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Balance Sheet
Liabilities Amount Assests Amount
Equity Share 1,20,000 Fixed Assets 1,35,000
Preference Share 60,000
Reserve 90,000
Current Liability Current Assets
Bank O/D 30,000 Other Current Asset 90,000
Other Current Liability 60,000 Stock 1,35,000
Total 3,60,000 Total 3,60,000
In other way we can say PF= FA+CA-Longterm Liability- Current Liability & Total Assets = FA+CA
PR=PF/TA
PR= (FA+CA-CL)/(FA+CA)
0.75=(FA+225000-90000)/(FA+225000)
FA= 135000
PF= Equity Share Capital (2X) + Preference Share Capital (X)+ Reserves
270000= 2X+X+90000
X=180000/3=60000