The following balances have been extracted from the books of Pioneer Traders Ltd. as on 31st March,
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The following balances have been extracted from the books of Pioneer Traders Ltd. as on 31st March, 2017:
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Share Capital (Authorised and Issued): Equity (15,00,000) Shares of 100 each 8% Redeemable Preference (40,000 Shares) Securities Premium Preference Share Redemption General Reserve Land (cost) Buildings (cost less depreciation) Furniture (cost less depreciation) Motor Vehicle (cost less depreciation) Gross Profit Establishment Charges Rate, Taxes and Insurance Commission Discount Received Interest on Investments Depreciation Sundry Office Expenses Payment to Auditors Particulars Sundry Debtors and Creditors Profit and Loss Account (as on 1.4.2016) Unpaid Dividend Cash in Hand Cash at Bank in Current Account Security Deposit Outstanding Expenses Investments in G.P. Notes 4,800 30,000 70,000 2,000 3,500 25,000 1,200 600 6,000 6,000 400 10,660 - 1,200 19,500 1,000 20,000 ₹ 1,50,000 4,000 2,500 10,000 90,000 500 800 2,560 1,000 200 600 T
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