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Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000?
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Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st Ma...
Liabilities and Assets of H. Ltd. and S. Ltd as on 31st March, 2020
Liabilities:
- Share Capital: H. Ltd. has a share capital of 10,00,000 and S. Ltd. has a share capital of 2,00,000.
- Reserve: H. Ltd. has a reserve of 4,00,000 and S. Ltd. has a reserve of 1,50,000.
- Statement of Profit and Loss: H. Ltd. has a profit of 2,00,000 and S. Ltd. has a profit of 50,000.
- Creditors: H. Ltd. has creditors of 3,00,000 and S. Ltd. has creditors of 1,00,000.
Assets:
- Sundry Assets: H. Ltd. has sundry assets worth 15,80,000 and S. Ltd. has sundry assets worth 5,00,000.
- Shares in S. Ltd.: H. Ltd. has 1600 shares in S. Ltd. at 200 per share, which is worth 3,20,000.
Overall, H. Ltd. has total liabilities of 17,00,000 and total assets of 19,80,000, while S. Ltd. has total liabilities of 3,50,000 and total assets of 8,20,000.
It is important to note that the value of shares in S. Ltd. held by H. Ltd. is included in H. Ltd.'s assets, but not in S. Ltd.'s assets. This is because the shares are an investment made by H. Ltd. in S. Ltd.
Additionally, the liabilities and assets listed here are just a snapshot of the financial position of the two companies as on 31st March, 2020. It is important to review financial statements over time to understand the financial health of a company.
Liabilities:
- Share Capital: H. Ltd. has a share capital of 10,00,000 and S. Ltd. has a share capital of 2,00,000.
- Reserve: H. Ltd. has a reserve of 4,00,000 and S. Ltd. has a reserve of 1,50,000.
- Statement of Profit and Loss: H. Ltd. has a profit of 2,00,000 and S. Ltd. has a profit of 50,000.
- Creditors: H. Ltd. has creditors of 3,00,000 and S. Ltd. has creditors of 1,00,000.
Assets:
- Sundry Assets: H. Ltd. has sundry assets worth 15,80,000 and S. Ltd. has sundry assets worth 5,00,000.
- Shares in S. Ltd.: H. Ltd. has 1600 shares in S. Ltd. at 200 per share, which is worth 3,20,000.
Overall, H. Ltd. has total liabilities of 17,00,000 and total assets of 19,80,000, while S. Ltd. has total liabilities of 3,50,000 and total assets of 8,20,000.
It is important to note that the value of shares in S. Ltd. held by H. Ltd. is included in H. Ltd.'s assets, but not in S. Ltd.'s assets. This is because the shares are an investment made by H. Ltd. in S. Ltd.
Additionally, the liabilities and assets listed here are just a snapshot of the financial position of the two companies as on 31st March, 2020. It is important to review financial statements over time to understand the financial health of a company.
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Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000?
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Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000?.
Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000?.
Solutions for Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000? in English & in Hindi are available as part of our courses for B Com.
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Here you can find the meaning of Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000? defined & explained in the simplest way possible. Besides giving the explanation of
Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000?, a detailed solution for Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000? has been provided alongside types of Details of liabilities and assets of H. Ltd. and S. Ltd (as at 31st March, 2020) H.Ltd. s. Ltd. Labites Share capital 10.00.000 200.000 Reserve 4.00.000 1,50.000 Statement of proft and loss 200.00 50.000 Creditors 3.00.000 1.00.000 Assets Sundry assets 15.80.000 5.00.000 Shares in S. Ld 1600 at 200 per share 3.20.000 T9.00.000 500.000? theory, EduRev gives you an
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