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  #1  
05-11-2009, 06:34 PM
Join Date: Oct 2009
solve it plz
1. From the following Balance Sheet of William & Co Ltd., you are required to prepare a Schedule of Changes in Working capital & Statement of Sources and Application of funds.
Balance Sheet
Liabilities
2002
Rs.
2003
Rs.
Assets
2002
Rs.
2003
Rs.
Capital
80,000
85,000
Cash in Hand
4,000
9,000
P&L a/c
14,500
24,500
Sundry Debtors
16,500
19,500
Sundry Creditors
9,000
5,000
Stock
9,000
7,000
Long-term Loans
-
5,000
Machinery
24,000
34,000



Building
50,000
50,000






Total
1,03,500
1,19,500
Total
1,03,500
1,19,500

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