Note Number: Numerical. Dr Cr Ordinary shares (£1) 310,000 10% preference shares 100,000 10% debenture 2010 120,000 Profit for year ended 30/04/2013 137,000 Profit for year ended … Allotment was made to the remaining applicants as follows:     Category                              No of Shares Applied                   No of shares Allotted       I                                                 80,000                                  40,000      II                                                 25,000                                  10,000Excess money paid by the applicants who were allotted shares was adjusted towards the sums due on allotment.Deepak, a shareholder belonging the Category I, who had applied for 1,000 shares, failed to pay the allotment money. Prepare a master budget balance sheet. 2020 Zigya Technology Labs Pvt. Its today's share price is 0. Note No. SRS Finance Balance Sheets - Get the latest Financial Reports, Balance Sheets of SRS Finance on The Economic Times. (iii) Patents will be completely written off and 5% depreciation will be charged on stock, machinery and building. Operating Profit before Working Capital Adjustments, Add: Decrease in Current Assets and Increase in Current Liabilities, Less : Increase in Current Assets and Decrease in Current Liabilities, Net Cash Flows from (or used in) Operating Activities, Net Cash Flows (or used in) Investing Activities, Net Increase or Decrease in Cash and Cash Equivalents (I+ II+III), Add: Cash and Cash Equivalents in the beginning of the period, (includes Current Investments of Rs 35,000), Cash and Cash Equivalents at the end of the period, (Includes Current Investments of Rs 20,000), Concept: Statement of Profit and Loss and Balance Sheet in the Prescribed Form with Major Headings and Sub Headings, 2016-2017 (March) All India Set 2 (with solutions), 2016-2017 (March) All India Set 3 (with solutions), 2016-2017 (March) All India Set 1 (with solutions), CBSE Previous Year Question Paper With Solution for Class 12 Arts, CBSE Previous Year Question Paper With Solution for Class 12 Commerce, CBSE Previous Year Question Paper With Solution for Class 12 Science, CBSE Previous Year Question Paper With Solution for Class 10, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Arts, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Commerce, Maharashtra State Board Previous Year Question Paper With Solution for Class 12 Science, Maharashtra State Board Previous Year Question Paper With Solution for Class 10, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Arts, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Commerce, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 12 Science, CISCE ICSE / ISC Board Previous Year Question Paper With Solution for Class 10. Latest SRS Ltd News and Updates, Special Reports, Videos & Photos of SRS Ltd on The Hindu BusinessLine. Question By default show hide Solutions. Add to watchlist . Following was the Balance Sheet of M.M Ltd at on 31.3.2015. Its today's share price is 0.19. Back to Company Page. From the following Balance Sheet of SRS Ltd. and the additional information as on 31st March, 2016, prepare a Cash Flow Statement: SRS Ltd. BALANCE SHEET as on 31st March, 2016 Dow Jones, a News Corp company. Name the type of issue. All the forfeited shares were reissued at ₹ 9 per share fully paid up.Pass necessary journal entries for the above transaction in the books of the company. Amount paid at time of application = 1,000 x 2 = 2000, https://www.zigya.com/previous-year-papers/CBSE/12/Accountancy/2017/CBSE2017028, ₹50,000 12% debentures were issued on 31.3.2016, ₹40,000 on which accumulated depreciation was, CBSE Class 12 Accountancy Solved Question Paper 2017, Class 11 NCERT Political Science Solutions, Class 11 NCERT Business Studies Solutions, Class 12 NCERT Political Science Solutions, Class 12 NCERT Business Studies Solutions, https://www.zigya.com/share/QUNFTjEyMTYyMzUw. 50,000 and 30,000 … From the Following Balance Sheet of Mishi Ltd. as at 31st March, 2019, Prepare Cash Flow Statement: - Accountancy. Shareholder’s Fund: 7,00,000 5,00,000 a. Click here👆to get an answer to your question ️ From the following Balance Sheet of SRS Ltd. and the additional information as on 31/3/2016, Prepare a Cash flow Statement:Additional information : - (i) Rs. Particulars: Note No. P&L. Its current market capitalisation stands at Rs 0 Cr. Practice to excel and get familiar with the paper pattern and the type of questions. On 1.4.2015, KVK Ltd. issued 15,000, 9% debentures of ₹ 100 each at a discount of 7%, redeemable at a premium of 10% after 10 years. Annual. From the Following Balance Sheet as Srs Ltd and the Additional Information as in 31.3.2016, Prepare a Cash Flow Statements : VXN Ltd invited application for issuing 50,000 equity shares of ₹ 10 each as a premium of 8 per share. 232, Block C-3, Janakpuri, New Delhi, SRS Holdings Co. Ltd. balance sheet, income statement, cash flow, earnings & estimates, ratio and margins. Share Capital b. 51.Prepare a cash flow statement on the basis of the information given in the balance sheet of Simco Ltd as at 31st March, 2013 and 2012 Ans. Cash Flow Margin -69.8 bps Krishna's shares were forfeited immediately after the first call. 533569 SRSLTD Group (Z) BSE data. Question 7. From the following Balance Sheet as SRS Ltd and the additional information as in 31.3.2016, prepare a Cash Flow Statements : (Surplus i.e. SRS Ltd. - Research Center. Ltd. Anurag Ltd. decided to issue 50,000 equity shares. From the following Balance Sheet of SRS Ltd. and the additional information as on 31/3/2016, Prepare a Cash flow Statement: Balance Sheet of SRS Ltd. as on 31.3.2016. In other M&A deals, the parties may have believed an issue presented on the … Ltd Balance Sheet as at 31-3-2015 and Y were partners in a firm sharing profits in the ratio of 3: 2. (0) Salary outstanding was 5,000. Prepare Revaluation Account, Partners' Capital Accounts and the Balance Sheet of new firm. 50,000, 12% debentures were issued on 31/3/2016. Its current market capitalisation stands at Rs 5.29 Cr. 3.3 Objectives of Financial Statements Financial statements are the basic sources of information to the shareholders and other external parties for understanding the … of S. Ltd. stood at Rs. (iv) Yasmin and Saloni will share future profits in the ratio of 3:2(v)  Goodwill of the firm on Sameer's retirement was valued at ₹5,40,000.Pass necessary journal entries for the above transactions in the books of the firm on Sameer’s retirement. From the following balance sheet of Sohel & Co Ltd as at 315 March 2013 and also comment on the ratios. The company closes its books on 31st March every year. Thus, financial statements are the summarised reports of recorded facts and are prepared the following accounting concepts, conventions and requirements of Law. 31.3.2015 Rs. The rate of tax deducted at source is 10%.Pass necessary journal entries for the issue of 9% debentures and debenture interest for the year ended 31.3.2016. The Cash Flow Statement of SRS Ltd. presents the key Cash Flow ratios, its comparison with the sector peers and 5 years of Cash Flow Statement. M.M. From the following Balance Sheet of R Ltd., Prepare a Common Size Statement Balance Sheet As at 31st March, 2019. Ratio. 31.3.2016 Rs. Delhi - 110058. Applications for 30% shares were rejected and money refunded. Raju belonged to category II. Santosh Limited has the following balance appearing in the Balance sheet Security premium Rs 3600,000, 90% debenture – Rs 1,20,000, … From the following Balance Sheet as SRS Ltd and the additional information as in 31.3.2016, prepare a Cash Flow Statements:  Additional Information:(i)  ₹50,000 12% debentures were issued on 31.3.2016(ii) During the year a piece of machinery costing ₹40,000 on which accumulated depreciation was ₹20,000 was sold at loss of ₹5,000. Gopal's Shares were immediately forfeited after allotment, Afterwards, the first call was made Krishna, a holder of 100 shares, failed to pay the first call money and Giridhar, a holder of 300 shares, paid the second call money also along with the first call. 2. Raju, a shareholder holding 100 shares, also failed to pay the allotment money. Capital structures. Its today's share price is 0.19. From the following Balance Sheet as SRS Ltd and the additional information as in 31.3.2016, prepare a Cash Flow Statements: Additional Information: (i) ₹50,000 12% debentures were issued on 31.3.2016 (ii) During the year a piece of machinery costing ₹40,000 on which accumulated depreciation was ₹20,000 was sold at loss … © SRS Ltd. was incorporated in the year 2000. Interest on 9%debentures is payable on 30th September and 31st March every year. EQUITY AND LIABILITY : 1. Cash flow. The forfeited shares of Deepak and Raju were reissued at 11 per share fully paid up.Pass necessary journal entries for the above transactions in the books of the company. Click here👆to get an answer to your question ️ From the following Balance Sheet of JY Ltd. as at 31st March 2017, prepare a Cash Flow Statement: Balance Sheet of JY Ltd. as at 31.03.2017ParticularsNote No.31.3.2017Rs.31.3.2016Rs.I - Equity and Liabilities: - 1.Share holder's Funds:(a) Share Capital5,00,0005,00,000(b) Reserve … Bonus. 3. (iv) A provision of 5% was to be created for doubtful debts. 2) During the year a piece of machinery costing Rs40,000 on which accumulated depreciation was Rs 20,000 was sold at a loss of Rs 5,000. From the following Balance Sheet of Mishi Ltd. as at 31st March, 2019, prepare Cash Flow Statement: Particulars. SRS Finance Ltd. was incorporated in the year 1994. The amount was payable as follows:On Application: ₹ 2 per shareOn Allotment :  ₹ 4 per shareOn First and Final Call: Balance AmountThe issue was oversubscribed three times. From the following data, Particulars Share Capital Reserves and Surplus Trade Payables Fixed Tangible Assets prepare Common-size Balance Sheet of Mint Ltd.: 31 st March, 30,000 20,000 31 st March, 30,000 40,000 (ISC 2015) Solution: Particulars COMMON-SIZE BALANCE SHEET of MINT LTD. as at 31st March, 2014 and 2013 … SRS Real Infrastructure Ltd. annual balance sheet for 533305.IN company financials. Statement Balance sheet. 40,000 on which … On 31.3.2016, their Balance Sheet was as follows:On the above date, Sameer retired and it was agreed that:(i) Debtors of 4,000 will be written off as bad debts and a provision of 5% on debtors for bad and doubtful debts will be maintained. Sloution of answer s 76 Analysis of Financial Statements—CBSE XII Q 20 Following is the Balance Sheet of Sreshtha Ltd as on 31st March, 2014: Note No 31st March, 31st Mart,: Particulars i EQUITY ANDLIABILITIES 1 Shareholders' Funds (a) Share Capital (b) Reserves - Accountancy - You may use online sources to write about the ratios. Illustration: 4 (Revaluation of Fixed Assets) From the following balance sheet of H. Ltd. and its subsidiary S Ltd. drawn up at 31.12.2010. Share holding. SRS Real Estate Ltd. was incorporated in the year 2005. Showing your workings clearly Particulars Note No. Balance Sheet of SRS Ltd. Company, including its equity share capital, secured loans, net block, unsecured loans and more. From the following Balance Sheet of Dreams Converge Ltd as at 31.3.2018 and 31.3.2017; Calculate Cash from operating activities. SRS Holdings Co. Ltd. annual balance sheet for 8163.JP company financials. Tradewell Securities Is India’s financial information source NSE/BSE Sensex Nifty, Indian Stock/Share Market, Live Stock Exchange/Investment, Stock Trading, Trading Tips, Stocks to Buy, Penny Stocks,ipo i) Reserve and profit and loss account (cr.) Liabilities Amount (RO) Assets Amount (RO) Equity shares capital 100,000 Cash in hands 3,000 %Preference share capital 100,000 Cash at bank 9,000 … Shares of both Deepak and Raju were forfeited immediately after allotment. Afterwards, first and final call was made and was duly received. 31.3.2018 (₹) 31.3.2017 (₹) I. Articles on SRS Ltd, Complete Coverage on SRS Ltd Balance sheet (Rs crore) Mar ' 19 Mar ' 18 Mar ' 17 Mar ' 16 Mar ' 15; Sources … In addition, some financial ratios derived from these reports are featured. It gave its directors and employees right to buy 10,000 of the above shares. More Dividend. ... (not 35,000 1% Other planned outlays of cash Capital expenditures Dividends 200,000 S 50,000 S 90,000 SRS Educational Supply Company Balance Sheet Previous Year End Currest assets Cash Accounts receivable 40,000 40,000 50,000 Prepaid insurance Total current assets … JJK Ltd invited application or issuing 150,000 equity shares of 10 each at par. Second and final call was made afterwards and was duly received. The Balance Sheet Page of SRS Ltd. presents the key ratios, its comparison with the sector peers and 5 years of Balance Sheet. Its current market capitalisation stands at Rs 18.64 Cr. (ii) During the year a piece of machinery costing Rs. Prepare a consolidated Balance sheet as on that date having regard to the following. On 31-3-2019, their Balance Sheet was as … (iii) Stock was over valued by 20,000. 3. Sometimes facts relevant to the proper preparation of financial statements are not known at closing or even during the 90-120 days following closing when the final closing balance sheet is due and working capital adjustments are to be finalized. The amount was payable as follows: On Application: ₹4 per share (including ₹ 3 premiums)On Allotment: ₹6 per share (including ₹ 3 premiums)On First Call: ₹5 per share (including ₹ 1 premium)On second and final call: Balance AmountThe issue was fully subscribed Gopal a shareholder holding 200 shares did not pay the allotment money and Madhav, a holder of 400 shares paid his entire share money along with the allotment money. A brief financial summary of SRS Ltd as well as the most significant critical numbers from each of its financial reports. 52.Following is the balance sheet of Wisben Ltd as on 31st March, 2012 Additional Information During the year, a piece of machinery of the book value of Rs 80,000 was sold for Rs 65,000. From the following Balance Sheet of Dreams Converge Ltd as at 31.3.2018 and 31.3.2017; Calculate Cash from operating activities. (ii) An unrecorded creditor of 20,000 will be recorded. View 8163.JP financial statements in full. The following trial balance has been taken from MAW Ltd on 30 April 2013, after the preparation of the Trading and Profit and Loss Account for the year. Showing your workings clearly [4] Notes. Check you answers with answer keys provided. Sameer,Yasmin and Saloni were partners in a firm sharing profits and losses in the ratio of 4:3:3. Results Quarterly. Ltd. as at 31st March, 2016 : Concept: Accounting for Revaluation of Assets and Reassessment of Liabilities. I - Equity and Liabilities: 1. Following is the Balance Sheet of R.S. Half yearly. Download the PDF Sample Papers Free for off line practice and view the Solutions online. Question 32. Balance in Statement of Profit and Loss), 1) Rs 50,000, 12% debentures were issued on 31.3.2016. 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