Scribd Logo
Upload

Welcome to Scribd!

  • BSheet

    Uploaded by

    Shashwat Goyal
    3 views1 page
    The balance sheet shows the financial position of Exam_2023 as of April 1st, 2022. Total assets are Rs. 40,13,325 consisting mainly of fixed assets such as land, buildings, and machinery. Total liabilities are also Rs. 40,13,325 consisting primarily of long-term loans, current liabilities such as taxes and creditors, and capital contributions. Current assets include stock, debtors, and bank balances which offset the current liabilities.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The balance sheet shows the financial position of Exam_2023 as of April 1st, 2022. Total assets are Rs. 40,13,325 consisting mainly of fixed assets such as land, buildings, and machinery. Total liabilities are also Rs. 40,13,325 consisting primarily of long-term loans, current liabilities such as taxes and creditors, and capital contributions. Current assets include stock, debtors, and bank balances which offset the current liabilities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    3 views1 page

    BSheet

    Uploaded by

    Shashwat Goyal
    The balance sheet shows the financial position of Exam_2023 as of April 1st, 2022. Total assets are Rs. 40,13,325 consisting mainly of fixed assets such as land, buildings, and machinery. Total liabilities are also Rs. 40,13,325 consisting primarily of long-term loans, current liabilities such as taxes and creditors, and capital contributions. Current assets include stock, debtors, and bank balances which offset the current liabilities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Exam_2023

    Balance Sheet
    For 1-Apr-22

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

    Capital Account 14,00,000.00 Fixed Assets 16,13,125.00


    Reserves & Surplus 3,00,000.00 Furniture 3,33,125.00
    Capital 11,00,000.00 Land and Buildings 11,00,000.00
    Plant and Machinery 1,80,000.00
    Loans (Liability) 18,50,000.00
    Secured Loans 6,00,000.00 Investments 1,00,000.00
    Unsecured Loans 12,50,000.00 Investment 1,00,000.00

    Current Liabilities 5,42,000.00 Current Assets 23,00,200.00


    Duties & Taxes 15,900.00 Closing Stock 13,49,300.00
    Provisions 2,00,000.00 Sundry Debtors 4,52,400.00
    Sundry Creditors 2,06,100.00 Cash-in-Hand 30,000.00
    Bills Payable 1,20,000.00 Bank Accounts 4,13,500.00
    Bills Receivables 55,000.00
    Profit & Loss A/c 2,21,325.00
    Opening Balance 3,00,000.00
    Current Period (-)78,675.00

    Total 40,13,325.00 Total 40,13,325.00

    You might also like