| Particulars | Note No. | 31st March, 2019 Amount (Rs.) | 31st March, 2018 Amount (Rs.) |
| I. EQUITY AND LIABILITIES | |||
| 1. Shareholders’ Funds | |||
| (a) Share Capital | 1 | 16,00,000 | 10,40,000 |
| (b) Reserves and Surplus, | 2 | 5,50,000 | 2,60,000 |
| 2. Non-Current Liabilities | |||
| Long-term Borrowings: | |||
| 9% Debentures | 4,00,000 | 6,00,000 | |
| 3. Current Liabilities | |||
| Trade Payables | 4,50,000 | 1,00,000 | |
| Total | 30,00,000 | 20,00,000 | |
| II. ASSETS | |||
| 1. Non-Current Assets | |||
| Fixed Assets | 20,00,000 | 15,00,000 | |
| 2. Current Assets | |||
| (a) Inventories | 3,00,000 | 2,00,000 | |
| (b) Trade Receivables | 2,00,000 | 1,00,000 | |
| (c) Cash and Cash Equivalents | 5,00,000 | 2,00,000 | |
| Total | 30,00,000 | 20,00,000 |
Notes to Accounts
| Particulars | 31st March, 2019 Amount (Rs.) | 31st March, 2018 Amount (Rs.) |
| 1. Share Capital | ||
| Equity Share Capital | 15,00,000 | 10,00,000 |
| 7% Preference Share Capital | 1,00,000 | 40,000 |
| 16,00,000 | 10,40,000 | |
| 2. Reserves and Surplus | ||
| General Reserve | 4,00,000 | 60,000 |
| Surplus, i.e., Balance in Statement of Profit and Loss | 1,50,000 | 2,00,000 |
| 5,50,000 | 2,60,000 |
Additional Information:
1. During a year, a machinery costing Rs. 20,000 was sold for Rs. 6,000.
2. Dividend paid during the year Rs. 50,000.
SOLUTION
