[ISC] Q. 19 Solution of Final Accounts of Companies – Application TS Grewal ISC (2023-24)
Solution of Q 19 Final Accounts of Companies-Application TS Grewal Class 12 ISC Board Accountancy Book 2023-24
From the following information extracted from the books of Fair Deal Ltd., prepare Balance Sheet of the company as at 31st March, 2023 as per Schedule III of the Companies Act, 2013:
| ₹ | ₹ | ||
| Long-term Borrowings Trade Payables Share Capital Reserves and Surplus | 1,000 60 800 180 | Property, Plant and Equipment Inventories Trade Receivables Cash and Bank Balance | 1,600 40 160 240 |
Solution:-
Balance Sheet (Extract) as at
