Land & Buildings .8400.
Plant & Machinery .3450.
Motor Vehicles .450.
Total Fixed Assets .12300.
Bank & Cash .2700.
Total current assets .5700.
Less current Liabs.
Net current assets .4500.
Total Assets .16800.
Long term loan .1800.
Share Capital a/c .3000.
Share Premium A/c .1500.
P&L a/c b/f 4500.
Plus Profit 6000 .10500.
Total Liabilities .16800.
When you post the answer, it throws the alignment of the
figures out. They should all be under each other directly
under the pound sign, all of which should be further to the
right, away from the account descriptions. It is a very
simple P&L a/c and Balance Sheet format. You should be able
to present it with all the figures under each other.
Ideally, you need a spread sheet for that, unless you are
going to present it in hand written form. Total assets
balance total liabilities at £16800. Profit for the year is
£6000 from the P&L a/c, which is transferred to the balance
sheet and added to accumulated profits from the previous
Please Help Members By Posting Answers For Below Questions
Examples of automatic generated content material of car
When is proposed divided a current Liability and when is it
non-current liability? Why is it in the list of Current
For the production of 10,000 units the following are the
Direct materials 60
Direct labour 30
Variable overhead 25
Fixed overhead (Rs.1,50,000) 15
Selling expenses (10% fixed) 15
Variable expenses (direct) 5
Administrative expenses (Rs.50,000 fixed) 5
Distribution expenses (20% fixed) 5
Total cost of sales per unit 160
Prepare the flexible budget for the production of 6,000 ,
7,000 ,and 8,000 units of production
Short answer on _______Amendment
Placed an order with Mani for supply of goods worth Rs.5000/-.
state whether the the following transcation is business
transcation or non business transcation? with reson or
What is Merger?
What was key roles of Cashflow statement and Fund flow
statement and Balnsheet..?
Received credit note for Rs 3500 towards transport charges
on the goods supplied from Vinod traders. The transport
charges were already paid at the time of delivery. Pass
entries at the time of payment of transport and for credit
what is duties and responsibilities for clark working in sbi
What do we mean by the term "Securities" when we say
that "Govt injecting/sucking liquidity in/out of the system
by buying/selling securities?
what is sevice tax? on what service tax is applicable.
explain with examples?
What is the meaning of Receipt & Payment, Income &
Expenditure, Profit & Loss A/c? Under What cercumstances
these are prepared?
You are required to show the effect of each of the
following changes on profit and Break-Even-Volume from
the information given below:
units Rs. 5.00 per unit
cost Rs. 3.00 per
cost Rs. 70,000
(i) Price changes by 20%.
(ii) Volume decreases to 40,000 units.
(iii) Variable cost increases to Rs 3.50 per
(iv) Fixed cost decreases by 10%.
An applicant paid excess amount to the Government Office
through a demand draft for a particular permission/license
instead of actual fees. Later he went to government office
and requested to return the previously submitted demand
draft. Can he get back the Previously submitted demand
draft(which was not adjusted into government account) duly
paying he actual fee?