particulars (1) I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital (b) Reserves and Surplus -- General Reserve TOTAL Profit and Loss Account (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (4) Current Liabilities: (a) Short-term Borrowings (b) Trade Payables -- Creditors (c) Short-term Provisions - Proposed Preference Dividend Note No. (2) (1) Amount (₹) (3) 5,00,000 45,000 18,000 12,500 70,000 13,500 6,59,000