From Given redeemable preference share, Make balance Sheet

Name :: sweety ram


Your Country :: india

Question Title: :: From Given redeemable preference share, Make balance Sheet 

Your Country :: india

Explain your question in detail :: liab

25000 equity shof rs.100 each----2500000
8000--10% pref.share of rs.100each,rs.90 called up----720000
genral reserve-----550000
securities primium acount-----100000


Category :: Education

Answer 

Balance Sheet

As of [Date]

Liabilities

1. Share Capital:

   • Equity Share Capital: ₹2,500,000
   • Preference Share Capital: ₹720,000

2. Reserves and Surplus:

   • General Reserve: ₹550,000
   • Securities Premium Account: ₹100,000

Total Liabilities = Equity Share Capital + Preference Share Capital + General Reserve + Securities Premium Account
Total Liabilities = ₹2,500,000 + ₹720,000 + ₹550,000 + ₹100,000
Total Liabilities = ₹3,870,000

Assets

Since no specific assets or other liabilities are mentioned, we’ll assume the balance sheet is constructed for equity purposes and doesn't include detailed asset breakdowns.

Total Assets = Total Liabilities

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Balance Sheet Summary

Liabilities	₹
Equity Share Capital	2,500,000
Preference Share Capital	720,000
General Reserve	550,000
Securities Premium Account	100,000
Total Liabilities	3,870,000

Assets	₹
Total Assets	3,870,000