Scribd Logo
Upload

Welcome to Scribd!

  • Furniture: Balance Sheet of Yellow Company As at (Amounts In)

    Uploaded by

    sri sai kowtilya sureddi
    70 views7 pages
    The balance sheets show the assets, liabilities and capital of Yellow Company over several years from May 2001 to May 2022. Its assets included cash, furniture and stocks, while its liabilities included capital, amounts owed to the wife and retained earnings. The balance sheet of Red Company from September 2001 to September 2010 is also shown, with its assets as stocks and cash, and capital and retained earnings as liabilities. The income statements provide the sales, expenses and profits/losses of Red Company from September 2001 to September 2010 and Yellow Company from May 1 to May 31.

    Original Description:

    red yellow

    Original Title

    Red and Yellow

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The balance sheets show the assets, liabilities and capital of Yellow Company over several years from May 2001 to May 2022. Its assets included cash, furniture and stocks, while its liabilities included capital, amounts owed to the wife and retained earnings. The balance sheet of Red Company from September 2001 to September 2010 is also shown, with its assets as stocks and cash, and capital and retained earnings as liabilities. The income statements provide the sales, expenses and profits/losses of Red Company from September 2001 to September 2010 and Yellow Company from May 1 to May 31.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    70 views7 pages

    Furniture: Balance Sheet of Yellow Company As at (Amounts In)

    Uploaded by

    sri sai kowtilya sureddi
    The balance sheets show the assets, liabilities and capital of Yellow Company over several years from May 2001 to May 2022. Its assets included cash, furniture and stocks, while its liabilities included capital, amounts owed to the wife and retained earnings. The balance sheet of Red Company from September 2001 to September 2010 is also shown, with its assets as stocks and cash, and capital and retained earnings as liabilities. The income statements provide the sales, expenses and profits/losses of Red Company from September 2001 to September 2010 and Yellow Company from May 1 to May 31.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 7

    Balance Sheet of Yellow Company a

    PARTICULARS May-01 May-03


    ASSETS
    credit to customer
    STOCKS
    furniture 10,000
    CASH 125,000 115,000
    TOTAL ASSETS 125,000 125,000
    LIABILITIES
    CAPITAL 50,000 50,000
    Wife 75,000 75,000
    Cement delaer
    RETAINED EARNINGS
    BANK LOAN
    TOTAL LIABILITIES 125,000 125,000

    Check 0 0
    Balance Sheet of Red Company as at
    PARTICULARS Sep-01 Sep-03
    ASSETS
    honest
    STOCKS 175,000 175,000
    furniture
    CASH 50,000 50,000
    TOTAL ASSETS 225,000 225,000
    LIABILITIES
    CAPITAL 225,000 225,000
    RETAINED EARNINGS
    TOTAL LIABILITIES 225,000 225,000

    Check 0 0
    w Company as at (Amounts in ₹)
    May-10 May-15 May-22

    60,000
    50,000
    10,000 10,000 10,000
    115,000 115000.00 175,000
    175,000 185,000 185,000

    50,000 50,000 50,000


    75,000 75,000 75,000
    50,000 50,000 50,000
    10,000 10,000

    175,000 185,000 185,000

    0 0 0
    ny as at (Amounts in ₹)
    Sep-04 Sep-10

    125000

    50,000 150000.00
    175,000 150,000

    225,000 225,000
    (50,000) (75,000)
    175,000 150,000

    0 0
    ts in ₹)
    May-23 May-31

    10,000 10000
    125,000 100000
    135,000 110,000

    50,000 50000
    75,000 50000

    10,000 10000

    135,000 110,000

    0 0
    Income Statement of the Red
    Company
    for the period Sept-01 to Sept-10
    Sales 100,000
    Less: Expense( 175,000
    loss (75,000)
    Income Statement of the Yellow Company
    for the period May-1 to May-31
    Sales 60,000
    Less: Expense( Material) 50,000
    Profits 10,000

    You might also like