Loving Bzzii? Share the knowledge with your friends!

Brinda Ltd. Has Furnished the Following Information: (A) 25,000, 10% Debentures of Rs 100 Each; (B) Bank Loan of Rs. 10,00,000 Repayable After 5 Years

 6. Brinda Ltd. has furnished the following information:

(a) 25,000, 10% debentures of Rs. 100 each;

(b) Bank Loan of Rs. 10,00,000 repayable after 5 years;

(c) Interest on debentures is yet to be paid.

Show the above items in the balance sheet of the company as at March 31, 2017.






ParticularsNote No.Amount  (Rs.)
I. Equity and Liabilities  
1. Shareholders’ Funds  
a Share Capital  
b. Reserves and Surplus  
2. Non-Current Liabilities  
Long-term Borrowings135,00,000
3. Current Liabilities  
Other Current Liabilities22,50,000

Notes to Accounts:
ParticularsAmount (Rs.)
1. Long Term Borrowings 
12% Debentures25,00,000
Bank Loan10,00,00035,00,000
2. Other Current Liabilities 
Interest on Debentures2,50,000

Chapter-3 Financial Statement of a Company-II



Getting Info...

Post a Comment

Cookie Consent
We serve cookies on this site to analyze traffic, remember your preferences, and optimize your experience.
Oops!
It seems there is something wrong with your internet connection. Please connect to the internet and start browsing again.
AdBlock Detected!
We have detected that you are using adblocking plugin in your browser.
The revenue we earn by the advertisements is used to manage this website, we request you to whitelist our website in your adblocking plugin.
Site is Blocked
Sorry! This site is not available in your country.