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    1. This document appears to be a corporate balance sheet and income statement for the fiscal year ended March 31. It shows total equity of Rs. 10,00,000 and total assets of Rs. 17,00,000. 2. The income statement shows a net loss of Rs. 1,00,275 for the year. Revenue was Rs. 3,25,000 while total expenses were Rs. 4,25,275. 3. Major assets include land worth Rs. 10,00,000, current assets of Rs. 5,00,000 and investments of Rs. 2,00,000. Major liabilities are long term loans of Rs. 3,00,000 and current liabilities

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    1. This document appears to be a corporate balance sheet and income statement for the fiscal year ended March 31. It shows total equity of Rs. 10,00,000 and total assets of Rs. 17,00,000. 2. The income statement shows a net loss of Rs. 1,00,275 for the year. Revenue was Rs. 3,25,000 while total expenses were Rs. 4,25,275. 3. Major assets include land worth Rs. 10,00,000, current assets of Rs. 5,00,000 and investments of Rs. 2,00,000. Major liabilities are long term loans of Rs. 3,00,000 and current liabilities

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    10 views8 pages

    Assignment - 02

    Uploaded by

    praveenramesh058
    1. This document appears to be a corporate balance sheet and income statement for the fiscal year ended March 31. It shows total equity of Rs. 10,00,000 and total assets of Rs. 17,00,000. 2. The income statement shows a net loss of Rs. 1,00,275 for the year. Revenue was Rs. 3,25,000 while total expenses were Rs. 4,25,275. 3. Major assets include land worth Rs. 10,00,000, current assets of Rs. 5,00,000 and investments of Rs. 2,00,000. Major liabilities are long term loans of Rs. 3,00,000 and current liabilities

    Copyright:

    © All Rights Reserved
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    of 8

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