Question #3: Statement of Financial Position as oh 31 March 2005 Rs. Capital & liabilities Share capital Bank loan Current liabilities Creditors for goods .. Rs. Assets 65,000 Non-current assets 30,0b0 Building 40.000 10.000 15.000 Furniture : ? . 10; 0,000 Van Current assets Stock in trade Debtors Cash & banks 15,000 20,000 5,000 105,000 :::.;3xst .. : 105.000 Creditors represent one monh's purchases and debiors represent one and a half months'sales for the year ended 3 1st March, 2006 . .. (1 ) Purchase will increase by 20% in volume : 2) Prices of purchases will increase by 9 % ixpenses will total Rs. 36,000 for 2005-2006 including depreciation 5 % on building