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Pass journal entry and prepare revised balance sheet

The balance sheet of National Industries Ltd. on 31st March 2017 was as follows:
Liabilities
Amount
Assets
Amount
Preference shares of Rs.100 each
2,00,000
Goodwill
15,000
Equity shares of Rs.100 each 4,00,000

Free hold
properties
2,00,000

Additional information with the image is

The value of plant to be increased by
Rs.50,000

Pass journal entry and prepare revised balance sheet The balance sheet of National Industries Ltd on 31st March 2017 was as follows Liabilities Amount Assets Am class=

Answer :

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Answer:

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