Question - 18

Prepare the balance sheet of Jyoti Ltd. as at March 31, 2013 from the following information :

Building Rs. 10,00,000; Investments in the shares of Metro Tyers Ltd. Rs. 3,00,000; Stores & Spares Rs. 1,00,000; Discount on issue of 10% debentures Rs. 10,000; Statement of profit and loss (Dr.) Rs. 9,00,000; 5,00,000 equity shares of Rs. 20 eahc fully paid up; Capital redemption reserve Rs. 1,00,000; 10% debentures Rs. 3,00,000; Unpaid dividends Rs. 90,000; Share options outstanding account Rs. 10,000.

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