From the following information of Sakoor Ltd., for the year ending 31st March, 2016 examine the details
Question:
From the following information of Sakoor Ltd., for the year ending 31st March, 2016 examine the details from the point of view of
(i) Solvency position
(ii) Profitability position. Also comment on the condition of the business.
Transcribed Image Text:
II. ASSETS (1) Non-current Assets: (a) Fixed Assets (i) Tangible Assets: TOTAL Plant and Machinery Land and Building Furniture and Fixtures (2) Current Assets: (a) Inventories (b) Trade Receivables: Sundry Debtors Bills Receivables (c) Cash and Cash Equivalents - Cash in Hand 10,00,000 10,00,000 6,00,000 6,00,000 3,80,000 2,00,000 20,000 38,00,000
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Related Book For
Corporate Accounting As Per The Companies Act 2013 Including Rules 2014 And 2015
ISBN: 9789352605569
2nd Edition
Authors: M Hanif, A Mukherjee
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