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    The balance sheet shows total assets of Rs. 6,10,000 which are equally matched by total capital and liabilities of Rs. 6,10,000. The key assets include land valued at Rs. 5,00,000 and plant valued at Rs. 1,00,000. Capital accounts for partners A, B and C are Rs. 1,50,000, Rs. 4,00,000 and Rs. 50,000 respectively.

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    The balance sheet shows total assets of Rs. 6,10,000 which are equally matched by total capital and liabilities of Rs. 6,10,000. The key assets include land valued at Rs. 5,00,000 and plant valued at Rs. 1,00,000. Capital accounts for partners A, B and C are Rs. 1,50,000, Rs. 4,00,000 and Rs. 50,000 respectively.

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    2 views3 pages

    S Sssssss

    Uploaded by

    sy91616380
    The balance sheet shows total assets of Rs. 6,10,000 which are equally matched by total capital and liabilities of Rs. 6,10,000. The key assets include land valued at Rs. 5,00,000 and plant valued at Rs. 1,00,000. Capital accounts for partners A, B and C are Rs. 1,50,000, Rs. 4,00,000 and Rs. 50,000 respectively.

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    of 3

    BALANCE SHEET

    a Amount Asset Amount


    CR. 10,000 Land 5,00,000
    Capital Plant 1,00,000
    A 150000 Debtor 10,000
    B 400000
    C 50000 6,00,000

    TOTAL 6,10,000 TOTAL 6,10,000


    Balance Sheet
    Lia. Amount Asset Amount
    Partner Capital A/C
    PARTICULAR A B C PARTICULAR A B C

    By Bal. b/d 15000 4000 5000


    0 00 0

    01200
    0000

    00000

    00000
    0

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