15) Prépare a balance sheet of Swastik Co. Ltd as on 31st March 2018 from the
following information:
16
10% debentures
6 000
Profit and Loss a/c balance
2 400
General Reserve
6.000
Curren(liabilities
5,000
Value of fixed asset
18.000
1.400
Depreciation on fixed asset
5% preference share capital
Preliminary expenses
Cash and cash equivalents
1 10,000
600
12,200
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