From the following Balance sheets as on 31st March 2018 and 31st March 2019 of M/S. Asha Pvt. Ltd. Balance Sheet Liabilities 2018 Rs. 2019 Rs. Assets 2018 Rs. 2019 Rs. Share Capital 4,00,000 5,00,000...

Liabilities

2018     Rs.

2019

Rs.

Assets

2018

Rs.

2019

Rs.

Share Capital

4,00,000

5,00,000

Fixed Assets

5,40,000

6,72,000

General Reserve

20,000

40,000

Investments

1,30,000

90,000

Profit & Loss A/c

50,000

60,000

Stock

90,000

85,000

12% Debentures

1,00,000

1,50,000

Debtors

25,000

45,000

Creditors

1,35,000

45,000

Bills Receivable

-

35,000

Proposed Dividend

40,000

50,000

Cash

10,000

5,000

Provision for Tax

60,000

80,000

Bank

8,000

-

Bank Overdraft

-

10,000

Misc. Expenditure

2,000

3,000

8,05,000

9,35,000

8,05,000

9,35,000