Q.No.4 The assets of XYZ Limited consists of fixed and current while its current liabilities comprise bank credit and trade credit in the ratio of 2:1. From the following figures relating to the company for the year 2017. Share capital Working capital Gross profit Stock turnover Average collection period Current ratio Quick ratio Reserves and surplus to cash Rs.199,500 45,000 20% 6 2 months 1.5 0.9 heftovite 3 Required: Prepare its balance sheet showing the details for working.

Q.No.4 The assets of XYZ Limitod consists of fixed and current while its current liabilities comprise bank credit and trade credit in the ratio of 2:1. From the following figures rolating to the company for the year 2017. Required: Prepare its balance sheet showing the details for working