[ISC] Q. 22 Solution of Final Accounts of Companies – Application TS Grewal ISC (2023-24)

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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:

ParticularsParticulars
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:-

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