plzzzzzzzzz solve these questions , of t.s.gerwal .....page.no.19.95,qe no. 6 and 7............
Q.6 (pg no 19.55)
Case 1
Balance Sheet as at March 31, 2011 | |||
Liabilities | Amount (Rs) | Assets | Amount (Rs) |
Capital Fund | 20,00,000 | Pavilion Work-in-Progress | 6,00,000 |
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Case 2
Balance Sheet as at March 31, 2011 | ||||
Liabilities | Amount (Rs) | Assets | Amount (Rs) | |
Pavilion Fund | 10,00,000 |
| Pavilion Work-in-Progress | 6,00,000 |
Less: Pavilion work in progress | (6,00,000) | 4,00,000 |
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Capital Fund | 20,00,000 |
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Add: Pavilion Work-in-Progress | 6,00,000 | 26,00,000 |
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Case 3
Balance Sheet as at March 31, 2011 | ||||
Liabilities | Amount (Rs) | Assets | Amount (Rs) | |
Pavilion Fund | 10,00,000 |
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Add: Donation | 5,00,000 |
| Pavilion Work-in-Progress | 6,00,000 |
Less: Expenditure on construction of pavilion | (6,00,000) | 9,00,000 |
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Capital Fund | 20,00,000 |
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Add: Pavilion Work-in-Progress | 6,00,000 | 26,00,000 |
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Q.7 (pg no 19.55)
Case 1
Income and Expenditure Account for the year ended March 31,2012 | |||||
Dr. |
| Cr. | |||
Expenditure | Amount (Rs) | Income | Amount (Rs) | ||
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| Entrance Fees | 1,00,000 | ||
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Case 2
Income and Expenditure Account for the year ended March 31,2012 | |||||
Dr. |
| Cr. | |||
Expenditure | Amount (Rs) | Income | Amount (Rs) | ||
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| Entrance Fees | 1,00,000 | ||
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Case 3
Balance Sheet as at March 31, 2012 | ||||
Liabilities | Amount (Rs) | Assets | Amount (Rs) | |
Capital Fund |
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Add: Entrance Fees | 1,00,000 | 1,00,000 |
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Case 4
Income and Expenditure Account for the year ended March 31, 2012 | ||||||
Dr. |
| Cr. | ||||
Expenditure | Amount (Rs) | Income | Amount (Rs) | |||
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| Entrance Fees | 1,00,000 |
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| Less: Capitalised 1,00,000 × 30% | (30,000) | 70,000 | ||
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Balance Sheet as at March 31, 2012 | ||||
Liabilities | Amount (Rs) | Assets | Amount (Rs) | |
Capital Fund |
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Add: Entrance Fees | 30,000 | 30,000 |
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