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    The balance sheet of S6 Computers Pvt. Ltd. as of July 31, 2019 shows total assets of Rs. 11,91,000 consisting of cash, computers, debtors, furniture and bank balance. Total liabilities include an outstanding electricity bill, commission received in advance, a bank loan and interest due on the loan. Equity includes opening capital, profit for the year and drawings.

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    The balance sheet of S6 Computers Pvt. Ltd. as of July 31, 2019 shows total assets of Rs. 11,91,000 consisting of cash, computers, debtors, furniture and bank balance. Total liabilities include an outstanding electricity bill, commission received in advance, a bank loan and interest due on the loan. Equity includes opening capital, profit for the year and drawings.

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    5 views2 pages

    Balance Sheet

    Uploaded by

    lipsabba
    The balance sheet of S6 Computers Pvt. Ltd. as of July 31, 2019 shows total assets of Rs. 11,91,000 consisting of cash, computers, debtors, furniture and bank balance. Total liabilities include an outstanding electricity bill, commission received in advance, a bank loan and interest due on the loan. Equity includes opening capital, profit for the year and drawings.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 2

    BALANCE SHEET OF S6 COMPUTERS PVT. LTD.

    AS 31ST JULY 2019

    PARTICULARS DETAILS AMOUNT (RS)

    ASSETS
    CASH 8,82,000

    COMPUTER 2,18,000

    DEBTOR 30,000
    FURNITURE 10,500
    BANK 50,500

    11,91,000
    TOTAL

    LIABILITIES
    OUTSTANDING ELECTRICITY BILL 10,000

    COMMISSION RECEIVED IN ADVANCE 4,000

    LOAN TAKEN FROM BANK 1,00,000

    INTEREST ON LOAN DUE 1,000

    EQUITY
    OPENING CAPITAL 10,00,000

    (+)PROFIT 78,000

    (-)DRAWING 2,000

    TOTAL 11,91,000

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