From the following balance sheet, prepare consolidated balance sheet of Dinesh Limited, which has one subsidiary namely

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From the following balance sheet, prepare consolidated balance sheet of Dinesh Limited, which has one subsidiary namely Deepak Limited:

Liabilities Share capital (face value * 100 each) General reserve Profit and loss a/c Sundry creditors

Deepak Limited had a credit balance of  ₹45,000 in its profit and loss account as on April 1, 2010. Dinesh Limited acquired shares in Deepak Limited on October 1, 2010.

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Financial Accounting

ISBN: 9780071078023

1st Edition

Authors: Dhanesh K. Khatri

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