Answer in a detailed form

(e) On 01.01.2018, AH Ltd. sold to As Ltd. a Machine costing Rs. 2.40.000 at a proth on 25% on selling price. Depreciation at 10% p.a. was provided by As thd on this Machine. (f) AH Ltd. owed AS Ltd. Rs, 2,90,000 but AS Ltd is owed R5, 3,00,000 by AH Ltd. (g) The Land and Building of AS LId. which stood at Rs. 3,00,000 on 01.04.2017. wos considered as worth of Rs.6,92,500 on 01.07.2017, for which necessary adjusiments are yet to be made. (h) All the Bills Payables of AS Ltd. were drawn upon by AH Ltd. (i) The management of AH Ltd. and AS Ltd. wish to recommend a dividend of 15% p.a. and 10\% p.a respectively on equity shares for the year 2017.2018. Required: Prepare the Consolidated Balance Sheet of AH LId. and its subsidiary, as at 31/4 March, 2018 Given below are the extracts trom the aotance sheets of Ar tfd and AS Ltd as at ale Morch, 2018: Note : Contingent liabilify in respect of Bills discounted by AH Ltd. Rs. 50,000. Contingent liability in respect of Bills discounted by AS LA. Rs. 25.000 of which Bills of s. 5.000 were accepted by AH LId. ddifional information : AH Ltd. acquired 40,000 Equity Shares of AS Ltd. and 2,000. 12\% Pret. Shares in AS Lld, on 01.07.2017 at a cost of was Rs. 6,80,000 and Rs. 30,000 respectively. The credit balance of Profit and Loss Account of AS Ltd. as on 01.04.2017 was Rs.2,00,000 and that of General Reserve on that date was Rs. 6,00,000. On 30.09.2017 AS Ltd. declared dividend a 20% on equity shares for the year 2016 2017 AH Ltd. credited the receipt of dividend to its Profit and Loss Account. On 01.01.2018, AS Lfd. issued 2 shares for every 5 shares held, as Bonus shares. No entry has been made in the books of AH Ltd. for the recelpt of these Bonus shares. AH Ltd. purchased goods for Rs. 3 lakhs from AS Ltd. which made a profit of 20% or cost. 80% of these goods were sold by AH Ltd. at a profit of 20% on cost fil 31.03.2018