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These statements are also known as component percentage or 100 per cent statements.

From the following Balance Sheet of Mohan Ltd. Prepare cash flow Statement:

Notes

Additional Information:

Machine Costing Rs. 80,000 on which accumulated depreciation was Rs. 50,000 was sold for Rs. 20,000.

The follwing is the trial balance of Manju Chawla on March 31, 2011. You are required to prepare Trading and Profit and Loss account and a balance sheet as on date.
$\begin{array}{ccc}\text{Account Title}& \text{Amt. (Dr.)}& \text{Amt. (Cr.)}\\ \text{Opening Stock}& 10,000& \\ \text{Purchase and Sales}& 40,000& 80,000\\ \text{Returns}& 200& 600\\ \text{Productive Wages}& 6,000& \\ \text{Dock and Clearing Charges}& 4,000& \\ \text{Donation and Charity}& 600& \\ \text{Delivery Van Expenses}& 6,000& \\ \text{Lighting}& 500& \\ \text{Sales Tax Collected}& & 1,000\\ \text{Bad debts}& 600& \\ \text{Miscellaneous incomes}& & 6,000\\ \text{Rent from Tenants}& & 2,000\\ \text{Royalty}& 4,000& \\ \text{Capital}& & 40,000\\ \text{Drawings}& 2,000& \\ \text{Debtors and Creditors}& 6,700& 7,000\\ \text{Cash}& 3,000& \\ \text{Investment}& 6,000& \\ \text{Patents}& 4,000& \\ \text{Land and Machinery}& 43,000& \end{array}$

Additional Information:
Closing Stock Rs. 2,000

From the following balances of M/s Nilu Sarees as on March 31, 2011. Prepare Trading and Profit and Loss account and balance sheet as on date

$\begin{array}{cccc}\text{Account Title}& \text{Debit (Rs.)}& \text{Account Title}& \text{Credit (Rs.)}\\ \text{Opening Stock}& 10,000& \text{Sales}& 2,28,000\\ \text{Purchase}& 78,000& \text{Capital}& 70,000\\ \text{Carriage Inwards}& 2,500& \text{Interest}& 7,000\\ \text{Salaries}& 30,000& \text{Commission}& 8,000\\ \text{Commission}& 10,000& \text{Creditors}& 28,000\\ \text{Wages}& 11,000& \text{Bills Payable}& 2,370\\ \text{Rent and Taxes}& 2,800& & \\ \text{Repair}& 5,000& & \\ \text{Telephone Expenses}& 1,400& & \\ \text{Legal Charges}& 1,500& & \\ \text{Sundry Expenses}& 2,500& & \\ \text{Cash in Hand}& 12,000& & \\ \text{Debtors}& 30,000& & \\ \text{Machinery}& 60,000& & \\ \text{Investments}& 90,000& & \\ \text{Drawings}& 18,000& & \end{array}$
Closing stock as on March 31, 2011 Rs. 22,000.

A company issued debentures of the face value of Rs 5,00,000 at a discount of 6% on April 01, 2012. These debentures are redeemable by annual drawings of Rs,1,00,000 made on March 31 each year. The directors decided to write off discount based on the debentures outstanding each year.

Calculate the amount of discount to be written-off each year. Give journal entries also.

What are the instances in the story that show that the character of the ironmaster is different from that of his daughter in many ways?

Find the amount of Rs 30,000 from 15-th January, 2010 to 10-th August, 2010 at 12% per annum.

Gross profit ratio is calculated by ___

If an item is involved in entity’s operating cycle, it shall be classified as _____

Naresh purchased a TV set for Rs. 11,250 after getting discount of $10\%$ on the labelled price. He spent Rs. 150 on transport and Rs. 800 on installation. Naresh sold the TV set at what price, such that the profit earned would have been $15\%$ if no discount was offered?

X.Ltd. issued 15,000, 10% debentures of Rs 100 each. Give journal entries and the Balance Sheet in each of the following cases:

(i) The debentures are issued at a premium of 10%;

(ii) The debentures are issued at a discount of 5%;

(iii) The debentures are issued as a collateral security to bank against a loan of Rs 12,00,000; and

(iv) The debentures are issued to a supplier of machinery costing Rs 13,50,000.

Describe"Indirect" method of ascertaining Cash Flow from Operating Activities.

Under which major head and sub-heads does the following items be placed in the Balance Sheet of a company as per Schedule III, Part I of the Companies Act, 2013.

(i) Cash credit.

(ii) 10 years loan obtained from Financial Institutions.

(iii) Debenture Sinking Fund.

(iv) Matured Debentures.

If you look at the realisation A/c, the total of debit side comes down to 35,000 while the total of credit side comes down to 5,000 which means there is a difference of 30,000. Now this 30,000 is nothing but _______________.

From the following Balance Sheets of Tiger Super Steel Ltd., prepare Cash Flow Statement:

From the following
Receipt and Payment Account of Jan Kalyan Club, prepare Income and
Expenditure Account and Balance Sheet for the year ending December
31, 2006.

Additional
Information:

A company sells old plant for Rs. 12,000 cash. The book value of the plant is Rs. 7,000. This transaction would affect:

Which statement shows the increase and decrease in various assets, liabilities and capital in two or more balance sheets of the same business enterprise on different dates?

A,B and C are partners sharing profits in the ratio of 5:3:2. They admit D into partnership. The new profit sharing ratio of partners is 3:2:2:3. Calculate the sacrificing ratio.

What was the respective ratio between the level of River – C in September and the water level of River – B in June?

Sangeeta, Saroj and
Shanti are partners sharing profits in the ratio of 2:3:5. Goodwill
is appearing in the books at a value of Rs 60,000. Sangeeta retires
and goodwill is valued at Rs 90,000. Saroj and Shanti decided to
share future profits equally. Record necessary Journal entries.

Find the principal
value of

The loss or the discount in the value of re-issue ________