The following is the Balance Sheet of XYZ Ltd. as on 31st Marchr, 2016: I. EQUITY AND
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The following is the Balance Sheet of XYZ Ltd. as on 31st Marchr, 2016:
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I. EQUITY AND LIABILITIES (1) Shareholders' Funds: (a) Share Capital -50,000 Equity Shares of 10 each fully paid (b) Reserves and Surplus --Profit and Loss Account Balance Sheets of XYZ Ltd. as at 31st March, 2016 Particulars (1) (2) Share Application Money Pending Allotment: (3) Non-current Liabilities: (4) Current Liabilities : (a) Trade Payables: Sundry Creditors Bills Payable TOTAL II. ASSETS (1) Non-current Assets: (a) Fixed Assets (i) Tangible Assets: Plant and Machinery Land and Builsing (ii) Intangible Assets -- Goodwill (b) Non-current investments (2) Current Assets: (a) Inventories (b) Trade Receivables - Debtors (c) Cash and Cash Equivalents -- Cash at Bank Note No. (2) TOTAL From the above information, you are asked to ascertain the value of each equity share of the company. Amount (3) 5,00,000 1,00,000 40,000 10,000 6,50,000 2,00,000 1,50,000 40,000 60,000 1,00,000 80,000 20,000 6,50,000
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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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