At the end of march 20x6 the balances in the several, Ask an Expert

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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.

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M9530288

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