Prepare the Balance Sheet of Big Bank Ltd as on 31st March, 2016 from the following particulars:
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Prepare the Balance Sheet of Big Bank Ltd as on 31st March, 2016 from the following particulars:The reserve fund is equal to paid-up capital. The profit for the year is arrived at before making adjustment for unexpired discount ₹ 5,000 on bills discounted during the year not matured on 31st March, 2016. Investments include ₹ 5,000 shares of face value ₹ 100 each on which 60 is paid-up. Claims against the bank not acknowledged as debts amounted to ₹ 50,000. Acceptance as on 31st March, 2016 are 2,00,000.
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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