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Final Accounts of Companies—Application of Schedule III, Part I... 10.7
II. ASSETS
1. Non-Current Assets
(a) Fixed Assets—Tangible 6 9,00,000
Intangible 7 40,000
Capital Work-in-Progress 8 4,00,000
(b) Non-Current Investments 9 4,00,000
2. Current Assets
Trade Receivables 10 20,000
Total 17,60,000

Notes to Accounts
1. Share Capital `
Authorised Capital
...Equity Shares of ` 10 each ...
Issued Capital
1,00,000 Equity Shares of ` 10 each 10,00,000
Subscribed Capital
Subscribed and Fully Paid-up:
1,00,000 Equity Shares of ` 10 each 10,00,000
2. Reserves and Surplus
Securities Premium Reserve 1,00,000
Less: Discount on Issue of Debentures (W/o) 1,00,000 ...
Surplus, i.e., Balance in Statement of Profit and Loss (50,000)
(50,000)
3. Long-term Borrowings
12% Debentures 5,00,000
Deposits 50,000
5,50,000
4. Trade Payables
Creditors 2,50,000
5. Other Current Liabilities
Unclaimed Dividend 10,000
6. Fixed Assets—Tangible
Livestock 9,00,000
7. Fixed Assets—Intangible
Patents 40,000
8. Capital Work-in-Progress
4,00,000
Work-in-Progress*
9. Non-Current Investments
Government Bonds 4,00,000
10. Trade Receivables
Accounts Receivable (Debtors) 20,000
*Work-in-Progress has been treated as Capital Work-in-Progress.
Contingent Liabilities: Proposed Dividend for the current year, i.e., year ended 31st March, 2018 is ` 50,000.