The assets of ABC Limited consists of fixed and current while its current liabilities comprise bank credit and trade credit in the ratio of 3:1. From the following figures relating to the company for the year.2015. Share capital Co-Working capital As MP Gross profit Stock turnover - Co Average collection period Current ratio - Quick ratio - sde drab Reserves and surplus to cash Current Assed start ful Rs.299,500 90,000 25% Required: Prepare its balance sheet showing the details for working: 8 1.5 months 2.5 1.5 4.5 Page 1 of 3

The assets of ABC Limited consists of fixed and current while its current liabilities comprise bank credit and trade credit in the ratio of 3:1. From the following figures relating to the company for the year.2015. Required: Prepare its balance sheet showing the details for working