Following Balances have been extracted from the Ledger of M/S
XYZ. Prepare Trial Balance, Profit and Loss Account as also the
Balance Sheet For M/S XYZ in the revised Schedule VI format..
Particulars Balance
Revenue from Operations 73, 88, 05,038
Other Income 31,58,423
Reserves and Surplus 30, 55, 64,718
Tangible Assets 1, 57, 42, 71,262
Direct Expenses 37, 95, 83, 568
Employees Expenses 3, 80, 07, 385
Intangible Assets 29, 483
Share Capital 40, 56, 00,000
Long Term Borrowings 78, 43, 07,682
Deferred Tax Liability (Net) 12, 90, 34,266
Short Term Provisions 11, 38, 39,094
Other Current Liabilities 13, 03, 71,000
Capital Works in Progress 6, 14, 52, 028
Finance Cost 7, 08, 15, 103
Prior Period Expenses 8, 21, 502
Current Tax 3, 14, 30, 311
Deferred Tax 2, 86, 23, 863
Other Noncurrent Assets 42, 61, 869
Other Expenses 2, 94, 70, 881
Depreciation and Amortization 2, 86, 23, 863
Tax expenses relating to prior year 34, 017
Trade Receivables 6, 18, 83, 072
Long Term Loans and
Advances given to others 4, 38, 36, 193
Cash & Bank Balances 6, 60. 33, 886
Short Term Loans and
Advances given to others 11, 24, 60, 125
Other Current Assets 45, 732
Trades Payable 5, 55, 64, 718
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