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प्रश्न
| Prepare Balance Sheet of the Company as per Schedule III of the Companies Act, 2013: | ₹ |
| 10% Debentures of ₹ 100 each | 1,90,000 |
| Stock-in-Trade (inventories) | 40,000 |
| Goodwill | 20,000 |
| Provision for Tax | 60,000 |
Totalling of Balance Sheet is not required
उत्तर
Balance Sheet
as at …
|
Particulars |
Note No. |
Amount (Rs) |
|
I. Equity and Liabilities |
|
|
|
1. Shareholders’ Funds |
|
– |
|
2. Non-Current Liabilities |
|
|
|
Long-term Borrowings |
1 |
1,90,000 |
|
3. Current Liabilities |
|
|
|
Short-term Provisions |
2 |
6,000 |
|
Total |
|
|
|
II Assets |
|
|
|
1. Non-Current Assets |
|
|
|
Intangible (Fixed Assets) |
3 |
20,000 |
|
2. Current Assets |
|
|
|
a. Inventories |
4 |
40,000 |
|
Total |
|
|
NOTES TO ACCOUNTS
|
Note No. |
Particulars |
Amount (Rs) |
|
1 |
Long-term Borrowings |
|
|
|
10% Debentures |
1,90,000 |
|
2 |
Short-term Provisions |
|
|
|
Provision for Tax |
6,000 |
|
3 |
Intangible (Fixed Assets) |
|
|
|
Goodwill |
20,000 |
|
4 |
Inventories |
|
|
|
Stock-in-Trade |
40,000 |
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संबंधित प्रश्न
State, with reason, whether the following statement is True or False.
Financial management is essential for all types of organisation.
What are the main objectives of financial management? Briefly explain.
Short Answer Question
List any three objectives of financial statements?
Under which heads the following are shown in a company's Balance Sheet:
(i) Public Deposits
(ii) Office Furniture
(iii) Prepaid Rent
(iv) Outstanding Salaries
(v) Computer Software
(vi) Interest Accrued on Investment?
Under which major headings and sub-headings the following items will be shown in the Balance Sheet of a company as per schedule III of Companies Act, 2013?
(i) Provision for Employee Benefits.
(ii) Calls-in-Advance.
Prepare Balance Sheet of HP Ltd. as at 31st March, 2019 from the following information:
| ₹ | ₹ | |||
| Equity Share Capital | 20,00,000 | Surplus, i.e., Balance in Statement of Profit and Loss (Cr.) | 3,00,000 | |
| 12% Preference Share Capital | 10,00,000 | Stock | 6,00,000 | |
| Fixed Assets (At cost) | 46,60,000 | Sundry Debtors | 8,00,000 | |
| Accumulated Depreciation | 16,60,000 | Cash | 1,50,000 | |
| Investments | 4,00,000 | Loans and Advances | 50,000 | |
| Current Liabilities | 8,00,000 | Provision for Taxation | 2,00,000 | |
| 12% Debentures | 6,00,000 | Workmen Compensation Reserve | 1,00,000 |
Calculate Cost of Materials Consumed from the following:
Opening Inventory of Materials ₹2,50,000; Finished Goods ₹1,00,000; Closing Inventory of Materials ₹2,25,000; Finished Goods ₹75,000; Raw Material purchased during the year ₹15,00,000.
Calculate Cost of Materials Consumed from the following:
Opening Inventory of Materials ₹3,50,000; Finished Goods ₹75,000; Stock-in-Trade ₹2,00,000; Closing Inventory of: Materials ₹3,25,000; Finished Goods ₹85,000; Stock-in-Trade ₹1,50,000; Purchases during the year: Raw Material ₹17,50,000; Stock-in-Trade ₹9,00,000.
From the following information, calculate Change in Inventory of Finished Goods: Opening Inventory and Closing Inventory of Finished Goods ₹2,00,000 and ₹1,75,000 respectively.
Out of the Following, identify the items that are shown in the Note to Accounts on Finance Costs:
(i) Interest paid on Borrowing from prince Finance Ltd.;
(ii) Interest paid on Term Loan to Bank;
(iii) Interest paid on Public Deposits;
(iv) Loss on Issue of Debentures Written off; and
(v) Bank Charges.
Under which line item (major head) of the Statement of Profit and Loss of a financial company will the following be shown:
(i) Interest on Loans Given:
(ii) Gain (Profit) on Sale of Securities;
(iii) Loss on Sale of Fixed Assets;
(iv) Interest paid on Deposits;
(v) Depreciation on Computers;
(vi) Goodwill Written off;
(vii) Commission paid for Deposit Mobilisation; and
(viii) Repairs Expenses?
What are the objectives of financial statement?
'S' Limited is manufacturing steel at its plant in India. It is enjoying a buoyant demand for its products as economic growth is about 7% - 8% and the demand for steel is growing. It is planning to set up a new steel plant to cash on the increased demand. It is estimated that it will require about Rs 5000 crores to set up and about Rs 500 crores of working capital to start the new plant.
Which of the following is the role and objectives of financial management for this company.
Which of the following statements is false regarding financial management?
