The Balance Sheet of ABC Co. Ltd. discloses the following financial position as at 31.12.2015: I. EQUITY
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The Balance Sheet of ABC Co. Ltd. discloses the following financial position as at 31.12.2015:
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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital (b) Reserves and Surplus - General Reserve Balance Sheet of ABC Ltd. as at 31st December, 2015 (4) Current Liabilities: (2) Share Application Money Pending Allotment : (3) Non-current Liabilities: (a) Long-term Borrowings -7% Mortgage Debentures TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets (a) Trade Payables - Sundry Creditors Particulars (1) Unappropriated Profits TOTAL (i) Tangible Assets Land and Building Plant and Machinery (2) Current Assets: (a) Inventories (b) Trade Receivables - Book Debts (c) Cash and Cash Equivalents-Cash at Bank Note No. (2) () Amount (₹) (3) 2,00,000 10,000 40,000 5,00,000 4,00,000 11,50,000 3,50,000 4,00,000 2,00,000 1,50,000 50,000 11,50,000
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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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