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    This balance sheet shows the financial position of Akshatsharma/0166 as of April 1st, 2023, with total assets of Rs. 70,93,092.86 equal to total liabilities and equity. Major assets include land valued at Rs. 19,00,000, machinery at Rs. 3,50,000, and closing stock of Rs. 20,82,392.86. The capital account holds Rs. 28,50,000 and reserves and surplus Rs. 7,50,000, while total loans are Rs. 21,50,000.

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    This balance sheet shows the financial position of Akshatsharma/0166 as of April 1st, 2023, with total assets of Rs. 70,93,092.86 equal to total liabilities and equity. Major assets include land valued at Rs. 19,00,000, machinery at Rs. 3,50,000, and closing stock of Rs. 20,82,392.86. The capital account holds Rs. 28,50,000 and reserves and surplus Rs. 7,50,000, while total loans are Rs. 21,50,000.

    Copyright:

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

    BSheet

    Uploaded by

    vyg946859
    This balance sheet shows the financial position of Akshatsharma/0166 as of April 1st, 2023, with total assets of Rs. 70,93,092.86 equal to total liabilities and equity. Major assets include land valued at Rs. 19,00,000, machinery at Rs. 3,50,000, and closing stock of Rs. 20,82,392.86. The capital account holds Rs. 28,50,000 and reserves and surplus Rs. 7,50,000, while total loans are Rs. 21,50,000.

    Copyright:

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

    Akshatsharma/0166

    Balance Sheet
    For 1-Apr-23

    Liabilities as at 1-Apr-23 Assets as at 1-Apr-23

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


    Reserves & Surplus 7,50,000.00 Land 19,00,000.00
    Capital 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 12,19,470.00 Cash-in-Hand 35,000.00
    Duties & Taxes 78,780.00 Bank Accounts 17,03,500.00
    Provisions 1,00,000.00 Bills Recivable 70,000.00
    Sundry Creditors 3,75,540.00
    Bills Payable 6,20,150.00
    Rent Od 10,000.00
    Salaries Od 35,000.00

    Profit & Loss A/c 8,73,622.86


    Opening Balance 3,80,000.00
    Current Period 5,43,622.86
    Less: Transferred 50,000.00

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

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