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13. From the following particulars, prepare balance sheet as on 31 Dec. 2014

Particular Dr (Rs) Cr. (Rs)
Capital – 40,000
Drawings 4400 –
Creditors and Debtors 6400 4200
Cash 360 –
Bank 7200 –
Furniture 3700 –
Plant 10,0000 –
Net profit – 1660
General reserve – 1000
Closing stock 14800 –
46860 46860

Ans: Balance sheet Rs. 42460
14. The following balances have been extracted from the books of Sanju
and Sangeet Ltd. as on 31 Ashad 2073.

Particular Dr. (Rs) Cr. (Rs)
Inventory 30,000 –
Share capital – 2,50, 000
Account receivable 50,000 –
Net profit – 76,500
Plant and equipment 2,25,000 –
Goodwill 14500 –
Land and building 135,000 –
Cash 10,000 –
Account payable – 39000
Reserve fund – 50,000
Bank loan – 50,000
Advance expenses 127500 –
Bank overdraft – 23500
Investment 12000 730,000
Drawing 15,000 –
Creditor – 1,30,000

Required: Balance sheet
Ans: Balance Sheet Rs 6,04,000

Office Practice and Accounting 10 113