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YGK
Thc machine waspnrchased ar I 52,?8,000. Sal* Td wascndgedar4% on dE iovoice. a 18,590tnnsponadonchdgs werc incused to bnng de nacnine ro rbe factory.An Anhitect wrs ensased ar a ft oI I tO,O0r) lo supe.vis m{hi.ery iosrallation ar thc fa ory p!nises. Atso,paynnrunder the inloice wasduin 3 nontbs,Howevcr, tnCompey @de rhepaymenr in 2"dmontL TIE company olelarcso, BankOverdrai @ I I %, Ascui.in rheamount arwlicn theassel shoul d becapitllired u.rler As I 0. (b) Namada Lld. purchased an existingbortlins unit fro'n Kaveri Lrd. Krv(i Ltd. followenstr.ight line nethodof chtrgirg deprciarionon machiDery of the sold loilwh!as Nmada Ltd. folo*ed wrntendowhvatuenerhodin ns other unns.The di@los of Nmada Ltd. wanl lo continueb chsse -isEnr dcpreciation frr rhe acqoirdDnir in StraisntLinc Method which n nor wlm rhe wDv nthod lolloved in other units. DGctrs $e co emionof rhedirctonwiln rerercnce to rheAccounting Sland&d 6. Fu$e( duing rheya. Ndnada Ld. sr np a mw ptet on coasral land.In v'e* or thc @rosile clinate, the Companyfelt rhal its macbinelife is reducing faster. C;r theCospant ch&gea higls r{e of deprcciadon ? (c) A Lld. dtered into a &.tracr wi$ B Lld. io despaichsoods valuing i 25.000svery monthfor 4 nonths upoorcceiprof entie paymenl. B Lld. accordinely madethe paynentof I 100,000&d A Lid. sldled despatchins rhegoods. In lhid nonlh, dueto a narurat calamiry, B Ltd. rcqn.st d A Lrd. goodsuntil turrhd notice thoughA Ld. is nolding the nol to desparch rcnaining eoods worth i 50100 rady for despatch. A Ltd. accounted t 50,000as sd6 andtmsf!@d h baldce to Adtu* Rceived agaiffr Sals. Coment uponthe r.eatnentof baldce amount wirh refencto rhe prornions o. of Accounring Shnddrd (d) A Ltd, is dalgan.tjry with B Lld. Iey re mdecidedon the nerhod oi a@olning to be fouowed.You e requndio advi@rhe ndagedent of B Ltd, on thnettod of accowting$at cm hadopted udd AS 14. s

YGK

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(3) YGK wee patuersshtring Ranjeel

,.n

3 t - March. 2013Queresbi Ernld

10,00,000 8.50.000 6,20,000 F u r n i t u iF c ,\ l u L e & f irririEs 3J0,000 2.25,000 1,13,000 2,!0,00 4,6s,000 2,30,100 1,32.200

r,06,700
21,78,000 21,78,000

nd& Buil,linE beappr(iJEd by 20"1. Pltur& Ma.hinry be depreciared by l0%. Provnion for Bad Debtsbe madeequalto 4% of TradeDebt's.

u]1'lo*stana;c
\f g,f

-r"s

in thebooks or till dnounting to { l5oo be recorded

s capitataccount Co.dwill of $e nd be v4luedar { :].0O,OOO andQuercshi dedned wilh hh shm olgoodwitl sithour raisiry account. soodwill 7,be nnu or u. *ount au" to Quercshi beimnediarelypaiAb him by seansoi a
chcque dd the bald@ be treatd as a loa. bearins intrcst @ l2% Fer

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(4)

YGK
Alier Quqeshi's rcrirenenr, pathal dd Rdjeet adnitd Swany as r .ew pdljer eith effct fton t,'Airit, 2013.partai, Ra.jer bd Ssey asrceoro shde prcfts r tne rato of 2 : 1 : I resFedively.Swdy broughtpatenrs varuedar . 20,000and { 3,80,000 io cashinctuding paynentfor hh sbae olgoodsill asvalued by rheold ft'n. The enrire anount ol I 4,oO,O0O was crcdited io SwMy,s capjtal Account, Adjusl'rent werc ftade tu the apilal acounr for Swdny,s shm of g@dwil. (r) (b) Pas joumal entdesfor aI rhe abovertusactions wi&our ey nffiation, and Prepe rhe capitataccountof at fie parllq.

Assrs a.d Liabitilis of Mr.

31-3-201231.3.2013 ? I 50,000 1,00,000 r,00,000 60,000 11,200 60,000 90,000 50,000 2,50000 1,10,000 13,200 ?5,000 ?0,000 80.000

Mr. A' decided to providedepreciation on buitdinsby 2.5%od tueitue by l0S lor Lhe osiod cnded on Jt l-,:0t r. \d. .A.. phh4ed e_ertery ior 124,000 for his daughter in Deenber 2012_ He sold his cd on Jir,3_2013 4 r : t . i n , r n r o t{ 4 0 n 0 0 . i E h n e d . n l n eb u i n e s .

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(5) a.\
{""

YCK

M'rks

PEpdestaterent of affaisason3l -3-2012 & 31'32013. (ii) Calcnlare theprcfitreeilcd by'A' during theyed ended ll 3-2013. (i)
Sury! Iid has prcvided yon the lo owing pdiculds. Prepre Cash FloN

fron Op.rati.g Aclivities by Indirecl Merhodin accordance vilh AS 3 :

Profit & LossAccout of SnryaLtil. for rh yea. odil31" Nlarch,2013 I 86,?00 35,000 1,25_000 72,000 87,000 8.08,900

I
11,01,600 10,000
3 1.00 000

TOTAL 11,14,600
Additioral in&motion :

AOTAL

12,14,600

3r-3-,/ll2 l1-l-2011 1,20,000 1,60,000 7,500

75.000 8?,525

1 , 1 8 , r 7 5 1,25,000 15,325 tl,715

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(ol YGI( HighendChb appointed a new a.colntant for matnhinnrg b@ks of preprd rollowingReceiprs andpayoenr A./cfor theyer ended ason 2013.
R{eipti atrdPoynenrsAccount

9,000 9,18,000

21,000 45,000

16,000

t.26,000

9,54,000 18,000 9,36,000 onSt-03 2012

ss,000
36,000

r6,000

16,000

27,400 68,000 18,00.000 t5,5?,000 2E,76,000

28J6,000

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(:1)

YGK
Additi0nll infomalion : HishDdClub had balmces 01"04m12 0t-04-2013 I 3,60.000 sto.k ofStoilsnarcrial Subsdifltun deivd in dva.ce ousrmdnE Prinring& Sladonery Exp. Otrl*xn{hrs ElecbicuCh{ses t,3l.2L\l

t
36.000

{54.ooo l18.ooo
1,500 2.500 3,200

50l? Enlranc Fees is to bcaptalized. Do you rgreewidl above ReceipK andlayne s Accou ? lf not. pepde conecr Receipls andPaymc.lsAccoontdd Incone md ExpendiiuE Accountfor the yetr enllc{l ll Mrch.20l3 usdB.larceSheel asonthar dde.
l6

On 3t"' Marcfi, 2013BoseandSenLld. pmlidesto you the iolloPins ledser balarces afif prepri.g ns ProfirdndLots Ac.olm lor theyer ended Il Mdch, 2011: . C.edit Balaftrs : Eqtrnyshares capnal fully pdd shGs oi a 10each lnr liom Silte Findnce Corporation SecuEd by hypo$aaliotr of Pla & Machinery witbio oneyer I 2.00,000) lRepayable (Longlem) L.ais i Unsecured Sund.yCEditos for goods & expenses (Payable wnhin6 no hs) 70.00.000 t 5..19.100 t0.50,000

8,47,000 1'1,00,000 t.00,000 3.25,500 4,20.000 ?1,400

P.ovision for DividendDisribulion Tax

1t3,63,000 YGK

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(8) YGK I 7,000 r4,00,000 20,50,000 pldr ad Ma.hinery FuEir@ & Fnture Siocks: Finishe<t goods RawMaterial3 Sund.yDebtos adlanccs : shon lem c4lliajed36,75,000 3,50.000 14,00,000 3,50,000 r400,000 2,98,900 2;t0.000 Mr.ft!

17.29,m0
93,100 4,00,000

rp.',63,o0o
Tbfoliowirg addirional infmatio, is atsoprcvjde{t: (i) 4,m,000 fuly paid equty shaE! seF allone.!ss coedration fo, t.nd &

12a,00,000
Costofpter & Mehindy cct of Fhite & Frn@. t 49,00,000 I 4.37,500

(in) Sundry Debto6 fd I 3,SO,0OO @ du. fd tuF the 6 nolos.

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(e)
YG( MArK (lv) Theanou! oTBaloceswith Bmk inctudes I I8,OOO wnh! bdk which is not a scbeduld Bankdd ihe dcposns of t 5la&hs m for a paiod of (!) Unsauredlod inciudes I 2,00,000 trcn a Bdk m{j { 1,00,000 fton relaled

You @ nor requftd lo give prcvious yearfisures,you ee equud to peprc IJE Balance Shelof th Conpmy d on 315' Mrch. 2013asrequned underRevned Schedule VI oltlE Conpa.iesAcr, 1956.

onalisa & Co. tus plasijc gmds shop. Folloping debils @ availobte fton

,6

qudeay sales llx retumfned. 2009 I

?010

20ll I

nt2
(

80,000 70,000 2,05,950 \L,oz,ooo 28,000 36,000 r,93,000 21.000 s3,000 2 r 0,000 2,31,000 fi.rs,mo 59,000 47,000 (,so,ooo 1,48,000

6,20,000 7,tJ,000 8J9Bs0

sales fiom 16-09-201 I to 30-09 2Ot 1 Sales fron 16-09 20121030 O9-20r2 Sales iron 16-12 20ll lo31 12-201l sars fron 16'12-2012b31-12 2012

\ 14.000 Nil

do,ooo
20,000

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(t0) YCK
A lossof proiit policypas tlken for a 1.00,000. FiE occDned on l5ri septehber, 2012.I.dennity peri;; ed foL3 mo.rhs. NerPronisas { I.2O,I]OO andstanding chdecs(all insured) yetr ending adounrcd ro 143,9901or 2011. Dclernine the Insudnce Claim ?

?.

A.swr ey four out of the following: (a) O. 0l 05 2012.Mr. Mislra purchased 300 equir)'shaEsof i l0 eachin Fillco Ltd. @ I 50 eachhom a broko who chdged 5%. rle incuftd 20 p.isa pr a 100 $ cost of shaEst.aNfcr stamps. On 31']02012, bonuswds declarcd i. dre tio I :4. Theslrnres wereqnotcd at I 110anda 60 perrhare hetorcrDdalierlherecor.l drleof bo0us shrre\fespcctively. Otr 30 L| 2012. Mr. MntD sold lhe bonnsshdes to d bn,ker who charsed 5n. You are '@urr.o o pmnrr In\eir rnr Aqour. .r .f. book. of \4r. v .hd ; 1p yearendiq 3l. l2-2012 andclosine value of Inreslnent shallbe madc at co$ or n&ket value whichcveris loler, qI " \ f) Pas_sjouhdenniesfor 'he folloNing lrosacrions: convdsnm ot 2 l.kn tully paid equity shdcs ol t 10eachint. {.ck .f { I,00,000 andbdancehas 12%tully convenible Debenrdre. consolidation of 40 lalb fully paidequityshdesol { 2.50e&b inro 10

:1: I

lrrrhlullJ, pridequirJ \hdcnf 0each, Subdivision ol l0 hkn fully p.id ll% prefeence shms of I 50 each into 50 lakntully paid I I % preference shres ol I l0 cactr.
Conversionof l2% prefeEnceshms of t 5,00.000nao I,1%tefeence shdes { 3,00,000 dd Eoainjng balance as 12S, Non-cunuiative

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III)

tG(
R.sfirtr hrs I ctrne &counrqith pdhenhip fim. rL hnsdcbrt bdance . ?r. xr'+ ,tr'nt u/ 20t2. He hd, ti@er deposikd $e ro os,ns amounF

a 01mt2 18-08,2012

1,38,000 22,4)0

He witn&eq Lhe foUoqogmou6:

29-O',1-2012 09 0t-20t2

97,000 11,000

ShowRoshms A/c in lhe ledgerof tne tum. tnteres! h rogaulebil balee ard 8% oh credirbaldce. yiu d cuEnt acmunts on 30dseFenb!,2012. (d) ThfoUowing Fes@rionslook ptace beN@nTtick sd Tbin.Theydesir ro settle their a@ounr on avra8E dDe dare. Ptrrchs6 by Thick frcn thitr

9lilulx 2013

1,240

12.ma

(o
15trJuly,2013 18,000 16,500 orare Average De Daredd tiE murr to bepaidor mived by Thic!. Erylain rher.asos dueto whichr\e neual accourring s;sM yas rpled by theconpuledzed [email protected] nodem riN.

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