Page 270 - ISCDEBK-12
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Final Accounts of Companies—Application of Schedule III, Part I... 10.21
Notes to Accounts
1. Share Capital `
Authorised Capital
... Equity Shares of ` 100 each ...
Issued Capital
10,000 Equity Shares of ` 100 each 10,00,000
Subscribed Capital
Subscribed and Fully Paid-up
10,000 Equity Shares of ` 100 each 10,00,000
2. Reserves and Surplus
Surplus, i.e., Balance in Statement of Profit and Loss 2,37,500
3. Long-term Borrowings
8% Debentures (Secured against Land) 5,00,000
Loan from Subsidiary 1,25,000
6,25,000
4. Trade Payables
Creditors 75,000
5. Other Current Liabilities
Interest Accrued and Due on 8% Debentures 40,000
6. Short-term Provisions
Provision for Tax 62,500
7. Fixed Assets—Tangible
Cost 16,50,000
Less: Accumulated Depreciation 75,000 15,75,000
8. Non-Current Investments
Investments 1,75,000
9. Trade Receivables
Bills Receivable 50,000
10. Cash and Bank Balances
Cash and Bank Balances 1,40,000
