Question
What is F – 11 Company Feature contents?
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| Particulars | $₹$ |
| Tournament fund on $1^{st}$ April $2018$ | $90,000$ |
| Tournament fund investment on $1^{st}$ April $2018$ | $90,000$ |
| Interest received on tournament fund investment | $9,000$ |
| Donation to tournament fund | $10,000$ |
| Tournament expenses | $60,000$ |
| Liabilities | ₹ | ₹ | Assets | ₹ |
| Capital accounts: | Buildings | $40,000$ | ||
| Oviya | $50,000$ | Plant | $50,000$ | |
| Kavya | $40,000$ | $90,000$ | Furniture | $30,000$ |
| Profit and loss appropriation A/c | $40,000$ | Debtors | $20,000$ | |
| General reserve | $8,000$ | Stock | $10,000$ | |
| Workmen’s compensation fund | $12,000$ | Cash | $20,000$ | |
| Sundry creditors | $20,000$ | |||
| $1,70,000$ | $1,70,000$ |
| Particulars | ₹ |
| Closing capital as on 31.3.2018 | 80,000 |
| Additional capital introduced during the year | 30,000 |
| Drawings during the year | 15,000 |
| Opening capital on 01.4.2017 | ? |
| Loss for the year ending 31.3.2018 | 25,000 |
| Particulars | ₹ | Particulars | ₹ |
| Sports equipment | 30,000 | Prize fund | 10,000 |
| Computer | 25,000 | Prize fund investments | 10,000 |
| Subscription outstanding for 2018-19 | 5,000 | Cash in hand | 7,000 |
| Subscription received in advance for 2019-20 | 8,000 | Cash at bank | 21,000 |
| Balance Sheet (Extract) as on 31.03.2018 | |
| Particulars | Amount ₹ |
| I. EQUITY AND LIABILITIES | |
| 1. Shareholders Funds | |
| (a) Share capital | |
| Equity share capital | 4,00,000 |
| 5% Preference share capital | 1,00,000 |
| (b) Reserves and surplus | |
| General reserve | 2,50,000 |
| Surplus | 1,50,000 |
| 2. Non-current Liabilities | |
| Long-term borrowings (6% Debentures) | 3,00,000 |
| 3. Current liabilities | |
| Trade payables | 1,20,000 |
| provision for tax | 30,000 |
| Total | 13,50,000 |
| Particulars | ₹ |
| Capital as on $1^{st} $ January, $2018$ | $1,00,000$ |
| Goods withdrawn for personal use by the owner | $30,000$ |
| Additional capital introduced during the year | $15,000$ |
| Profit for the year | $60,000$ |
| Particulars | ₹ |
| Capital as on $1^{st} $ January $2018$ | $2,20,000$ |
| Capital as on $31^{st} $ December $2018$ | $1,80,000$ |
| Additional capital introduced during the year | $40,000$ |
| Drawings made during the year | $50,000$ |
| Receipts | ₹ | ₹ | Payments | ₹ |
| To Subscription | ||||
| $2017$ | $28,000$ | |||
| $2018$ | $1,72,000$ | |||
| $2019$ | $12,000$ | $2,12,000$ | ||