Question

1) of Sony Ltd., Surat., as at 31st March 2019, has been extracted from its books of accounts. Prepare a Statement ended 31st March, 2019 and Balance Sheet as at that Division II to Schedule III of Companies Act, 2013. Debit Land and Buildings Furniture and Fittings Plant and Machinery Stock-in-trade Salaries Printing and Stationery Debtors (less than 6 months old) Trade Investment Cash on Hand Preliminary Expenses Bank Balance (Scheduled Bank) Advance payment of Income tax interest (Net) Debenture Interest Director's Fees Rent, Rates and Insurance 31 ^ (st) March, 2019 of Profit and Loss for the year date as per the formats given in Credit 70,000 Share Capital 4,000 (2,000 Shares of 100 each, on 50,000 50 per share are paid up) 64,000 General Reserve 4,000 8% Debentures 600 Bank Overdraft (Unsecured) 35,000 Sundry Creditors 3,000 Share Premium 1,000 Debenture Redemption Reserve 2,000 Gross Profit 12,000 Profit and Loss 4,000 which 1,000 2,000 1,000 1,400 Total 2,55,000 Total 2,55,000 The following information is relevant for the purpose of preparation of the final accounts: a) Outstanding Expenses : Audit Fees 1,000. Interest on Debentures for 6 months 7 2,000. b) Provision for Taxation amounted to 12,000. ) Machinery worth 20,000 was purchased and installed on 1st October, 2018. Provide depreciation on Land and Buildings @ 2 1 2 \% . Machinery and Fixtures @ 10% p.a. as per Fixed Installment Method. d) Prepaid Insurance 400. e) The directors desire following appropriations to be made : i) 25, 000 to be transferred to Debenture Redemption Reserve. ii) \ 2,000 to be transferred to the General Reserve. iii) Dividend on Share Capital to be proposed @ 8%. The Authorised Share Capital of the Company consists of 7 5,000 Equity Shares of * 100 each. 8) Write off 50\% of the Preliminary Expenses. 15,000 50,000 2,000 8,000 5,000 20,000 52,000 3,000​

Answer 1

Answer:

The answer is a postbox/mailbox because if you remove a physical letter from it, it remains a mailbox; its meaning is still to hold letters. You can remove all the letters, but it will still be a mailbox

Answer 2

Answer:

The beggar (his name was Lushkoff) gives reason to Sergei (an advocate) for his telling lies that nobody give him anything if he tells the truths. So he tells lies to get some money as help