From the following information, prepare Balance Sheet of Amit as at 31st March, 2023 arranging the assets and liabilitites – (i) in order of permanence, and (ii) in order of liquidity
From the following information, prepare Balance Sheet of Amit as at 31st March, 2023 arranging the assets and liabilitites – (i) in order of permanence, and (ii) in order of liquidity:
 | ₹ |  | ₹ |
Goodwill Capital Liabilities for Expenses Cash in Hand Investment Bills Payable Net Profit Sundry Debtors Land and Building |
20,000 1,80,000 1,200 1,000 20,000 10,700 92,600 50,000 60,000 |
Bank Sundry Creditors Bills Receivable Plant and Machinery Provision for Doubtful Debts Closing Stock Furniture Drawings |
20,000 63,000 13,000 40,000 2,500 80,000 16,000 30,000 |
Anurag Pathak Changed status to publish October 26, 2023