The following is the Balance Sheet of Rose Ltd. as at 30th September 2003 :
|
 |
` |
Assets |
` |
| Equity share capital |
2,50,000 |
Land & Building at cost |
2,50,000 |
| 12% Preference share |
|
Plant & Machinery at cost |
1,30,000 |
| capital |
1,00,000 |
Furniture & Fixtures at cost |
40,000 |
| 13.5% Secured debentures |
1,00,000 |
Stock in trade |
1,10,000 |
| Investment allowance reserve |
15,000 |
Sundry debtors |
1,42,000 |
| General reserve |
35,000 |
Patents, trademarks & |
|
| Profit & Loss A/c |
25,000 |
Designs |
35,000 |
| Proposed dividend |
37,000 |
Loose tools |
10,000 |
| Unclaimed dividend |
5,000 |
Cash & Bank balances |
45,000 |
| Sundry creditors |
83,000 |
Marketable investments |
45,000 |
| Secured loan |
87,000 |
Prepaid expenses |
15,000 |
| Bank overdraft |
25,000 |
Temporary advances |
12,000 |
| Provision for depreciation |
35,000 |
Preliminary expenses |
20,000 |
| Provision for taxation |
45,000 |
|
|
| Provision for doubtful debts |
12,000 |
|
|
|
8,54,000 |
 |
8,54,000 |
You are required to present the above Balance Sheet in vertical form.
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