Additional Information:
1. Interest received on debentures held as investment Rs. 8,000.
2. Interest paid on debentures issued Rs. 20,000.
3. Dividend received on shares held as investment Rs. 20,000.
4. Dividend paid on Equity Share Capital Rs. 30,000.
5. A plot of land was purchased out of the surplus funds for investment purposes and was let out for commercial use. Rent received Rs. 50,000 during the year.

SOLUTION