[ISC] Q. 22 Solution of Final Accounts of Companies – Application TS Grewal ISC (2023-24)
Solution of Q 22 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2023-24
Prepare Balance Sheet of Xpressions Ltd. as at 31st March, 2023 from the following information:
Particulars | ₹ | Particulars | ₹ |
Equity Share Capital 12% Preference Share Capital Property, Plant and Equipment (At cost) Depreciation Written off till date Investments Current Liabilities 12% Debentures Loans and Advances | 20,00,000 10,00,000 46,60,000 16,60,000 4,00,000 8,00,000 6,00,000 50,000 | Surplus, i.e., Balance in Statement of Profit & Loss (Cr.) Stock Sundry Debtors Cash Provision for Taxation Workmen Compensation Reserve | 3,00,000 6,00,000 8,00,000 1,50,000 2,00,000 1,00,000 |
Solution:-