The following was the Balance Sheet of Zodiac Ltd. as at 30.9.2016 : I. EQUITY AND LIABILITIES
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The following was the Balance Sheet of Zodiac Ltd. as at 30.9.2016 :
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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital (b) Reserves and Surplus - General Reserve (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (a) Long-term Borrowings (4) Current Liabilities: (a) Trade Payables TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets Balance Sheet of Zodiac Ltd. as at 30th September, 2016 Particulars (1) (i) Tangible Assets (2) Current Assets : TOTAL (d) Cash and Cash Equivalents Note No. (2) (1) (2) (3) Amount (₹) (3) 2,00,000 2,10,000 - 40,000 4,50,000 4,00,000 50,000 4,50,000
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Journal Entries Date Particulars Debit Credit 30092016 Share Capital 210000 Reserves and Surplus Gen...View the full answer
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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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