3. Property, Plant and Equipment Land and Building 58.00 44.00 Plant and machinery 7.50 4.50 Other Assets 3.20 1.75 68.70 50.25 ADVANCED ACCOUNTING Other Information:

All Options:

• A(i) Realisation Account Light Ltd. (` In lakhs) Bright Ltd. (` In lakhs) Light Ltd. (` In lakhs) Bright Ltd. (` In lakhs) To Sundry Assets, transfer : By Long term provision 1.50 - To Land & Building, 58.00 44.00 By Trade payables 3.40 2.00 To Plant & machinery 7.50 4.50 By Rainbow Ltd. - purchase 80.00 64.00 To Other assets 3.20 - To Inventories 5.75 7.10 To Trade receivable 4.30 5.80 To Cash & Bank Balance 3.15 3.35 To Equity Shareholders - profit 3.00 1.25 84.90 66.00 84.90 66.00 (ii) Shareholders Account Light ltd. (` In lakhs) Bright Ltd. (` In lakhs) Light Ltd. (` In lakhs) Bright Ltd. (` In lakhs) To Shares in Rainbow Ltd. 80.00 64.00 By Share Capital A/c - transfer 50.00 40.00 By Statutory reserve 2.00 - By General Reserve 18.00 15.00 By Securities premium - 5.00 By Profit & Loss A/c 7.00 2.75 By Realisation A/c 3.00 1.25 80.00 64.00 80.00 64.00 ✓
• BBalance Sheet of Super Rainbow Ltd. Particulars Notes (` In lakhs) Equity and Liabilities 1 Shareholders' funds A Share capital 1 144.00 B Reserves and Surplus 2 1.00 2 Non-current liabilities A Long-term provisions 1.50 3 Current liabilities A Trade Payables 5.40 Total 151.90 ADVANCED ACCOUNTING Assets 1 Non-current assets A Property, Plant and Equipment 3 121.20 B Intangible assets 4 1.25 2 Current assets Inventories 12.85 Trade receivables 10.10 Cash and cash equivalents 6.50 Total 151.90
• CNotes to Accounts (` In lakhs)
• D