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1.EQUITY AND LIABILITIES
Share capital:
3,00,000 equity shares of Rs 10 each                                             3,00,000
2,00,000 10% preference shares of Rs 10 each                            2,00,000
Reserves and Surplus                                                                        3,10,000
10% Debentures                                                                                  4,00,000
8% Public Deposits                                                                              1,50,000
Current Liabilities                                                                                 2,00,000
TOTAL                                                                                                    15,60,000

2.ASSETS
Land and Building                                                                            3,40,000
Plant and Machinery                                                                        4,50,000
Furniture and Fixtures                                                                      1,10,000
Non current investments                                                                 3,00,000
Current Assets                                                                                    3,60,000
TOTAL                                                                                                  15,60,000

Information:
1.Revenue from operations-Rs 25,50,000
2.Profit before interest and tax-Rs 75,20,000
3.Rate of Tax-40%

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Subject: Accountancy, asked 3 days, 14 hours ago

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