20x6 the balances in the several accounts , Financial Management

Assignment Help:

At the end of March, 20X6 the balances in the several accounts of Nitin & Company are as follows:
                                                                                  Rs. in million
 Accounts                                                                       Balance
   
Equity capital                                                                     120
Preference capital                                                               30
Fixed assets (net)                                                              217
Reserves and surplus                                                         200
Cash and bank                                                                  35 
Debentures (secured)                                                         100
Marketable securities                                                          18
Term loans (secured)                                                          90
Receivables                                                                        200
Short-term bank borrowing (unsecured)                                  70 
Inventories                                                                         210
Trade creditors                                                                    60
Provisions                                                                           20
Pre-paid expenses                                                              10
 
Required: Make the balance sheet of Nitin & Company as per the format specified by the Companies Act.


Related Discussions:- 20x6 the balances in the several accounts

Evaluate the income statement, 2010 equity balance required: (600-20 - 2...

2010 equity balance required: (600-20 - 25 - 15 - 20)= 520 employees eligible Total expected equivalent value = 520 x 500 options x $1.48 = $384,800 $384,800 x 3/4 years = $28

Define the balance of payments, Define the balance of payments. Answer:  ...

Define the balance of payments. Answer:  The balance of payments that is abbreviated as BOP can be defined as the statistical record of a country’s international transactions ove

What is simply offensive and what is humour, a) Ethics can be a rather prej...

a) Ethics can be a rather prejudiced matter; whether it is ethical to market products directly at children depends on several factors: The age of the children being targeted

Define country’s economic well being enhanced, How is a country’s economic ...

How is a country’s economic well-being enhanced through free international trade in goods and services? As per to David Ricardo, with free international trade, it is mutually adv

Sources of funds, What are sources of funds for an assignment?

What are sources of funds for an assignment?

Define factors for investing in the emerging stock market, As an investor, ...

As an investor, what factors would you consider before investing in the emerging stock market of a developing country? Answer:  An investor in emerging market stocks requirements

What do you signify by cash, Q. What do you signify by Cash? Cash :- Fo...

Q. What do you signify by Cash? Cash :- For the motive of cash management the term cash not only includes cheques, bank drafts, coins, currency, notes, demand deposits with ban

Start-up financing, Start-Up Financing Capital provided to companies wh...

Start-Up Financing Capital provided to companies which have been in operation for less than one year to facilitate all phases of bringing their product to market.

Demand and supply shocks, Demand and Supply Shocks The influence of the...

Demand and Supply Shocks The influence of the above macroeconomic factors on the economic performance can be analyzed by classifying their impact on the economy as a supply or

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd