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    Shruti Rastogi
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    This balance sheet shows the financial position of Paradox Ltd. as of April 1st, 2022. It lists assets totaling Rs. 70,93,092.86 including fixed assets of Rs. 22,50,000 and current assets of Rs. 48,43,092.86. Liabilities are shown totaling the same amount, including capital account of Rs. 28,50,000, loans of Rs. 21,50,000 and current liabilities of Rs. 12,34,470.

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    This balance sheet shows the financial position of Paradox Ltd. as of April 1st, 2022. It lists assets totaling Rs. 70,93,092.86 including fixed assets of Rs. 22,50,000 and current assets of Rs. 48,43,092.86. Liabilities are shown totaling the same amount, including capital account of Rs. 28,50,000, loans of Rs. 21,50,000 and current liabilities of Rs. 12,34,470.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    10 views1 page

    BSheet

    Uploaded by

    Shruti Rastogi
    This balance sheet shows the financial position of Paradox Ltd. as of April 1st, 2022. It lists assets totaling Rs. 70,93,092.86 including fixed assets of Rs. 22,50,000 and current assets of Rs. 48,43,092.86. Liabilities are shown totaling the same amount, including capital account of Rs. 28,50,000, loans of Rs. 21,50,000 and current liabilities of Rs. 12,34,470.

    Copyright:

    © All Rights Reserved
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    of 1

    Paradox Ltd.

    Chanakyapuri

    Balance Sheet
    For 1-Apr-22

    Liabilities as at 1-Apr-22 Assets as at 1-Apr-22

    Capital Account 28,50,000.00 Fixed Assets 22,50,000.00


    Reserves & Surplus 7,50,000.00 Land 19,00,000.00
    Capital Account 21,00,000.00 Machinery 3,50,000.00

    Loans (Liability) 21,50,000.00 Investments


    Secured Loans 6,00,000.00
    Unsecured Loans 13,00,000.00 Current Assets 48,43,092.86
    Loan From Promoters 2,50,000.00 Closing Stock 20,82,392.86
    Sundry Debtors 9,52,200.00
    Current Liabilities 12,34,470.00 Cash-in-Hand 35,000.00
    Duties & Taxes 78,780.00 Bank Accounts 17,03,500.00
    Provisions 1,00,000.00 Bills Receivable 70,000.00
    Sundry Creditors 3,75,540.00
    Bills Payable 6,20,150.00
    Rent Outstanding 25,000.00
    Salaries Outstanding 35,000.00

    Profit & Loss A/c 8,58,622.86


    Opening Balance 3,80,000.00
    Current Period 4,78,622.86

    Total 70,93,092.86 Total 70,93,092.86

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