| Particulars | Note No. | 31st March, 2019 Amount (Rs.) | 31st March, 2018 Amount (Rs.) |
| I. EQUITY AND LIABILITIES | |||
| 1. Shareholders’ Funds | |||
| (a) Share Capital | 5,00,000 | 5,00,000 | |
| (b) Reserves and Surplus (Surplus, i.e., Balance in Statement of Profit and Loss) | 2,00,000 | 1,45,000 | |
| 2. Current Liabilities | |||
| (a) Trade Payables | 90,000 | 50,000 | |
| (b) Other Current Liabilities | 20,000 | 10,000 | |
| (c) Short-term Provisions | 1 | 50,000 | 30,000 |
| Total | 8,60,000 | 7,35,000 | |
| II. ASSETS | |||
| 1. Non-Current Assets | |||
| (a) Fixed Assets | 4,50,000 | 4,00,000 | |
| (b) Non-Current Investments | 50,000 | 1,50,000 | |
| 2. Current Assets | 2,60,000 | 1,85,000 | |
| Total | 8,60,000 | 7,35,000 |
Notes to Accounts
| Particulars | 31st March, 2019 Amount ( Rs.) | 31st March, 2018 Amount (Rs.) |
| I. Short-term Provisions | ||
| Provision for Tax | 50,000 | 30,000 |
Additional Information:
(i) Proposed Dividend for the years ended 31st March, 2018 and 2019 are Rs. 50,000 and Rs. 75,000 respectively.
(ii) Interim Dividend paid during the year was Rs. 10,000.
SOLUTION
