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    Hamilton - Case B

    Uploaded by

    Jayash Kaushal
    The balance sheet shows total equity and liabilities of Rs. 26665257 as of March 31, 2019. Assets include non-current assets such as buildings, machinery, and investments worth Rs. 10527725 and current assets like cash, receivables, and inventory of Rs. 16137532. During the year, revenue was Rs. 17490000 and expenses including depreciation of Rs. 636775 resulted in an income from selling of Rs. 40500. Total depreciation calculated for the year was Rs. 362600 for machinery and Rs. 213375 for buildings.

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    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Hamilton - Case B

    Uploaded by

    Jayash Kaushal
    894 views8 pages
    The balance sheet shows total equity and liabilities of Rs. 26665257 as of March 31, 2019. Assets include non-current assets such as buildings, machinery, and investments worth Rs. 10527725 and current assets like cash, receivables, and inventory of Rs. 16137532. During the year, revenue was Rs. 17490000 and expenses including depreciation of Rs. 636775 resulted in an income from selling of Rs. 40500. Total depreciation calculated for the year was Rs. 362600 for machinery and Rs. 213375 for buildings.

    Original Title

    Hamilton - Case B.xlsx

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    The balance sheet shows total equity and liabilities of Rs. 26665257 as of March 31, 2019. Assets include non-current assets such as buildings, machinery, and investments worth Rs. 10527725 and current assets like cash, receivables, and inventory of Rs. 16137532. During the year, revenue was Rs. 17490000 and expenses including depreciation of Rs. 636775 resulted in an income from selling of Rs. 40500. Total depreciation calculated for the year was Rs. 362600 for machinery and Rs. 213375 for buildings.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    894 views8 pages

    Hamilton - Case B

    Uploaded by

    Jayash Kaushal
    The balance sheet shows total equity and liabilities of Rs. 26665257 as of March 31, 2019. Assets include non-current assets such as buildings, machinery, and investments worth Rs. 10527725 and current assets like cash, receivables, and inventory of Rs. 16137532. During the year, revenue was Rs. 17490000 and expenses including depreciation of Rs. 636775 resulted in an income from selling of Rs. 40500. Total depreciation calculated for the year was Rs. 362600 for machinery and Rs. 213375 for buildings.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 8
    At a glance
    Powered by AI
    The document contains financial statements including balance sheets and profit and loss accounts of a company for financial years 2018 and 2019.

    The major assets include buildings, machinery, furniture and fittings. The major liabilities include long term debts, accounts payable and accrued expenses.

    Depreciation for machinery is calculated based on cost of machinery sold, current machinery value and new machinery additions. Depreciation for building is calculated based on new building additions and previous year's depreciation.

    Balance Sheet as on 31.03.

    2018
    Equities and Liabilities
    1 Shareholder's Funds
    Equity Capital 1510470
    Retained Earning 6032110
    7542580
    2 Non-Current Liabilities
    Long-Term Debt 1210000

    3 Current Liabilities
    Accounts Payable 720000
    Accrued Expenses 250000
    Current Portion of debt 110000
    1080000
    9832580

    Assets
    1 Non-Current Assets
    Building 3210000
    Less: Accumulated Dept 942500 2267500
    Machinery 5650000
    Less: Accumulated Dept 2481500 3168500
    Furance and Fitting 840000
    Less: Accumulated Dept 232000 608000
    Long Term Investment 750000
    6794000

    2 Current Assets
    Cash and Cash Equivalent 980000
    Account Receivables 1540000
    Less: Provision for Bad Debt 76200 1463800
    Inventories 594780
    3038580

    9832580
    Revenue
    P and L A/c 17490000 A/c Receivables 17490000

    17490000 17490000

    Cash
    Bal b/d 980000 Bal c/d 17750000
    A/c Rec 16770000

    17750000
    Balance Sheet as on 31.03.2019
    Account Receivables Equities and Liabilities
    Balance b/d 1540000 Cash 16770000 1 Shareholder's Funds
    Sales 17490000 Bad Debt 48800 Equity Capital
    Balance C/d 2211200 Retained Earning 23461062

    2 Non-Current Liabilities
    Long-Term Debt

    3 Current Liabilities
    Provision for the Bad Debt Accounts Payable
    Bad Debt 48800 Balance B/d 76200 Accrued Expenses 250000
    Bal C/d 61048 P and L 61048 Current Portion of debt

    Assets
    1 Non-Current Assets
    Building 3210000
    Less: Accumulated De 942500
    Machinery 5650000
    Less: Accumulated De 2481500
    Furance and Fitting 840000
    Less: Accumulated De 232000
    Long Term Investment

    2 Current Assets
    Cash and Cash Equivalent
    Account Receivables 2211200
    Less: Provision for Ba 88448
    Inventories
    31.03.2019

    1510470 Revenue 17490000


    Expense
    24971532 Provision f 61048
    17428952
    1210000

    720000

    110000
    1080000
    27261532

    2267500

    3168500

    608000
    750000
    6794000

    17750000

    2122752
    594780
    20467532

    27261532
    Balance Sheet as on 31.03.2018
    Equities and Liabilities
    1 Shareholder's Funds
    Equity Capital 1510470
    Retained Earning 6032110
    7542580
    2 Non-Current Liabilities
    Long-Term Debt 1210000

    3 Current Liabilities
    Accounts Payable 720000
    Accrued Expenses 250000
    Current Portion of debt 110000
    1080000
    9832580

    Assets
    1 Non-Current Assets
    Building 3210000
    Less: Accumulated Dept 942500 2267500
    Machinery 5650000
    Less: Accumulated Dept 2481500 3168500
    Furance and Fitting 840000
    Less: Accumulated Dept 232000 608000
    Long Term Investment 750000
    6794000

    2 Current Assets
    Cash and Cash Equivalent 980000
    Account Receivables 1540000
    Less: Provision for Bad Debt 76200 1463800
    Inventories 594780
    3038580

    9832580
    Machinery
    Bal B/d 3168500 Depreciation 362600
    Cash 600000 Cash 229500
    balance c/d 3176400

    3010000

    Cash
    Bal b/d 17750000 Machinery 600000
    Machinery 229500 Building 4000000
    P and L 40500 Bal c/d 13420000

    P and L
    Cash 40500 Balance b/d 23461062
    Balance Sheet as on 31.03.2019
    Depreciation Equities and Liabilities
    Machinery 362600 1 Shareholder's Funds
    Builiding 213375 Equity Capital
    F and F 60800 Retained Earning 22864787
    Bal c/d 636775
    2 Non-Current Liabilities
    Long-Term Debt

    3 Current Liabilities
    Building Accounts Payable
    Bal b/d 2267500 Depreciation 213375 Accrued Expenses 250000
    Cash 4000000 Bal C/d 6054125 Current Portion of debt

    Assets
    1 Non-Current Assets
    Furnace and Fitting Building
    Bal b/d 608000 Depreciation 60800 Less: Accumulated Dept
    Bal C/d 547200 Machinery
    Less: Accumulated Dept
    Furance and Fitting
    Less: Accumulated Dept
    Long Term Investment

    2 Current Assets
    Cash and Cash Equivalent
    Account Receivables 2211200
    Less: Provision for Ba 88448
    Inventories
    31.03.2019

    1510470 Revenue 17490000


    Income from Selling 40500
    24375257 Expense
    Provision for Bad Debt 61048
    1210000 Depreciation 636775
    16832677

    720000

    110000
    1080000
    26665257

    Depreciation calculation
    Machinery 3168500
    Cost of machinery sold 255000
    3176400 current machinery 2913500
    Dep-1 291350
    6054125 Dep for sold 21250
    Dep for new machinery 50000
    547200 Total Deprection 362600
    750000
    10527725 Depreciation calculation
    Building 2267500
    New Building 4000000
    13420000 Dep-1 113375
    Dep-2 100000
    2122752 Total Deprection 213375
    594780
    16137532

    26665257

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