Business Studies, asked by prashambhandari26, 7 months ago


2. The Balance-sheet of a Unicorn Company for the year 2018-19 reveals
equity share capital of Rs. 25,00,000 and retained earnings of Rs. 50,00,000.
a) Is the company financially sound?
b) Can the retained earnings be converted into capital?
c) What type of source retained earnings is?
​

Answers

Answered by ananya12534
1

Balance Sheet of Himmat Ltd.

Particulars

Note No.

Amount

(Rs)

I. Equity and Liabilities

1. Shareholders’ Funds

a. Share Capital

1

20,00,000

Total

20,00,000

II. Assets

2. Current Assets

Cash and Cash Equivalents

2

20,00,000

Total

20,00,000

Answered by sinnank4
0

Answer:

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