48.
Following is the trial balance of Rajshree Limited as on 31-3
Trial Balance as on 31-3-2020
Debit balance
Particulars
Credit balance
(*)
7,50,000
63125
82875
1,75,000
1,50,000
60,000
25,000
80,000
4,20,000
8,50,000
1,20,000
Equity share capital
Material
Salary
Contribution in provident fund
Financial cost
Security Premium
Land-Building
Plant-Machinery
Creditors
Debtors
Long-term borrowings
Cash and Bank balance
Depreciation
Cost of goods sold
Non-current Investment
Sales
Profit on sale of Assets
80,000
6,00,000
8500
1
06000
1,50,000
40,000
6,50,000
2,50,000
5309
12,50,000
50,000
28,50,000
28,50,000
Other Information : Make provision for tax at 50% of profit. From the above information, prepare final
accounts of the company for the year ending on 31-3-2019 as per schedule-III and companies Act, 2013.
Notes to the accounts are not required.
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