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llustration 2: 3 The balance sheet of mathi limited for two years was as follows: Liabilities Assets 2010 2011 2010 2011 Share Capital 40,000 60,000
llustration 2: 3 The balance sheet of mathi limited for two years was as follows: Liabilities Assets 2010 2011 2010 2011 Share Capital 40,000 60,000 56,600 Share Premium 4,000 Land & 27,700 Buildings Plant & 17,800 Machinery 6,000 25,650 General Reserve 3,000 4,500 Profit & Loss A/C 9,750 10,400 5% Debentures 13,000 Creditors 16,750 18,200 Provision For 4,900 5,450 Taxation 78,400 1,17,550 Furniture Stock Debtors Bank 1,200 11,050 18,250 2,400 750 13,000 19,550 2,000 78,400 1,17,550 Additional Information Depreciation written off during the year was: Plant and machinery rs.6,400 Furniture rs. 200 Prepare: a schedule of changes in working capital and a statement of sources and application of funds
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