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Prepare a vertical balance sheet from the following information: (10 Marks) Liabilities Rs. Assets Rs. Share capital Share Premium Account General Reserve Profit and Loss
Prepare a vertical balance sheet from the following information: (10 Marks) Liabilities Rs. Assets Rs. Share capital Share Premium Account General Reserve Profit and Loss account 6% Debenture Bank Loan (Long Term) Bank Overdraft Sundry Creditors Provision for Taxation 1,50,000 5,000 60,000 17,000 50,000 35,000 20,000 60,000 10,000 Goodwill Land and Building Plant (at cost less dep.) Furniture (at cost less dep.) Investment (Trade) Debtors Stock Cash at Bank Prepaid expenses Preliminary expenses 20,00
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