Question - 11

Prepare comparative Balance sheet of Raj Ltd. from the following informations :

31.12.2017

Equity and liabilities :- 

  1. Shareholders Fund: (Share capital Rs. 30,00,000, Reserveds and surplus Rs. 6,00,000)
  2. Non- current liabilities : (Long term Borrowings Rs. 18,00,000)
  3. Current liabiliries : (Short term Borrowings Rs. 6,00,000) = 60,00,000.
Assets :- 
  1. Non- Current Assets (Fixed Assets Rs. 6,00,000,Tangible Assets Rs.30,00,000, Intangible Assets Rs. 12,00,000)
  2. Current Assets:(Inventories Rs. 6,00,000, Trade receivable Rs. 3,00,000, Cash and Cash Equivalents Rs. 9,00,000) = 60,00,000. 

31.12.2018

Equity and liabilities :- 

  1. Shareholders Fund: (Share capital Rs. 40,00,000,Reserveds and surplus Rs. 4,00,000)
  2. Non- current liabilities : (Long term Borrowings Rs. 27,00,000) 
  3. Current liabiliries : (Short term Borrowings Rs. 9,00,000) = 80,00,000.
Assets :- 

  1. Non- Current Assets (Fixed Assets Rs. 9,00,000, Tangible Assets Rs. 40,00,000, Intangible Assets Rs. 18,00,000)
  2. Current Assets:(Inventories Rs. 10,00,000, Trade receivable Rs. 4,00,000, Cash and Cash Equivalents Rs. 8,00,000) = 80,00,000. 

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