Balance Sheet

1.

Equity share capital 1,40,000 Land 1,50,000

10% Preference share capital 1,50,000 Building 1,00,000
Reserves 50,000 Machinery 50,000
12% Debentures 2,00,000 Investment 2,60,000
Creditors 55,000 Stock 30,000
Bills Payable 40,000 Debtors 13,000
Expenses on Issue of shares 32,000
6,35,000 6,35,000

2.

Cash at Bank 12,500 Land and Building 2,00,000

Expenses paid in Advance 15,500 Stock 68,250
Creditors 1,01,500 Debtors 1,30,750
Bills receivable 5,250 Plant and 1,36,000
Machinery
12% Debentures 62,500 Loan from director 1,00,000
Equity Share Capital 2,50,000
Profit and Loss Account 54,250

3.

Fixed Assets 19,16,000 Creditors 60,000

Provision for tax 1,40,000 Debtors 70,000
Closing stock 1,30,000 8% Debentures 6,00,000
Reserves and surplus 1,72,000 6% Preference Share Capital 4,00,000
Bank Over draft 32,000 Equity Share Capital 8,00,000
Bills Receivable 48,000
Cash in hand 80,000
 4.
Equity Share Capital 1,00,000 Cash in Hand 2,000
6% Preference Share Capital 1,00,000 Cash at Bank 10,000
7% Debentures 40,000 Bills Receivable 30,000
8% Public Deposits 20,000 Debtors 70,000
Bank Overdraft 40,000 Stock 40,000
Creditors 60,000 Advances 20,000
Unpaid Dividend 10,000 Furniture 30,000
Outstanding expenses 7,000 Machinery 1,00,000
Reserves 1,50,000 Land and building 2,20,000
Provision for tax 20,000 Goodwill 30,000
Profit and Loss 20,000 Preliminary Expenses 10,000
Calls in arrears on equity 5,000
5,67,000 5,67,000

5.

Equity Share Capital 5,00,000

General Reserve 3,00,000
Securities Premium 25,000
Profit and Loss Account 7,40,000
10% Debentures 7,50,000
Creditors 2,30,000
Bank Overdraft 3,95,000
Provision for Taxation 1,80,000
Bills Payable 1,50,000
Fixed Assets 13,00,000
Investments 4,00,000
Stock 8,50,000
Debtors 5,00,000
Prepaid Expenses 40,000
Advance Income tax 78,000
Cash Balance 62,000
Share Issue Expenses 10,000
Preliminary Expenses 30,000
 6.

Preference Share Capital 2,00,000 Fixed Asset 12,00,000

Equity Share Capital 5,00,000 Stock 5,40,000
Reserves 10,00,000 Debtors 8,00,000
Secured Loans 4,00,000 Cash at Bank 7,90,000
Current Liabilities 5,40,000 Advance income tax (prepaid) 1,20,000
Provisions 8,10,000
34,50,000 34,50,000

7.
Balance Sheet

Share Capital 7,00,000 Net Block 550,000

Reserves and Surplus 50,000 Stock 155000
Add : Profit for year 70,000 1,20,000 Debtors 180000
Cash 120000
Bank Overdraft 35,000
Creditors 1,50,000
10,05,000 10,05,000

8.

Equity Share Capital 150 Net Fixed Assets 370

10% Preference share Capital 80 Stock 50
Reserves and Surplus 90 Debtors 60
Profit and Loss 40 Cash at Bank 30
10% Debentures 50
Provision for Taxation 20
Sundry Creditors 80
510 510