From the Balance Sheet given below, calculate: (i) Fixed Assets (ii) Current Assets (iii) Current Liabilities (iv) Working Capital Balance Sheet as at 31st March, 2023
From the Balance Sheet given below, calculate:
(i) Fixed Assets
(ii) Current Assets
(iii) Current Liabilities
(iv) Working Capital
Balance Sheet as at 31st March, 2023
| Liabilities | ₹ | Assets | ₹ |
|
Trade Creditors Expenses Accrued Bank Overdraft Long-Term Loan Interest on Loan Capital |
42,000 3,200 4,800 20,000 1,000 93,400 |
Stock in Hand Debtors Prepaid Expenses Goodwill Land Plant Furniture |
48,000 36,000 400 20,000 20,000 32,000 8,000 |
| Â | 1,64,400 | Â | 1,64,400 |
[(i) Fixed Assets – ₹ 80,000; (ii) Current Assets – ₹ 84,400; (iii) Current Liabilities – ₹ 51,000; (iv) Working Capital – ₹ 33,400.]
Anurag Pathak Changed status to publish October 12, 2023
