Prime Stores Ltd has the following balances in Reserves and surplus:- Debenture Redemption Reserve 5,00,000 Securities Premium Reserve 6,00,000 Surplus i.e. balance in statement of Profit and Loss A/c (1,50,000) During the year ended 30/03/2016 it earned a profit after tax of . $5,00,000 . It decided to appropriate 1,00,000 towards DRR , 1,25,000 towards General reserve and declare a final dividend of $.75,000. Prepare Notes to account on Reserves and Surplus.