Page 177 - Account 10

25. Prepare a balance sheet of Kumari Cenema Industries private limited for the
fiscal year 2075/067 from the following particulars. 2068(R)

Capital 5,00,000/- Bank Balance 7,00,000/-
Cash in Hand 50,000/- Prepaid Expenses 40,000/-
Creditors 3,70,000/- Debtor 4,10,000/-
Loan 1,00,000/- Net Profit 2,30,000/-
Ans: Balance sheet total = Rs. 1200000

26. Prepare balance sheet of ‘D.B Agrovet’ on the basis of the following particular
as on 32 Asar, 2068. 2067 (S)
nd
Description Amount Description Amount
Capital Rs. 1,00,000/- Debtor Rs. 1,00,000/-
Drawing Rs. 50,000/- Land Rs. 1,25,000/-
Creditor Rs. 1,00,000/- Net profit Rs. 1,00,000/-
Investment Rs. 1,50,000/- Bill receivable Rs. 7,500/-
Ans: 6,00,000
27. Prepare balance sheet of City Super Market Pvt. Ltd. as on 32 Ashadh, 2067
nd
on the basis of following particulars. 2067(R)

Capital Rs. 2,50,000/- Goodwill Rs. 55,000/-
Outstanding wages Rs. 10,000/- Furnitures Rs. 25,000/-
Reserve fund Rs. 60,000/- Closing stock Rs. 1,50,000/-
Bank and cash Rs. 1,20,000/- Net profit Rs. 30,000/-
Ans: Balance sheet total Rs. 3,50,000
28. Prepare Balance Sheet of Mahalaxmi Gas Company Pokhara for the fiscal
year 2064/2065 upto the end of Asar from the following particulars : 2066(S)
Capital Rs. 10,00,000/- Creditors Rs. 45,000/-
Prepaid expenses Rs. 32,000/- Bankers Rs. 42,000/-
Acquired income Rs. 13,000/- Land and building Rs. ,00,000/-
Bills receivable Rs. 1,70,000/- Net profit Rs. 28,000/-
Ans: Rs. 11,15,000
29. Prepare Balance Sheet of Pashupati Rubber Industry on the basis of following
particular as on 31 Ashad, 2063 : 2065(R)
st
Description Amount Description Amount
Capital Rs. 1,50,000 Prepaid expenses Rs. 75,000
Reserve fund Rs. 60,000 Debtors Rs. 45,000
Building Rs. 2,00,000 Bank overdraft Rs. 90,000
Machine Rs. 60,000 Net profit Rs. 80,000
Ans: Balance sheet total = Rs. 3,80,000

176 Aakar’s Office Practice and Accountancy - 10 Final Accounts 177