Question

RS
The following are the summaries of the balance shee Archana limited
as at 31 December 2007 and 31 December 2008 :
Liabilities
2007 2008 Assets
2007 2008
Rs. Rs.
Rs.
Sundry Creditors 39,500 41.135 Cash at
2,500 2.700
Balls Payable 33,780 11,525 Debte
85.175 72,625
Bank Overdraft 59,510
2,315 735
Provision for Tax 40.000 50.000 S
1.11.040 97,370
Reserves
50,000 50,000)
1,48,500 1.44.250
Profit and Loss 39,590 41,22 ant and
Account
sachinery 1,12,950 1.16.200
Share Capital 2,00,000 2,60, Goodwill
20.000
4,62, 150 4,
5 301
4,62,480 4.53.880
The following additional infortion is available from the books :
During the year endee 2.2008, an additional dividend of Rs. 26,000
was paid
00) The assets of ano
company were purchased for Rs. 60,000 payable
in fully paid shy of the company. These assets consisted of stock Rs.
21,640, machy Rs. 18,360 and goodwill Rs. 20,000. In addition sundry
purchases o nt were made totalling Rs. 5,650.
o d during 2008 was Rs. 25,000.
4 for the year before tax was Rs. 62,530.
now-statement.
wie​

Answer 1

Answer:

2007 2008 Assets 2007 2008. Rs. Rs. Rs. Sundry Creditors 39,500 41.135 Cash at 2,500 2.700. Balls Payable 33,780 ...

Answer 2

Answer:

2007 2008 Assets 2007 2008. Rs. Rs. Rs. Sundry Creditors 39,500 41.135 Cash at 2,500 2.700. Balls Payable 33,780 ...

Thanks!!!!!