| Particulars | Note No. | 31st March, 2019 Amount (Rs.) | 31st March, 2018 Amount (Rs.) |
| I. EQUITY AND LIABILITIES | |||
| 1. Shareholders’ Funds | |||
| (a) Share Capital | 16,00,000 | 12,00,000 | |
| (b) Reserves and Surplus | 1 | 6,60,000 | 4,40,000 |
| 2. Non-Current Liabilities | |||
| Long-term Borrowings (10% Debentures) | 3,20,000 | 2,00,000 | |
| 3. Current Liabilities | |||
| (a) Short-term Borrowing (Bank Loan) | 80,000 | 1,10,000 | |
| (b) Trade Payables | 1,50,000 | 1,80,000 | |
| Total | 28,10,000 | 21,30,000 | |
| II. ASSETS | |||
| 1. Non-Current Assets | |||
| (a) Fixed Assets−Tangible | 2 | 19,00,000 | 12,10,000 |
| (b) Non-Current Investments | 2,70,000 | 2,00,000 | |
| 2. Current Assets | |||
| (a) Current Investments | 1,60,000 | 80,000 | |
| (b) Trade Receivables | 1,80,000 | 4,00,000 | |
| (c) Cash and Cash Equivalents | 3 | 3,00,000 | 2,40,000 |
| Total | 28,10,000 | 21,30,000 |
Notes to Accounts
| Particulars | 31st March, 2019 Amount (Rs.) | 31st March, 2018 Amount (Rs.) |
| 1. Reserves and Surplus : | ||
| Securities Premium Reserve | 20,000 | … |
| General Reserve | 3,00,000 | 2,40,000 |
| Surplus i.e., Balance in the Statement of Profit and Loss | 3,40,000 | 2,00,000 |
| 6,60,000 | 4,40,000 | |
| 2. Fixed Assets−Tangible | ||
| Machinery (Cost) | 21,40,000 | 14,00,000 |
| Less: Accumulated Depreciation | 2,40,000 | 1,90,000 |
| 19,00,000 | 12,10,000 | |
| 3. Cash and Cash Equivalents | ||
| Cash in Hand | 1,40,000 | 1,10,000 |
| Bank Balance | 1,60,000 | 1,30,000 |
| 3,00,000 | 2,40,000 |
Additional Information :
(i) During the year, Machinery costing Rs. 1,40,000 (accumulated depreciation provided thereon Rs. 1,10,000) was sold for Rs. 20,000.
(ii) During the year, Non-current Investments costing Rs. 80,000 were sold at a profit of Rs. 16,000.
SOLUTION
