Reference no: EM13298387
Ahsan seeds limited was incorporated with a nominal capital of Rs. 10,00,000 composed of equity shares of Rs. 10 each. The following trial balance was extracted from the books as on 31st December 1993.
Dr Cr
Rs Rs
Share capital (fully called-up) 4,00,000
Stock????????.. 1,00,000
Gross profit?????? 2,00,000
Sundry debtors and creditors? 1,45,000 30,000
Fixed assets (at cost):
Furniture???? 60,000
Motorcar???? 21,000
Premises???? 2,00,000
Depreciation provision up to
31st December , 1992:
furniture?????. 10,000
motorcar????? 6,000
premises????? 5,000
salaries?????? 35,000
printing & stationary??? 1,000
postage & telegrams???. 1,500
motor car expenses???... 4,500
investments in shares (at cost) 15,000
dividends 1,500
audit fee 750
directors fee &nbõnsx.øi5nbsp; 1200
profit and loss account 31-12-1992?. 26.000
cash at bank??????? 91.680
cash in hand??????? 1.870
TOTAL 6, 78,500 6, 78,500
The following further particulars are available:
1. market value of shares as on 31st December 1993 Rs. 16,000.
2. depreciation to be provided on furniture at 10% motor car at 0%. Premises at 2.5%
3. provision to be made for :taxation Rs.70,000: proposed dividens at 15% you are reuired to draw up the:
(a) profit and loss account for the year 1993
(b) profit & loss appropriation account
(c) balance sheet as at December 1993
|
How far from the girls intial position do they meet
: A 40-kg firl and an 8.4-kg sled are on the surface of a frozen lake, 15 m apart. By means of a rope the girl exerts a 5.2-N force on the sled, How far from the girl's intial position do they meet
|
|
Assume propagation speed of the signal in the medium
: The distance between two stations in a 10 Mbps LAN using CSM/CD multiple access method is 2,000 meters. Station A sends a long frame first and three micro seconds later, C starts sending a long frame
|
|
Explain what is the enthalpy for reaction 1 reversed
: What is the enthalpy for reaction 1 reversed. Reversed equation: CO2-->CO+(1/2)O2 Express answers in kJ per mole.
|
|
Calculate ph of buffer solution prepared by mixing water
: Calculate the pH of a buffer solution prepared by mixing 8.5g KH2PO4 with 43.5g K2HPO4 in 1 liter of water (this is actually the composition of the dilution water used in a BOD test. Follow the same procedures you have been using for previous acid/..
|
|
Evaluate market value of shares
: market value of shares as on 31st December 1993 Rs. 16,000 - depreciation to be provided on furniture at 10% motor car at 0%. Premises at 2.5%
|
|
Employment laws differ in a global environment
: In what ways do employment laws differ in a global environment? Provide an example of a country with different employment laws. Is there a reason for the difference? Do you agree with the difference? Why or why no
|
|
Explain what is the solubility product of silver sulfide
: Silver sulfide is the tarnish that forms over time on polished silver. If a saturated aqueous solution of it at a certain temperature has a [Ag+] = 4 x 10^-17, what is the solubility product of silver sulfide at this temperature
|
|
What is the logs total kinetic energy at the bottom of ramp
: A cylinderical wooden log rolls (without slipping) down a small ramp. The log has a radius of 15 cm, a length of 2.0 m, and a mass of 78 kg. What is the log's total kinetic energy at the bottom of the ramp
|
|
Power for labor unions and for corporations
: It is almost universally accepted that labor unions, but not companies, must be democratic. Why is there this dichotomy? What does this dichotomy imply about the organizational structures and sources of power for labor unions and for corporations?
|