Creditors Bills payable Bank loan O/S …
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Creditors
Bills payable
Bank loan
O/S wages
O/s salaries
Employee provident fund
Workmen compensation reserve 30,000
25,000
1,50,000
2,000
1,200
45,000
10,000 Office building
Factory building
Plant
Machinery
Land
Goodwill
Stock of raw material
Stock of finished goods
Stock of work in progress
Stock in trade
Debtors
Patents
Prepaid expenses
Copyrights
Livestock
Bill receivables
Furniture
Fixtures
Typewriter
Printer
Accured rent
Investments in shares
Loose tools
Warehouse building
Leasehold property
Freehold property
Investment in debentures
Computers
Warehouse typewriter 1,00,000
2,00,000
1,00,000
1,00,000
1,20,000
30,000
33,000
24,000
30,000
15,000
20,000
15,000
2,000
26,000
35,000
6,000
15,000
15,000
1,500
4,000
12,00
38,000
3,000
1,10,000
80,000
60,000
24,000
15,000
30,000
Additional Information:
1. Value of office building is to be increased by Rs. 20,000
2. Value of factory building is to be increased to Rs. 2,30,000
3. Value of plant is to be brought up to 120% of its book value
4. Machinery is undervalued by Rs. 30,000
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