Following are the Balance Sheets of Pawan Ltd Share Capital ₹ 3,00,000 Reserves & Surplus ₹ 2,07,000
Solution:- Hint: (1) Current year’s Depreciation ₹ 20,000. (2) Purchase of Non-Current Investments ₹ 15,000. (3) Increase in Intangible Assets will be treated as purchase of Intangible Assets.