Amba Ltd is a leading consumer goods chain with a network of 46 stores primarly across Mumbai, Delhi and Pune.The balance sheet of the company as on March 31, 2020 gives you the following Information: 8% Debentures 10,00,00,000 Equity share capital 50,00,00,000 Securities premium 2,00,000Preliminary expenses 4,00,000 Statement of Profit & Loss (cr.) 1,50,000 Loose tools 2,00,000 Bank balance 6,00,000 Cash in hand 38,000Answer the following questions based on the above information:1. The Reserves & surplus of the Company to be shown in the Balance sheet is a) ₹(50,000) b) ₹2,00,000 c) ₹1,50,000 d) ₹4,00,0002. Loose tools will be shown under the heading----------------- a) Noncurrent assets b) Current assets c) Inventories d) Intangible assets3. Cash & Cash equivalents of the company is------------------- a) ₹6,00,000 b)₹38,000 c) ₹6,38,000 d) ₹5,62,0004. Long term borrowings of the company is a) ₹10,00,00,000 b) ₹50,00,00,000 c) ₹4,00,000 d) ₹1,50,000