following is the balance sheet of gec ltd

Question Bank Solutions 15386. Assets Rs. Y Ltd. Issue of 3,50,000 equity shares of Rs.10 each of XY Ltd. At Par to the equity shareholders. Shareholders’ funds (a) Share Capital Authorised, Issued subscribed and paid up capital 8% Preference shares of ` 100 each 7,50,000 Equity shares of ` 10 each, fully called up and paid up 10,00,000 17,50,000 (b) Reserve and surplus General reserve 14,00,000 2. Recording of a business transactions in a chronological order. Sales Rs. 1,00,000, 12% Debenture were issued on 31st March, 2019. First step in ... Q: Vertical Analysis of Balance Sheet Vertical Analysis of Balance Sheet Balance sheet data for Alvar... A: Balance sheet: This statement shows the assets and liabilities held by a company on a particular dat... Q: Company wants to prepare a cash budget for May, June, and July. Concept Notes & Videos 439. Your IP: 51.91.109.137 Issue of 15% preference shares of Rs.100 each of XY Ltd. To discharge the preference shareholders of Y Ltd. At 10% premium. Stock on 31st March, 2016 was valued at ₹ 46,000. Textbook Solutions 11268. Naina was admitted with 1 6 th share in the profits of the firm. You may need to download version 2.0 now from the Chrome Web Store. 31.3.2018 (₹) 31.3.2017 (₹) I. Question By default show hide Solutions. X Ltd. Issue of 4,80,000 equity shares of Rs.10 each of XY Ltd. At Par to the equity shareholders. The debentures of X Ltd., and Y Ltd.,  Will be converted into equivalent number of debentures of XY Ltd. They allow investors to calculate days of Working It is possible to use "tricks" to move money around from one statement to the other to make either the income statement or the balance sheet appear healthier. Relevant costs are considered usefu... Q: Entries and Schedules for Unfinished Jobs and Completed Jobs Important Solutions 3417. Question Bank Solutions 15386. Following is the Balance Sheets of Solar Power Ltd as at 31.3.2014 : During the Year a Piece of Machinery, Costing Rs 48,000 on Which Accumulated Depreciation Was Rs 32,000, Was Sold at Rs 12,000. Particulars Rs. Shareholder’s Fund: 7,00,000 5,00,000 a. Syllabus.  Sales = $ 484,795 Advertisement Remove all ads. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. Important Solutions 3417. Issue of 15% preference shares of Rs.100 each of XY Ltd. To discharge the preference shareholders of X Ltd. At 10% premium. Annual balance sheet by MarketWatch. Question By default show hide Solutions. Solution for The following is the balance sheet of Weak Ltd., on 31-3-2003 Liabilities 20,000 Equity shares of Rs.10 each 2,00,000 Patents 500 10% Pref. Sloution of answer s 76 Analysis of Financial Statements—CBSE XII Q 20 Following is the Balance Sheet of Sreshtha Ltd as on 31st March, 2014: Note No 31st March, 31st Mart,: Particulars i EQUITY ANDLIABILITIES 1 Shareholders' Funds (a) Share Capital (b) Reserves - Accountancy - View all GM assets, cash, debt, liabilities, shareholder equity and investments. Question By default show hide … Question Papers 1786. Time Tables 18. From the following Balance Sheet of Mishi Ltd. as at 31st March, 2019, prepare Cash Flow Statement: Particulars. Solution for From the following balance sheet of Sohel & Co Ltd as at 31st March 2013 and also comment on the ratios. Share capital Equity shares of Rs.10 14 % preference shares of Rs.100 General reserve Export profit Reserve (required under Income Tax Act) Investment Allowance Reserve (statutory) P & L A/c 13% debentures of Rs.100 Trade creditors Other current liabilities   50,00,000 22,00,000 5,00,000 3,00,000   --     7,50,000 5,00,000 4,00,000 2,00,000   30,00,000 17,00,000 -- 2,50,000   2,00,000     1,00,000 5,00,000 3,50,000 1,50,000 Land & building Plant& machinery Furniture & fittings Investments Stock Sundry debtors Cash and Bank   25,00,000 32,50,000 5,75,000 7,00,000 12,50,000 9,00,000 7,25,000 15,50,000 17,00,000 3,50,000 5,00,000 9,50,000 10,30,000 5,20,000   99,00,000 66,00,000   99,00,000 66,00,000 XY Ltd., is formed to take over X Ltd. and Y Ltd., for the following consideration. From the following data relating to the liabilities side of balance sheet of X Ltd., for the period March 31, 2012 to 2015, asked Nov 8, 2019 in Accounts … Solution for The following are the balance sheet of X Ltd. And Y Ltd., as on 31 st march 2005 Liabilities Rs. Following is the Balance sheet of R.S ltd as at 31st March, 2019. Illustration 4 Prepare Balance sheet of Darshan Ltd., in the prescribed pro forma as on 31st March 2015 from the following Trial balance Trial Balance as on 31st March 2015 Particulars Rs. Show how Management Accounting benefit... A: Since you have asked multiple questions, we will solve the first question for you. Following is the Balance Sheet of Radha Ltd. as at 31st March, 2019: CBSE CBSE (Commerce) Class 12. a.shareholders' equity is increased. Concept Notes & Videos & Videos 439. The debentures of X Ltd., and Y Ltd.,  Will be converted into equivalent number of debentures of XY Ltd. Rs. She placed most of her cli... A: 1. XY Ltd., is formed to take over X Ltd. and Y Ltd., for the following consideration. Shankar, a shareholder holding 5,000 shares did not pay the first call on the due date. Performance & security by Cloudflare, Please complete the security check to access. Following Was the Balance Sheet of M.M Ltd at on 31.3.2015. As a result of a stock split, 31st March, 2019 (₹) 31st March, 2018 (₹) I. Variable cost of g... A: Given: If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. The balance sheet is based on the fundamental equation: Assets = Liabilities + Equity Using this template, you can add and remove line items under ea . Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. Important Solutions 3417. Following is the Balance Sheets of Solar Power Ltd as at 31.3.2014 : Solar Power Ltd. Balance Sheet: … Time Tables 18. Close the books of X Ltd. And Y Ltd. And show the opening entries and balance sheet of XY ltd. On the assumption that the amalgamation is in the nature of merger. Principle of Fairness: If you want any s... *Response times vary by subject and question complexity. Leasehold property 16,00,000 Bank balance 1,05,000 Share Capital 20,65,000 Plant & Machinery 9,00,000 Staff Provident fund 8,00,000 Goodwill 3,00,000 Capita redemption reserve … From the following Balance Sheets of Tiger Super Steel Ltd., prepare Cash Flow Statement: Balance Sheet of Tiger Super Steel Ltd. as at 31st March 2014 and 31st March 2017 Issue of 15% preference shares of Rs.100 each of XY Ltd. To discharge the preference shareholders of Y Ltd. At 10% premium. Syllabus. Following Was the Balance Sheet of M.M Ltd at on 31.3.2015. Median response time is 34 minutes and may be longer for new subjects. EQUITY AND LIABILITY : 1. • Issue of 4,80,000 equity shares of Rs.10 each of XY Ltd. At Par to the equity shareholders. Balance Sheet as at 31st March, 2019 In terms of our report attached For Deloitte Haskins & Sells Chartered Accountants P. R. RAMESH Partner Gurugram, 13th May, 2019 The accompanying notes 1 to 30 are an integral part of the Financial Statements. - Accountancy . Q: Explain the distinguishing features of managerial accounting. Additional Information : ? Advertisement Remove all ads. Get the annual and quarterly balance sheet of Great Elm Capital Group, Inc. (GEC) including details of assets, liabilities and shareholders' equity. Share capital Equity… - Accountancy . Syllabus. Textbook Solutions 11268. Reserve and Surplus 3,50,000 2,00,000 Variable Manufacturing Cost = $ 205,574 Another way to prevent getting this page in the future is to use Privacy Pass. 5,000,000 10 each 50.000 … Q: Philadelphia Company has the following information for March: General Motors Co. Question Papers 1786. Showing your workings clearly Particulars Note No. You may use online sources to write about… Note No. 54.From the following balance sheet of JN Ltd as on 31st March, 2010 and 2011, prepare a cash flow statement. Concept Notes & Videos 439. Time Tables 18. Find answers to questions asked by student like you. 13½% Preference Share capital 4,00,000 Equity Share Capital fully paid up 5,00,000 Equity Share Capital 60% partly paid up 3,00,000 Securities Premium 7,00,000 15% Debentures 10,00,000 Profit before interest on debentures and before payment of tax @ 30% is Rs. Question Papers 1786. Numerical. Cloudflare Ray ID: 606d55dd2a1e2325 Syllabus . $484,795 The claim on account of workmen's compensation was determined at ₹ 40,000. Prepare Cash Flow Statement. At the end of every month the cash b... A: The cash budget shows the estimated cash receipts and payments during a given period. Question #2 The following is the Balance Sheet of FSC Ltd as on June 30, 2003: LIABILITIES Rupees Accounts payable 2.500.000 Notes payable 1.500.000 Bank Overdraft 8,500,000 14% Long term Bonds payable 5.000.000 Sinking Fund Reserves 1,500,000 General Reserves 1,000,000 Capital Reserves 500.000 Issued & Paid-Up Capital: 500.000 ordinary shares of Rs. Mona and Tina were partners in a firm sharing profits in the ratio of 3 : 2. b.the stated value of ea... A: Stock splits means splitting the stock of the company in desired ratio, so the stock split increases... Q: Marion was a CFP® professional who was a general partner of a hedge fund. From the Following Balance Sheet of Akash Ltd. as at 31st March 2014: - Accountancy . Rs. Advertisement Remove all ads. Tybee Industries Inc. uses a job order ... A: Introduction: At the time of admission, Workmen's Compensation Reserve appeared in the Balance Sheet of the firm at ₹ 32,000. Question Papers 1786. From the Following Balance Sheet of Akash Ltd. as at 31st March 2014: CBSE CBSE (Commerce) Class 12. Share Capital b. The following items were extracted from the Balance Sheet of Xansa Ltd. as on 1st April, 2009: Rs. CBSE CBSE (Commerce) Class 12. Balance Sheet Template Download the free Excel template now to advance your finance knowledge! From the Following Balance Sheet of Mishi Ltd. as at 31st March, 2019, Prepare Cash Flow Statement: - Accountancy. Find an answer to your question following is the balance sheet of GEC ltd as at 31st march 2019 prepare cash flow statement EQUITY AND LIABILITIES : 1. The statutory reserves are to be maintained for two more years. Shares… The statutory reserves are to be maintained for two more years. From the following Balance Sheet as SRS Ltd and the additional information as in 31.3.2016, prepare a Cash Flow Statements: Additional Information: (i) ₹50,000 12% debentures were issued on 31.3.2016 (ii) During the year a piece of machinery costing ₹40,000 on which accumulated depreciation was ₹20,000 was sold at loss of ₹5,000. • From the following Balance Sheet of Dreams Converge Ltd as at 31.3.2018 and 31.3.2017; Calculate Cash from operating activities. Assets Rs. Please enable Cookies and reload the page. From the Following Balance Sheet of Samta Ltd., as at 31st March, 2019, Prepare Cash Flow Statement: CBSE CBSE (Commerce) Class 12. Important Solutions 3417. Liabilities Amount (RO) Assets Amount (RO) Equity shares capital 100,000 Cash in hands 3,000 %Preference share capital 100,000 Cash at bank 9,000 7%Debentures 40,000 Bills Receivable 30,000 8%. You may use online sources to write about the ratios. The Balance Sheet Page of Raymond Ltd. presents the key ratios, its comparison with the sector peers and 5 years of Balance Sheet. From the Following Balance Sheet of Samta Ltd., as at 31st March, … Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*. Textbook Solutions 11268. Metacaf Ltd. issued 50,000 shares of ₹100 each payable ₹20 on application (on 1st May 2012); ₹30 on allotment (on 1st January 2013); ₹20 on first call (on 1st July 2013) and the balance on final call (on 1st February 2014). Excess of claim over the reserve will be: From the following balance sheet of Sohel & Co Ltd as at 315 March 2013 and also comment on the ratios. 55.From the following balance sheet of BCR Ltd as at 31st March, 2010 and 2011. Profit is part of capital or net worth. Question Bank Solutions 15386. Time Tables 18. The following are the balance sheet of X Ltd. And Y Ltd., as on 31 st march 2005. 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