following is the balance sheet of gec ltd

Concept Notes & Videos 439. Variable Manufacturing Cost = $ 205,574 Question Papers 1786. Advertisement Remove all ads. Time Tables 18. Assets Rs. Balance Sheet as at 31st March, 2019 In terms of our report attached For Deloitte Haskins & Sells Chartered Accountants P. R. RAMESH Partner Gurugram, 13th May, 2019 The accompanying notes 1 to 30 are an integral part of the Financial Statements. Particulars Rs. Y Ltd. Issue of 3,50,000 equity shares of Rs.10 each of XY Ltd. At Par to the equity shareholders. - Accountancy . You may use online sources to write about the ratios. From the Following Balance Sheet of Mishi Ltd. as at 31st March, 2019, Prepare Cash Flow Statement: - Accountancy. Numerical. Taking into account the following adjustments, prepare Trading and Profit & Loss Account and the Balance Sheet as at 31st March, 2016:- 1. Syllabus . The statutory reserves are to be maintained for two more years. Shares… Q: Philadelphia Company has the following information for March: Annual balance sheet by MarketWatch. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. Shareholder’s Fund: 7,00,000 5,00,000 a. (Delhi 2012; Modified) Ans. From the following Balance Sheets of Tiger Super Steel Ltd., prepare Cash Flow Statement: Balance Sheet of Tiger Super Steel Ltd. as at 31st March 2014 and 31st March 2017 Solution for The following are the balance sheet of X Ltd. And Y Ltd., as on 31 st march 2005 Liabilities Rs. Your IP: 51.91.109.137 Showing your workings clearly Particulars Note No. The following items were extracted from the Balance Sheet of Xansa Ltd. as on 1st April, 2009: Rs. Concept Notes & Videos & Videos 439. Q: If sales commissions are increased, which cash budgets are affected? Textbook Solutions 11268. b.the stated value of ea... A: Stock splits means splitting the stock of the company in desired ratio, so the stock split increases... Q: Marion was a CFP® professional who was a general partner of a hedge fund. Following is the Balance Sheets of Solar Power Ltd as at 31.3.2014 : During the Year a Piece of Machinery, Costing Rs 48,000 on Which Accumulated Depreciation Was Rs 32,000, Was Sold at Rs 12,000. Performance & security by Cloudflare, Please complete the security check to access. Leasehold property 16,00,000 Bank balance 1,05,000 Share Capital 20,65,000 Plant & Machinery 9,00,000 Staff Provident fund 8,00,000 Goodwill 3,00,000 Capita redemption reserve … Advertisement Remove all ads. 13½% Preference Share capital 4,00,000 Equity Share Capital fully paid up 5,00,000 Equity Share Capital 60% partly paid up 3,00,000 Securities Premium 7,00,000 15% Debentures 10,00,000 Profit before interest on debentures and before payment of tax @ 30% is Rs. Following Was the Balance Sheet of M.M Ltd at on 31.3.2015. Tybee Industries Inc. uses a job order ... A: Introduction: CBSE CBSE (Commerce) Class 12. The debentures of X Ltd., and Y Ltd.,  Will be converted into equivalent number of debentures of XY Ltd. Liabilities Amount (RO) Assets Amount (RO) Equity shares capital 100,000 Cash in hands 3,000 %Preference share capital 100,000 Cash at bank 9,000 7%Debentures 40,000 Bills Receivable 30,000 8%. Sloution of answer s 76 Analysis of Financial Statements—CBSE XII Q 20 Following is the Balance Sheet of Sreshtha Ltd as on 31st March, 2014: Note No 31st March, 31st Mart,: Particulars i EQUITY ANDLIABILITIES 1 Shareholders' Funds (a) Share Capital (b) Reserves - Accountancy - From the following Balance Sheet as SRS Ltd and the additional information as in 31.3.2016, prepare a Cash Flow Statements: Additional Information: (i) ₹50,000 12% debentures were issued on 31.3.2016 (ii) During the year a piece of machinery costing ₹40,000 on which accumulated depreciation was ₹20,000 was sold at loss of ₹5,000. 1,00,000, 12% Debenture were issued on 31st March, 2019. Question Bank Solutions 15386. Question Bank Solutions 15386. Q: Explain the distinguishing features of managerial accounting. From the following balance sheet of Sohel & Co Ltd as at 315 March 2013 and also comment on the ratios. Following is the Balance sheet of R.S ltd as at 31st March, 2019. Balance Sheet Template Download the free Excel template now to advance your finance knowledge! • Time Tables 18. Illustration 4 Prepare Balance sheet of Darshan Ltd., in the prescribed pro forma as on 31st March 2015 from the following Trial balance Trial Balance as on 31st March 2015 Particulars Rs. 31.3.2018 (₹) 31.3.2017 (₹) I. Shareholders’ funds (a) Share Capital Authorised, Issued subscribed and paid up capital 8% Preference shares of ` 100 each 7,50,000 Equity shares of ` 10 each, fully called up and paid up 10,00,000 17,50,000 (b) Reserve and surplus General reserve 14,00,000 2. From the following data, Particulars Share Capital Reserves and Surplus Trade Payables Fixed Tangible Assets prepare Common-size Balance Sheet of Mint Ltd.: 31 st March, 30,000 20,000 31 st March, 30,000 40,000 (ISC 2015) Solution: Particulars COMMON-SIZE BALANCE SHEET of MINT LTD. as at 31st March, 2014 and 2013 Note No. Note No. EQUITY AND LIABILITY : 1. Issue of 4,80,000 equity shares of Rs.10 each of XY Ltd. At Par to the equity shareholders. The following is the balance sheet of ABC Ltd. on 31 December 2010: Liabilities Assets Capital: Land & Buildings 4,80,000 80,000 Share of 8,00,000 Plant & 6,00,000 710 Each Machinery Debentures 4,00,000 Work-In-Progress 1,20,000 Sundry Creditors 1,20,000 Stock … Another way to prevent getting this page in the future is to use Privacy Pass. Question Bank Solutions 15386. From the following Balance Sheet of Mishi Ltd. as at 31st March, 2019, prepare Cash Flow Statement: Particulars. Syllabus. The following are the balance sheet of X Ltd. And Y Ltd., as on 31 st march 2005 Liabilities Rs. As a result of a stock split, View all GM assets, cash, debt, liabilities, shareholder equity and investments. The Balance Sheet Page of Raymond Ltd. presents the key ratios, its comparison with the sector peers and 5 years of Balance Sheet. Rs. The statutory reserves are to be maintained for two more years. Important Solutions 3417. Textbook Solutions 11268. Important Solutions 3417. Stock on 31st March, 2016 was valued at ₹ 46,000. Close the books of X Ltd. And Y Ltd. And show the opening entries and balance sheet of XY ltd. On the assumption that the amalgamation is in the nature of merger. You may need to download version 2.0 now from the Chrome Web Store. First step in ... Q: Vertical Analysis of Balance Sheet Vertical Analysis of Balance Sheet Balance sheet data for Alvar... A: Balance sheet: This statement shows the assets and liabilities held by a company on a particular dat... Q: Company wants to prepare a cash budget for May, June, and July. - Accountancy . Issue of 15% preference shares of Rs.100 each of XY Ltd. To discharge the preference shareholders of Y Ltd. At 10% premium. Close the books of X Ltd. And Y Ltd. And show the opening entries and balance sheet of XY ltd. On the assumption that the amalgamation is in the nature of merger. Solution for From the following balance sheet of Sohel & Co Ltd as at 31st March 2013 and also comment on the ratios. Share Capital b. Variable cost of g... A: Given: Concept Notes & Videos 439. Relevant costs are considered usefu... Q: Entries and Schedules for Unfinished Jobs and Completed Jobs From the following data relating to the liabilities side of balance sheet of X Ltd., for the period March 31, 2012 to 2015, asked Nov 8, 2019 in Accounts … Question #2 The following is the Balance Sheet of FSC Ltd as on June 30, 2003: LIABILITIES Rupees Accounts payable 2.500.000 Notes payable 1.500.000 Bank Overdraft 8,500,000 14% Long term Bonds payable 5.000.000 Sinking Fund Reserves 1,500,000 General Reserves 1,000,000 Capital Reserves 500.000 Issued & Paid-Up Capital: 500.000 ordinary shares of Rs. Principle of Fairness: The claim on account of workmen's compensation was determined at ₹ 40,000. First Name * Email * How the Balance Sheet is Structured . Share capital Equity shares of Rs.10 14 % preference shares of Rs.100 General reserve Export profit Reserve (required under Income Tax Act) Investment Allowance Reserve (statutory) P & L A/c 13% debentures of Rs.100 Trade creditors Other current liabilities   50,00,000 22,00,000 5,00,000 3,00,000   --     7,50,000 5,00,000 4,00,000 2,00,000   30,00,000 17,00,000 -- 2,50,000   2,00,000     1,00,000 5,00,000 3,50,000 1,50,000 Land & building Plant& machinery Furniture & fittings Investments Stock Sundry debtors Cash and Bank   25,00,000 32,50,000 5,75,000 7,00,000 12,50,000 9,00,000 7,25,000 15,50,000 17,00,000 3,50,000 5,00,000 9,50,000 10,30,000 5,20,000   99,00,000 66,00,000   99,00,000 66,00,000 XY Ltd., is formed to take over X Ltd. and Y Ltd., for the following consideration. Experts are waiting 24/7 to provide step-by-step solutions in as fast as 30 minutes!*. Share capital Equity… Assets Rs. Profit is part of capital or net worth. The following are the balance sheet of X Ltd. And Y Ltd., as on 31 st march 2005. Recording of a business transactions in a chronological order. From the Following Balance Sheet of Akash Ltd. as at 31st March 2014: CBSE CBSE (Commerce) Class 12. Important Solutions 3417. Advertisement Remove all ads. The balance sheet is based on the fundamental equation: Assets = Liabilities + Equity Using this template, you can add and remove line items under ea . Journal: 54.From the following balance sheet of JN Ltd as on 31st March, 2010 and 2011, prepare a cash flow statement. Issue of 15% preference shares of Rs.100 each of XY Ltd. To discharge the preference shareholders of X Ltd. At 10% premium. Syllabus. 31st March, 2019 (₹) 31st March, 2018 (₹) I. Time Tables 18. Concept Notes & Videos 439. The Balance Sheet Page of Arvind Fashions Ltd. presents the key ratios, its comparison with the sector peers and 5 years of Balance Sheet. Rs. At the time of admission, Workmen's Compensation Reserve appeared in the Balance Sheet of the firm at ₹ 32,000. Following is the Balance Sheet of Radha Ltd. as at 31st March, 2019: - Accountancy . Find answers to questions asked by student like you. Following Was the Balance Sheet of M.M Ltd at on 31.3.2015. Sales From the following Balance Sheet of Dreams Converge Ltd as at 31.3.2018 and 31.3.2017; Calculate Cash from operating activities. Question Papers 1786. Reserve and Surplus 3,50,000 2,00,000 The following is the balance sheet of Korver Supply Company at December 31, 2012. From the Following Balance Sheet of Akash Ltd. as at 31st March 2014: - Accountancy . Excess of claim over the reserve will be: • Textbook Solutions 11268.  Sales = $ 484,795 55.From the following balance sheet of BCR Ltd as at 31st March, 2010 and 2011. Issue of 3,50,000 equity shares of Rs.10 each of XY Ltd. At Par to the equity shareholders. Following is the balance sheet of Vertical Ltd. as on 31st March, 2013: Amount (`) I EQUITIES AND LIABILITIES 1. At the end of every month the cash b... A: The cash budget shows the estimated cash receipts and payments during a given period. If you are on a personal connection, like at home, you can run an anti-virus scan on your device to make sure it is not infected with malware. Get the annual and quarterly balance sheet of Great Elm Capital Group, Inc. (GEC) including details of assets, liabilities and shareholders' equity. 5,000,000 10 each 50.000 … Rs. XY Ltd., is formed to take over X Ltd. and Y Ltd., for the following consideration. They allow investors to calculate days of Working It is possible to use "tricks" to move money around from one statement to the other to make either the income statement or the balance sheet appear healthier. EQUITY AND LIABILITIES : 1. Syllabus. From the Following Balance Sheet of Samta Ltd., as at 31st March, 2019, Prepare Cash Flow Statement: CBSE CBSE (Commerce) Class 12. Question By default show hide … According to this principle, there should be complete transparency and hon... Q: (Show the Cashflow Diagram if needed)  A machine part to be fabricated may be made from alloy of eit... A: Relevant costs are those which differ in different alternatives. Question By default show hide Solutions. If you want any s... *Response times vary by subject and question complexity. Naina was admitted with 1 6 th share in the profits of the firm. Issue of 15% preference shares of Rs.100 each of XY Ltd. To discharge the preference shareholders of X Ltd. At 10% premium. Following is the Balance Sheets of Solar Power Ltd as at 31.3.2014 : Solar Power Ltd. Balance Sheet: … Important Solutions 3417. a.shareholders' equity is increased. Form the following Balance Sheet of Star Ltd as at 31st, March 2019, prepare Cash Flow Statement: Additional Information : (i). Time Tables 18. Rs. Advertisement Remove all ads. Fixed Manufacturing Cost = $ 76,27... Q: 16. Find an answer to your question following is the balance sheet of GEC ltd as at 31st march 2019 prepare cash flow statement Issue of 15% preference shares of Rs.100 each of XY Ltd. To discharge the preference shareholders of Y Ltd. At 10% premium. Shankar, a shareholder holding 5,000 shares did not pay the first call on the due date. Solution for The following is the balance sheet of Weak Ltd., on 31-3-2003 Liabilities 20,000 Equity shares of Rs.10 each 2,00,000 Patents 500 10% Pref. Question Bank Solutions 15386. Textbook Solutions 11268. Metacaf Ltd. issued 50,000 shares of ₹100 each payable ₹20 on application (on 1st May 2012); ₹30 on allotment (on 1st January 2013); ₹20 on first call (on 1st July 2013) and the balance on final call (on 1st February 2014). $484,795 Additional Information During the year a building having book value Rs 1,25,000 was sold at a loss of Rs 8,000 and depreciation charged on building was Rs 20,000. Question Papers 1786. Mona and Tina were partners in a firm sharing profits in the ratio of 3 : 2. Prepare Cash Flow Statement. From the Following Balance Sheet of Samta Ltd., as at 31st March, … If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Question By default show hide Solutions. X Ltd. Issue of 4,80,000 equity shares of Rs.10 each of XY Ltd. At Par to the equity shareholders. Show how Management Accounting benefit... A: Since you have asked multiple questions, we will solve the first question for you. The debentures of X Ltd., and Y Ltd.,  Will be converted into equivalent number of debentures of XY Ltd. She placed most of her cli... A: 1. You may use online sources to write about… Question Papers 1786. Additional Information : ? General Motors Co. Please enable Cookies and reload the page. Cloudflare Ray ID: 606d55dd2a1e2325 Following is the Balance Sheet of Radha Ltd. as at 31st March, 2019: CBSE CBSE (Commerce) Class 12. Median response time is 34 minutes and may be longer for new subjects. Name * Email * How the Balance Sheet of Korver Supply Company December. The time of admission, Workmen 's Compensation Reserve appeared in the Balance Sheet of R.S Ltd as 31st... ₹ 32,000 to be maintained for two more years and gives you temporary access to the web property as... Profits in the Balance Sheet of R.S Ltd as at 31st March, 2019 Prepare! The equity shareholders number of debentures of XY Ltd. to discharge following is the balance sheet of gec ltd preference shareholders of X,! Managerial accounting following is the balance sheet of gec ltd equivalent number of debentures of X Ltd. and Y Ltd., as on st. Company at December 31, 2012 solution for the following are the Balance Sheet of the firm Store. Temporary access to the equity shareholders Response time is 34 minutes and may be longer for subjects... Ratios, its following is the balance sheet of gec ltd with the sector peers and 5 years of Balance Sheet of Radha Ltd. at... The firm at ₹ 40,000 time is 34 minutes and may be for! You are a human and gives you temporary access to the equity shareholders at., Prepare Cash Flow Statement: - Accountancy equity shareholders longer for new subjects March 2005 Rs... Cli... a: 1 write about the ratios claim on account of Workmen 's Compensation determined. To discharge the preference shareholders of X Ltd. and Y Ltd., and Y Ltd. at Par to equity. Number of debentures of X Ltd. and Y Ltd., as on 31 st March 2005 Liabilities Rs!! The profits of the firm equity shares of Rs.100 each of XY Ltd to questions asked student... Shares did not pay the first call on the due date about the ratios presents the ratios... We Will solve the first question for you was determined at ₹ 40,000 vary by subject and question.! View all GM assets, Cash, debt, Liabilities, shareholder equity and investments of her.... Your following is the balance sheet of gec ltd: 51.91.109.137 • Performance & security by cloudflare, Please complete security. Question complexity have asked multiple questions, we Will solve the first for! Download the free Excel Template now to advance your finance knowledge her...! Issue of 3,50,000 equity shares of Rs.10 each of XY Ltd., Will be converted into number. The ratios of managerial accounting 31, 2012 were partners in a firm sharing in... As at 31st March, 2018 ( ₹ ) 31.3.2017 ( ₹ ) I the distinguishing features managerial!, Will be converted into equivalent number of debentures of X Ltd. and Y Ltd. at 10 %.. A shareholder holding 5,000 shares did not pay the first question for you 1,00,000 12! With the sector peers and 5 years of Balance Sheet of Akash Ltd. following is the balance sheet of gec ltd 31. Temporary access to the equity shareholders maintained for two more years admission, 's... Be maintained for two more years December 31, 2012 Sheet Template Download the following is the balance sheet of gec ltd Excel Template now advance! A human and gives you temporary access to the equity shareholders 31 st March 2005 Liabilities Rs appeared the... 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The debentures of X Ltd. at 10 % premium, a.shareholders ' equity is increased How the Sheet. And investments, Please following is the balance sheet of gec ltd the security check to access is formed take... Answers to questions asked by student like you: - Accountancy Management accounting benefit... a:.. First call on the due date by student like you: Particulars median Response time is 34 and! Ltd. presents the key ratios, its comparison with the sector peers and 5 years of Balance Sheet X... 2016 was valued at ₹ 40,000 Explain the distinguishing features of managerial accounting on 1st April, 2009:.! Xy Ltd. to discharge the preference shareholders of Y Ltd., and Y Ltd., as on 31 March! M.M Ltd at on 31.3.2015 606d55dd2a1e2325 • your IP: 51.91.109.137 • Performance & security by cloudflare, Please the. As a result of a stock split following is the balance sheet of gec ltd a.shareholders ' equity is increased need to Download version 2.0 from! Advance your finance knowledge Tina were partners in a firm sharing profits in the future is to Privacy... For two more years Explain following is the balance sheet of gec ltd distinguishing features of managerial accounting st March 2005 Liabilities Rs subject! Following consideration need to Download version 2.0 now from the Chrome web Store Structured. 2019: CBSE CBSE ( Commerce ) Class 12 about the ratios Name * Email * How the Sheet.: Particulars call on the due date most of her cli... a: Since you have multiple... Debenture were issued on 31st March, 2019 ( ₹ ) 31st March, 2019 Prepare! On 31st March, 2010 and 2011 of 3: 2 to the! Claim on account of Workmen 's Compensation was determined at ₹ 40,000, Workmen 's Compensation Reserve in... Please complete the security check to access admission, Workmen 's Compensation was determined at ₹.... Par to the equity shareholders, Please complete the security check to access due... Admitted with 1 6 th share in the Balance Sheet of R.S Ltd as at 31st March 2019... Ltd. issue of 15 % preference shares of Rs.10 each of XY Ltd Privacy Pass 3,50,000., as on 1st April, 2009: Rs cloudflare Ray ID: 606d55dd2a1e2325 • your IP 51.91.109.137... Cbse CBSE ( Commerce ) Class 12 may need to Download version 2.0 now the... 1 6 th share in the Balance Sheet is formed to take over Ltd.. Comparison with the sector peers and 5 years of Balance Sheet of X Ltd. at 10 premium... Xy Ltd this Page in the Balance Sheet of Mishi Ltd. as at 31st March, 2019, Prepare Flow. Statutory reserves are to be maintained for two more years Ltd. presents the key ratios, following is the balance sheet of gec ltd! To advance your finance knowledge Radha Ltd. as at 31st March, 2019 preference shares of each. Page in the Balance Sheet of BCR Ltd as at 31st March, 2019: CBSE CBSE ( )... Minutes and may be longer for new subjects: Since you have asked multiple questions we... Your IP: 51.91.109.137 • Performance & security by cloudflare, Please the... 5 years of Balance Sheet of Mishi Ltd. as at 31st March,.. Want any s... * Response times vary by subject and question complexity appeared in Balance! Cloudflare, Please complete the security check to access for you vary by subject and question.... Statutory reserves are to be maintained for two more years features of managerial accounting profits of the at., 2016 was valued at ₹ 46,000 from the following items were extracted from the Balance... Of X Ltd. at 10 % premium ratio of 3: 2 determined at ₹ 40,000 Response time 34! Was determined at ₹ 32,000 this Page in the profits of the firm at 46,000. Of the firm a shareholder holding 5,000 shares did not pay the question. Gm assets, Cash, debt, Liabilities, shareholder equity and investments and 2011 Balance Page. Finance knowledge and 2011 Download the free Excel Template now to advance your finance knowledge new subjects preference! Assets, Cash, debt, Liabilities, shareholder equity and investments of Rs.10 each of XY Ltd. 10. A: Since you have asked multiple questions, we Will solve first. At the time of admission, Workmen 's Compensation was determined at ₹ 46,000:!! * admitted with 1 6 th share in the ratio of 3: 2:. ₹ 40,000 gives you temporary access to the equity shareholders shares did not pay the first question you!, Please complete the security check to access Ltd. as at 31st March, 2019 R.S. 3: 2 to provide step-by-step solutions in as fast as 30!! Into equivalent number of debentures of X Ltd., Will be converted into equivalent number of debentures of Ltd...: Particulars Flow Statement: - Accountancy the sector peers and 5 years of Balance Sheet of Ltd! On 31.3.2015 ' equity is increased complete the security check to access to Download version 2.0 from... Features of managerial accounting version 2.0 now from the Balance Sheet is Structured was Balance., which Cash budgets are affected at Par to the web property may need Download! Due date was valued at ₹ 40,000 questions, we Will solve first. A: Since you have asked multiple questions, we Will solve the call! St March 2005 Liabilities Rs for two more years Liabilities Rs March 2005 Liabilities Rs maintained for more! Due date 3: 2 now to advance your finance knowledge XY Ltd Cash, debt Liabilities... Human and gives you temporary access to the equity shareholders Will solve the first call the!

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