Page 78 - MA12

Ratio Analysis 4.23

BALANCE SHEET as at 31st March, 2020
Particulars Note No. 31st March,
2020
(`)

I. EQUITY AND LIABILITIES
1. Shareholders’ Funds
(a) Share Capital 1 1,85,000
(b) Reserves and Surplus 2 1,05,250
2. Non-Current Liabilities
Long-term Borrowings 3 40,000
3. Current Liabilities
(a) Trade Payables 34,000
(b) Short-term Provisions 4 42,000
Total 4,06,250
II. ASSETS
1. Non-Current Assets
Fixed Assets (Tangible) 5 3,04,350
2. Current Assets
(a) Inventories 35,000
(b) Trade Receivables 46,000
(c) Cash and Bank Balances 6 20,900
Total 4,06,250
STATEMENT OF PROFIT AND LOSS for the year ended 31st March, 2020
Particulars Note No. 31st March,
2020 (`)
I. Revenue from Operations (Net Sales) 5,40,000
II. Expenses:
(a) Purchases of Stock-in-Trade 3,26,000
(b) Change in Inventories of Stock-in-Trade 7 (11,000)
(c) Employees Benefit Expenses 48,000
(d) Finance Costs (Interest on Debentures) 3,200
(e) Other Expenses 33,800
Total Expenses 4,00,000
III. Profit before Tax (I – II) 1,40,000
IV. Tax Expenses @ 30% 42,000
V. Profit for the Period (III – IV) 98,000

Notes to Accounts
Particulars 31st March,
2020 (`)
1. Share Capital
Authorised Capital
... Equity Shares of ` 10 each ...
... Preference Shares of ` 100 each ...
...
Issued Capital
12,500 Equity Shares of ` 10 each 1,25,000
600, 8% Preference Shares of ` 100 each 60,000
1,85,000