Question Bank Solutions 15386. Concept Notes & Videos 439. ` I. This preview shows page 65 - 68 out of 189 pages.. Naina was admitted with 1 6 th share in the profits of the firm. kinshukgupta1200 kinshukgupta1200 28.04.2020 Accountancy Secondary School The following is The balance Sheet of Bhushan Ltd as It 31st March, 2012 1 See answer kinshukgupta1200 is waiting for your help. Balance Sheet as at 31st March, 2019 In terms of our report attached For Deloitte Haskins & Sells Chartered Accountants P. R. RAMESH Partner Gurugram, 13th May, 2019 The accompanying notes 1 to 30 are an integral part of the Financial Statements. CBSE CBSE (Commerce) Class 12. Join now. Get the annual and quarterly balance sheet of AKASH AGENCIES LTD. (501413.BO) including details of assets, liabilities and shareholders' equity. following is the balance sheet of Akash Ltd. as on 31st mar 2014. (Delhi 2012; Modified) Ans. Leave this field empty if you're human: Akash Co-operative House Building Society Ltd. was established by experienced professionals in real estate a decade before. 100 Each Plant & Machinery 18,00,000 14% Preference 10,00,000 Furniture 4,20,000 Shares ofRs. Reserve and Surplus 3,50,000 2,00,000 First Name * Email * How the Balance Sheet is Structured . Balance Sheet of X ltd as on 31.12.2007. Showing your workings clearly Particulars Note No. 100... Posted 6 years ago. The Balance Sheet Page of Raymond Ltd. presents the key ratios, its comparison with the sector peers and 5 years of Balance Sheet. Log in. From the following Balance Sheet as SRS Ltd and the additional information as in 31.3.2016, prepare a Cash Flow Statements: Additional Information: (i) ₹50,000 12% debentures were issued on 31.3.2016 (ii) During the year a piece of machinery costing ₹40,000 on which accumulated depreciation was ₹20,000 was sold at loss of ₹5,000. From the following balance sheet of a company, calculate debt equity ratio, total assets to debt ratio and proprietary ratio . State whether the following statements are true or falsE.1.In absorption, no new company is formed. You may use online sources to write about… Absolute Amounts Percentage of Balance Sheet Total 31st … Time Tables 18. Sloution of answer s 76 Analysis of Financial Statements—CBSE XII Q 20 Following is the Balance Sheet of Sreshtha Ltd as on 31st March, 2014: Note No 31st March, 31st Mart,: Particulars i EQUITY ANDLIABILITIES 1 Shareholders' Funds (a) Share Capital (b) Reserves - Accountancy - Question: Sunshine Enterprise Ltd. From the following Balance Sheet as SRS Ltd and the additional information as in 31.3.2016, prepare a Cash Flow Statements: Additional Information: (i) ₹50,000 12% debentures were issued on 31.3.2016 (ii) During the year a piece of machinery costing ₹40,000 on which accumulated depreciation was ₹20,000 was sold at loss of ₹5,000. Shankar, a shareholder holding 5,000 shares did not pay the first call on the due date. Advertisement Remove all ads. Join now. (ii) Tax ? Started Its Operation In 2015.The Following Is The Balance Sheet Of Sunshine Enterprise Ltd As At Dec. 31, 2015. Following is the Balance sheet of K.K Ltd as at 31st March, 2015. Thank You. Textbook Solutions 11268. Illustration 21. Now the Dastkar Co-Operative House Building Society is having biggest covered land among … Following is the Balance Sheet of Govind Ltd. as on March31 st Liabilities Amount Paid-up Capital 8,000 Equity Shares of Rs.100 8,00,000 8% Debentures 14,00,000 Accrued Interest 70,000 Total Creditors 4,50,000 Income Tax Liability 10,000 27,30,000 Assets Amount Fixed Assets Land, Buildings & Machinery 14,00,000 Other Assets Stock 1,00,000 Debtors 40,000 Investment 15,000 Cash in Hand … Following is the Balance Sheet of X Ltd. as at 31st March, 2019: Particulars Note No. 2 ; View Full Answer these are working notes of provision for tax account,, machinery account and accumulated depreciation and cash flow from operating activities. Mona and Tina were partners in a firm sharing profits in the ratio of 3 : 2. Prepare Cash Flow Statement: from the Following Balance Sheet and Information of Volvo Ltd., Prepare Cash Flow Statement: CBSE CBSE (Commerce) Class 12. Textbook Solutions 11268. Pellentesque habitant morbi tristique senectusnetus et malesuada fames ac turpis egestases . Click here 👆 to get an answer to your question ️ the following is The balance Sheet of Bhushan Ltd as It 31st March, 2012 1. Shareholders’ Funds (a) Share Capital 20,00,000 (b) Reserves and Surplus … Balance Sheet of Akash Infraprojects Ltd (AKASH) for last 10 years including Book Value, Equity capital Shareholding, Liabilities, capital Employed , Current assets, Total Assets, cash and bank balance, total debt, CAGR growth for 1, 3 5, 7 and 10 years Shares… Share Capital b. Following is the balance sheet of Kalpataru Construction Ltd. as on 31 st M arch, 2011 . From the following Balance Sheets of Tiger Super Steel Ltd., prepare Cash Flow Statement: Balance Sheet of Tiger Super Steel Ltd. as at 31st March 2014 and 31st March 2017 The following is the balance sheet of Kajaria Ltd. as at 31st March, 2012: Intangible Assets, ... on the basis of Balance Sheet valuation; (ii) Akash Ltd.’s shares, which are unquoted are to be taken at the higher of the value as on (a) yield basis, and (b) the balance sheet basis. The claim on account of workmen's compensation was determined at ₹ 40,000. Ask your question. 3 The following ledger balances were extracted from the books of Akash Ltd on from FINANCE 3200 at Vanderbilt University Following Was the Balance Sheet of M.M Ltd at on 31.3.2015. Question By default … EQUITY AND LIABILITY : 1. Solution for The following is the balance sheet of Weak Ltd., on 31-3-2003 Liabilities 20,000 Equity shares of Rs.10 each 2,00,000 Patents 500 10% Pref. Additional Information During the year a building having book value Rs 1,25,000 was sold at a loss of Rs 8,000 and depreciation charged on building was Rs 20,000. Following is the balance sheet of Vertical Ltd. as on 31st March, 2013: Amount (`) I EQUITIES AND LIABILITIES 1. Metacaf Ltd. issued 50,000 shares of ₹100 each payable ₹20 on application (on 1st May 2012); ₹30 on allotment (on 1st January 2013); ₹20 on first call (on 1st July 2013) and the balance on final call (on 1st February 2014). Additional Information: (i) 12 % Debentures were redeemed on 31st March, 2015. You may use online sources to write about the ratios. 55.From the following balance sheet of BCR Ltd as at 31st March, 2010 and 2011. The following is the balance sheet of OhNo Ltd: OhNo Ltd Balance Sheet as at 30 June 2010 ($’000) Cash 5,000 (1) Accounts Payable 10,000 Accounts Receivable 20,000 … From the following balance sheet of Sohel & Co Ltd as at 315 March 2013 and also comment on the ratios. Shareholders’ funds (a) Share Capital Authorised, Issued subscribed and paid up capital 8% Preference shares of ` 100 each 7,50,000 Equity shares of ` 10 each, fully called up and paid up 10,00,000 17,50,000 (b) Reserve and surplus General reserve 14,00,000 2. 31.3.2018 (₹) 31.3.2017 (₹) I. Balance Sheet; OUR. Please find this answer. At the time of admission, Workmen's Compensation Reserve appeared in the Balance Sheet of the firm at ₹ 32,000. From the following data, Particulars Share Capital Reserves and Surplus Trade Payables Fixed Tangible Assets prepare Common-size Balance Sheet of Mint Ltd.: 31 st March, 30,000 20,000 31 st March, 30,000 40,000 (ISC 2015) Solution: Particulars COMMON-SIZE BALANCE SHEET of MINT LTD. as at 31st March, 2014 and 2013 Note No. From the following Balance Sheet of Dreams Converge Ltd as at 31.3.2018 and 31.3.2017; Calculate Cash from operating activities. Log in. - Accountancy . Share with your friends. Question Papers 1786. Excess of claim over the reserve will be: The following is the balance sheet of X Ltd. as on 31 March 2011: Liabilities Assets Equity Shares of 30,00,000 Land & Building 20,00,000 Rs. 54.From the following balance sheet of JN Ltd as on 31st March, 2010 and 2011, prepare a cash flow statement. Taking into account the following adjustments, prepare Trading and Profit & Loss Account and the Balance Sheet as at 31st March, 2016:- 1. 1. Form the following Balance Sheet of Star Ltd as at 31st, March 2019, prepare Cash Flow Statement: Additional Information : (i). Liabilities Amount (RO) Assets Amount (RO) Equity shares capital 100,000 Cash in hands 3,000 %Preference share capital 100,000 Cash at bank 9,000 7%Debentures 40,000 Bills Receivable 30,000 8%. The balance sheet is based on the fundamental equation: Assets = Liabilities + Equity Using this template, you can add and remove line items under ea . Important Solutions 3417. Share 0. EQUITY AND LIABILITIES 1. NEWSLETTER. 40,000 on which accumulated depreciation was … Stock on 31st March, 2016 was valued at ₹ 46,000. Syllabus. From the following data relating to the liabilities side of balance sheet of X Ltd., for the period March 31, 2012 to 2015, asked Nov 8, 2019 in Accounts by Ranjeet01 ( … Question Papers 1786. Following is the Balance Sheet of Sreshtha Ltd. As on 31st March, 2014: Notes to Accounts > Prepare a Cash Flow Statement after taking into account the following adjustment: During the year, a piece of machinery costing Rs. Balance Sheet Template Download the free Excel template now to advance your finance knowledge! From the following Balance sheet of Exe Ltd. As at 31st March, 2019,prepare Comparitive Balance sheet: Shareholder’s Fund: 7,00,000 5,00,000 a. Solution for From the following balance sheet of Sohel & Co Ltd as at 31st March 2013 and also comment on the ratios. Following Was the Balance Sheet of M.M Ltd at on 31.3.2015. 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