Question

Prepare a Balance Sheet in vertical form as at 31st March, 2018 from the following information of
XYZ Ltd. as required under Schedule Ill of the Companies Act, 2013:
Term Loan (Secured)
20,00,000 Loss for the Year Moth
Sundry Creditors
18,45,000 Sundry Debtors
Advances
3,72,000 Loans from Debtors 911
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:
zos
1. Share Capital consists of: Hardan
Bonecas
(a) 3,000 Equity Shares of 100 each fully paid-up.
(b) 10,000—10% Preference Shares of 100 each fully paid-up.
2. Depreciation on Assets- 5,00,000.
06
3,58,000
12,25,000
2,00,000
20,200
4,00,000
51,50,000
7,50,000
30,50,000
2,00,000​

Answer 1

Answer:

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