Please Answer These Two Questions!!
Dear student
Ans 12: balance sheet of x ltd.
as at 31st march, 2017 (extract)
(b) notes to accounts
note: kindly post the thread again, for next question and get quck Assistance from our expert.
Regards
Ans 12: balance sheet of x ltd.
as at 31st march, 2017 (extract)
particular | note no. | rs |
1. EQUITY AND LIABILITIES (I) Shareholder's funds (a) share capital (b) reserves and surplus |
1 2 |
11,77,000 6,000 |
11,83,000 |
(b) notes to accounts
particulars | rs |
1. SHARE CAPITAL Authorised capital: 1,00,000 equity shares of rs 10 each 50,000, 9% preference shares of rs 10 each |
10,00,000 5,00,000 |
15,00,000 | |
issued capital 90,000 equity shares of rs 10 each 50,00, 9 % preference shares of rs 10 each |
9,00,000 5,00,000 |
14,00,000 | |
subscribed capital subscribed and fully paid up 50,000, 9 % prefence shares of rs 10 each subscribed but not fully paid 84,500 equity shares of rs 10 each, rs 8 called up less: calls in arrears (1,000 X 2) add: shares forfeited a/c(500 X 6) 2. RESERVES AND SURPLUS capital reserves |
5,00,000 6,76,000 (2,000) 3,000 11,77,000 6,000 |
Regards