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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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