24/ Prepare Balance Sheet as at 31st March, 2023 from the following information of Ford Ltd....

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24/ Prepare Balance Sheet as at 31st March, 2023 from the following information of Ford Ltd. as required under Schedule III of the Companies Act, 2013: Term Loan (Secured) Sundry Creditors Advances Cash and Bank Balances Staff Advances Taxes Payable C Securities Premium Loose Tools Investments Capital Work-in-Progress 3 7 20,00,000 18,45,000 3,72,000 2,75,000 Loss for the Year Sundry Debtors - Loans from Debtors Provision for Doubtful Debts 55,000- 1,70,000 4,75,000. Stores Property, Plant and Equipment and Intangible Assets (WDV) 50,000 Finished Goods 2,25,200 2,00,000 General Reserve - Additional Information: 1. Share Capital consists of: (a) 3,000 Equity Shares of 100 each fully paid-up. (b) 10,000-10% Preference Shares of 100 each fully paid-up. 2. Depreciation on Assets- 5,00,000. 3,58,000. 12,25,000 2,00,000 20,200 4,00,000 51,50,000- 7,50,000. 30,50,000 This sum answer will be 86,82,300. 7 24/ Prepare Balance Sheet as at 31st March, 2023 from the following information of Ford Ltd. as required under Schedule III of the Companies Act, 2013: Term Loan (Secured) Sundry Creditors Advances Cash and Bank Balances Staff Advances Taxes Payable C Securities Premium Loose Tools Investments Capital Work-in-Progress 3 7 20,00,000 18,45,000 3,72,000 2,75,000 Loss for the Year Sundry Debtors - Loans from Debtors Provision for Doubtful Debts 55,000- 1,70,000 4,75,000. Stores Property, Plant and Equipment and Intangible Assets (WDV) 50,000 Finished Goods 2,25,200 2,00,000 General Reserve - Additional Information: 1. Share Capital consists of: (a) 3,000 Equity Shares of 100 each fully paid-up. (b) 10,000-10% Preference Shares of 100 each fully paid-up. 2. Depreciation on Assets- 5,00,000. 3,58,000. 12,25,000 2,00,000 20,200 4,00,000 51,50,000- 7,50,000. 30,50,000 This sum answer will be 86,82,300. 7

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ANSWER Based on the provided information we can prepare the Balance Sheet of Ford Ltd as at 31st March 2023 Lets organize the information into the for... View the full answer