20x6 the balances in the several accounts , Financial Management

Assignment Help:

At the end of March, 20X6 the balances in the several accounts of Nitin & Company are as follows:
                                                                                  Rs. in million
 Accounts                                                                       Balance
   
Equity capital                                                                     120
Preference capital                                                               30
Fixed assets (net)                                                              217
Reserves and surplus                                                         200
Cash and bank                                                                  35 
Debentures (secured)                                                         100
Marketable securities                                                          18
Term loans (secured)                                                          90
Receivables                                                                        200
Short-term bank borrowing (unsecured)                                  70 
Inventories                                                                         210
Trade creditors                                                                    60
Provisions                                                                           20
Pre-paid expenses                                                              10
 
Required: Make the balance sheet of Nitin & Company as per the format specified by the Companies Act.


Related Discussions:- 20x6 the balances in the several accounts

Determine about the zero interest bonds, Determine about the Zero Interest ...

Determine about the Zero Interest Bonds (ZIBs) Very much alike DDBs, only crucial difference is that these are issued at face values (DDBs are issued at a discount to face valu

CAPM, Techiniques of capm Effects of capm

Techiniques of capm Effects of capm

Explain closed end country fund trade at premium or discount, Why do you th...

Why do you think closed-end country funds frequently trade at a premium or discount? Answer:  CECFs (closed-end country funds) trade at a premium or discount since capital market

Calculate the average interest rate , At the end of 1922, your great grandf...

At the end of 1922, your great grandfather (g.g.f.) established a trust fund to be used in order to help a later generation of the family obtain a university education. The ultimat

Nominal interest rate, You have to make a payment of $1,561.39 in 10 years....

You have to make a payment of $1,561.39 in 10 years. To get the money for this payment, you will make 5 equivalent deposits, starting today and for the following 4 quarters, in a b

Types and causes of unemployment, Question 1: (a) Discuss the main limi...

Question 1: (a) Discuss the main limitations of using changes in national income as an index of economic welfare. (b) What are the alternatives measures and issues that sho

Question, You deposit $500 today in a savings account that pays 3.5% intere...

You deposit $500 today in a savings account that pays 3.5% interest, compounded annually. How much will your account be worth at the end of 25 years?

List the benefits of the flexible exchange rate regime, List the benefits o...

List the benefits of the flexible exchange rate regime. Answer:  The benefits of the flexible exchange rate system include: a) Automatic attainment of balance of payments eq

Show external business risk, Q. Show External business risk? External r...

Q. Show External business risk? External risk is the result of operating conditions imposed on the firm by circumstances beyond its control. The external environments in which

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd