Question

Double Entry Duu
9.54
22. Prepare a Balance Sheet in vertical form as at 31st March, 2019 from the following information of
Ford Ltd. as required under Schedule Ill of the Companies Act, 2013:
3.58,000
12.25.000
2.00,000
20.200
Term Loan (Secured)
20,00,000 Loss for the Year
Sundry Creditors
18,45,000 Sundry Debtors
Advances
3,72.000 Loans from Debtors
Cash and Bank Balances
2,75,000
Provision for Doubtful Debts
Staff Advances
55,000 Stores
Taxes Payable
1,70,000 Fixed Assets (WDV)
Securities Premium
4,75,000 Finished Goods
Loose Tools
50,000 General Reserve
Investments
2,25,200 Capital Work-in-Progress
Additional Information:
1. Share Capital consists of:
(a) 3,000 Equity Shares of 100 each fully paid-up.
(b) 10,000-10% Preference Shares of 100 each fully paid-up.
4,00.000
51.50.000
7,50.000
30,50.000
2,00.000​

Answer 1

Answer:

Prepare Balance Sheet of Vt Ltd. as at 31st March 2019, from the ... Information as per Schedule Iii, Part I of the Companies Act, 2013