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Illustration : 11, The Balance Sheets of H Ltd and S Ltd as at 31.03.2009 were as follows :, S Ltd., Liabilities, H Ltd., Assets, H Ltd., S Lad., Shares of 1 Each, Profit and Loss A/c, General Reserve, (3), 10,000, 4,000, 1,000, 2,000, 2,000 Fixed Assets, 1,200 Stock, 600 Debtors, 1,200 Bills Receivable, 300 1500 shares in S Ltd., 5,300, 8,000, 6,100, 1,300, 100, 1,20, 2,40, 1,70, Creditors, Bills Payable, 17,000, 1,500, 17,000, 53