12. The following are the Balance sheet of the Sun Ltd. And moon Ltd. As on Dec. 31,1996Liabilities Sun LtdRs.Moon LtdRs.Assets Star LtdRsSun LtdRsShare Capital:Shares of Rs.10 each XXXXXXXXXXFixed...

12. The following are the Balance sheet of the Sun Ltd. And moon Ltd. As on Dec. 31,1996Liabilities Sun LtdRs.Moon LtdRs.Assets Star LtdRsSun LtdRsShare Capital:Shares of Rs.10 each 200000 50000 Fixed assets 195000 70000General reserve 50000 20000 InvestmentsProfit & loss A/cBalance on 1.1.9630000 7500 Shares in Moon Ltd. 60000 -Profit for 1996 50000 20000 Sundry debtors 35000 25000Sundry Creditors 20000 10000 Other current assets 60000 12500350000 107500 350000 107500a. Sun Ltd. Purchased on July 1,1996 4000 shares in moon Ltd. At Rs.15 each.b. Stock in Moon Ltd. Includes Rs. 7500 worth of goods purchased from sun Ltd.Which company sells goods at 25% above cost.c. Creditors of Moon Ltd. Include Rs. 5000 due to sun Ltd.Prepare a consolidated Balance sheet as on December 31.1996