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Q.5 From the following particulars furnislied by M Lid.. prepare the Balance Sheet as on 31sh The following additional information is also provided: i) 10.000
Q.5 From the following particulars furnislied by M Lid.. prepare the Balance Sheet as on 31sh The following additional information is also provided: i) 10.000 Eyuity shares Were issued for consideration bher than cash ii) Trade receivables of Rs 2.6(0).010) are due for more than 6 months iii) The cost of Assets were: Building Rs. 30.00.00(1. Pliml and Matchinery Rs. 35.00.000 and Furniture Rs. 3,12,500 iv) The Balance of Rs 7.50.0(0) in the I.nin accounl will State Finance Corporation is inclusice of Rs 37.500 fir Interest Acertued hut not duc. The Loan is secured by IIypotheciation of Plant and Machinery 1) Balance al Bianh includes Rs.10.000 with Omegia Bank 1.1d which is not a Scheduled Bimh [14]
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