This balance sheet shows the financial position of BCA-A Company as of April 1st, 2023. It lists current assets of Rs. 2,06,000 including cash, debtors, and furniture. Current liabilities are Rs. 60,000 consisting of creditors. Capital account stands at Rs. 1,50,000 held by Somnath, with loans liability also on the liability side of the balance sheet. Total assets and liabilities are Rs. 2,10,000 each.
This balance sheet shows the financial position of BCA-A Company as of April 1st, 2023. It lists current assets of Rs. 2,06,000 including cash, debtors, and furniture. Current liabilities are Rs. 60,000 consisting of creditors. Capital account stands at Rs. 1,50,000 held by Somnath, with loans liability also on the liability side of the balance sheet. Total assets and liabilities are Rs. 2,10,000 each.
This balance sheet shows the financial position of BCA-A Company as of April 1st, 2023. It lists current assets of Rs. 2,06,000 including cash, debtors, and furniture. Current liabilities are Rs. 60,000 consisting of creditors. Capital account stands at Rs. 1,50,000 held by Somnath, with loans liability also on the liability side of the balance sheet. Total assets and liabilities are Rs. 2,10,000 each.