Page 111 - Office Practice and Accounting 10

Solution :

Balance sheet of …
An on ………

Capital and Liabilities Amount Rs. Assets Amount Rs.
Capital 95,000 Cash in hand 9,840
Add Net profit 22000 Cash at bank 6,600
117000 Debtors 6,700

Less drawings 4,000 1,13,000 Investment 34,000
Creditors 17,500 Furniture and 15,000
Bank overdraft 12,000 Fixtures 10,000
Office equipments 44,000
Plant and machinery 16360
1,42,500 1,42,500

15. Prepare Balance Sheet as on 31st Asar 2070 of Sagarmatha Dairy Pvt.
Ltd. from the following particulars.

Capital Rs. 1,20,000
Vehicles Rs. 1,00,000

Bankers Rs. 7,000
Net profit Rs. 22,000
Closing stock Rs. 28,000

Accrued rent Rs. 10,000
Goodwill Rs. 16,000
Outstanding salary Rs. 5,000

Balance Sheet
Sagarmatha Dairy Pvt. Ltd.
As on 31st Asar 2070

Capital and Liabilities Amount Assets Amount
Capital 1,20,000 Vehicle 1,00,000
Add. Net profit 22,000 1,42,000 Closing stock 28,000
Outstanding Salary 5,000 Accrued rent 10,000

Bankers 7,000 Goodwill 16,000
Total 1,54,000 Total 1,54,000

Office Practice and Accounting 10 105