Page 123 - Office Practice and Accounting 10

Cash in hand 55,000
Debtors 2,00,000
Drawing 60,000
Creditors 80,000
Goodwill 150,000
Ans: Balance sheet Rs. 7,05,000

25. Prepare a balance sheet of Surkhet Stores for the year ended 31st
December 2016 from the following particulars.
Capital 3,60,000
Bank overdraft 80,000
Machinery and equipment 3,35,000
Goodwill 30,000
Bank Loan 60,000
Investment 2,30,000
Bank 30,000
Reserve fund 1,25,00
Ans: Balance Sheet Rs. 6,25,000

26. Form the following particulars, prepare balance sheet of Palpali Dhaka
Udhyog, Palpa for the year ended 31st December, 2014.
Capital 1,50,000
Outstanding bills 60,000
Freehold premises 2,00,000
Machinery and equipment 60,000
Prepaid expenses 55,000
Debtors 45,000
Bank overdraft 90,000
Net profit 60,000
Ans: Balance Sheet Rs. 3,60,000
27. Prepare a balance sheet of Mahakali Guest House Pvt. Ltd. as on 2072
Ashar 31 according to the following particulars:
Particulars Amount (Rs.)
Capital 7,52,000
Debtors 25,000
Goodwill 13,000
Bank over draft 60,000
Net profit 1,38,000
Reserve fund 50,000
Furnitures 4,00,000
Land and building 5,62,000
Ans: Balance Sheet Rs. 10,00,000
One very short question of 1 mark and two short numerical questions
of 5 marks each will be asked from this unit.

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