Answer Happy

Please show all the working.
Q.9 The following are the Balance Sheets of Anil Ltd. and Sunil Ltd. as on 31st March, 2010: Balance Sheets as on 31st March, 2010 Liabilities Anil Ltd. Sunil Ltd. Rs. Rs. Share capital of Rs. 100 each 5,00,000 3,00,000 Reserves and surplus General Reserve 40,000 10,000 Profit & Loss A/C 70,000 5,000 Current liabilities Bills Payable 50,000 25,000 Creditors 140.000 60.000 8,00.000 4,00,000 Assets Anil Ltd. Sunil Ltd. Rs. Rs. Fixed Assets Land and Building 2,00,000 1,00,000 Plant and Machinery 1,50,000 2,00,000 Investment in 2,700 shares in Sunil Ltd. at cost 2,97,000 Current Assets Stock 40,000 30,000 Debtors 50,000 60,000 Bills Receivable 63.000 10.000 8,00,000 4,00,000 Additional Information: (1) On the date of purchase of shares there was no balance in General Reserve and Profit & Loss A/c showed debit balance of Rs. 10,000 in the books of Sunil Ltd. (2) Debtors of Sunil Ltd. includes Rs. 40,000 due from Anil Ltd. (3) Bills payable of Sunil Ltd. includes Rs. 18,000 issued in favour of Anil Ltd. of which discounted bills Rs. 3,000 of them. (4) Stock of Sunil Ltd. include Rs 4,000 being purchased from Anil Ltd. on which latter company made profit of 33 1/3 % on cost price. (5) On the date of acquisition of shares, Anil Ltd. Revalued plant & machinery of Sunil Ltd. Rs. 1,90,000 only. Show detail working and prepare consolidated Balance Sheet.