Following is the Balance Sheet of Title Machine Ltd- as on March 31-2006 -Calculate Current Ratio and Liquid Ratio-

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Accountancy

Working Capital Turnover Ratio

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Following is the Balance Sheet of Title Machine Ltd. as on March 31, 2006.

Liabilities

Amount

Rs

Assets

Amount Rs

Equity Share Capital

24,000

Buildings

45,000

8% Debentures

9,000

Stock

12,000

Profit and Loss

6,000

Debtors

9,000

Bank Overdraft

6,000

Cash in Hand

2,280

Creditor

23,400

Prepaid Expenses

720

Provision for Taxation

600

69,000

69,000

Calculate Current Ratio and Liquid Ratio.

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Following is the Balance Sheet of Title Machine Limited as on March 31, 2006.
$\begin{matrix} Capital and Liabilities & Amt. (Rs.) & Assets & Amt. (Rs.) Equity Share Capital & 24,000 & Buildings & 45,000 8% Debentures & 9,000 & Stock & 12,000 Profit and Loss & 6,000 & Debtors & 9,000 Bank Overdraft & 6,000 & Cash in Hand & 2,280 Creditors & 23,400 & Prepaid Expenses & 720 Provision for Taxation & 600 ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 69, 000 - ------ - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 69, 000 - ------ - \end{matrix}$

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Following is the Balance Sheet of Title Machine Ltd. as at March 31, 2017.

Particulars	Amount Rs.
I. Equity and Liabilities
1. Shareholders’ funds
a) Share capital	24,00,000
b) Reserves and surplus	6,00,000
2. Non-current liabilities
a) Long-term borrowings	9,00,000
3. Current liabilities
a) Short-term borrowings	6,00,000
b) Trade payables	23,40,000
c) Short-term provisions	60,000
Total	69,00,000
II. Assets
1. Non-current Assets
a) Fixed assets
Tangible assets	45,00,000
2. Current Assets
a) Inventories	12,00,000
b) Trade receivables	9,00,000
c) Cash and cash equivalents	2,28,000
d) Short-term loans and advances	72,000
Total	69,00,000

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Q. Following is the Balance Sheet of Rohit and Company as on March 31, 2006.

\begin{matrix} Capital and Liabilities & Amt. (Rs.) & Assets & Amt. (Rs.) Share Capital & 1,90,000 & Fixed Assets & 1,53,000 Reserves & 12,500 & Stock & 55,800 Profit and Loss & 22,500 & Debtors & 28,800 Bills Payables & 18,000 & Cash at Bank & 59,400 Creditors & 54,000 ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 2, 97, 000 - -------- - & ¯ ¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯¯ ¯ 2, 97, 000 - -------- - \end{matrix}

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From the following Balance Sheet of ABC Ltd. as at 31st March, 2019, Calculate Debt to Equity Ratio:

Particulars		₹
I. EQUITY AND LIABILITIES
1. Shareholder's Funds
(a) Share Capital:
(i) Equity Share Capital	5,00,000
(ii) 10% Preference Share Capital	5,00,000	10,00,000
(b) Reserves and Surplus		2,40,000

2. Non-Current Liabilities
Long-term Borrowings (Debentures)		2,50,000

3. Current Liabilities :
(a) Trade Payables		4,30,000
(b) Other Current Liabilities		20,000
(c) Short-term Provisions: Provision for Tax		3,00,000
Total		22,40,000
II. ASSETS
1. Non-Current Assets
Fixed Assets:
(i) Tangible Assets		6,40,000
(ii) Intangible Assets		1,00,000

2. Current Assets
(a) Inventories		7,50,000
(b) Trade Receivables		6,40,000
(c) Cash and Cash Equivalents		1,10,000
Total		22,40,000

Q. From the following Balance Sheet of SRS Ltd. and the additional information as on 31st March, 2016, prepare a Cash Flow Statement:

SRS Ltd.

BALANCE SHEET as on 31st March, 2016

Particulars ulars	Note No.	31st March, 2016 (₹)	31st March, 2015 (₹)
I. EQUITY AND LIABILITIES
1. Shareholders' Funds
(a) Share Capital		4,50,000	3,50,000
(b) Reserves and Surplus	1	1,25,000	50,000
2. Non-Current Liabilities
Long-term Borrowings	2	2,25,000	1,75,000
3. Current Liabilities
(a) Short-term Borrowingst	3	75,000	37,500
(b) Shrot-term Provisions	4	1,00,000	62,500
Total Total Expenses		9,75,000	6,75,000
II. ASSETS
1, Non-Current Assets
(a) Fixed Assets:
(i) Tangible	5	7,32,500	4,52,500
(ii) Intangible	6	50,000	75,000
(b) Non-current Investments		75,000	50,000
2. Current Assets
(a) Current Investments		20,000	35,000
(b) Inventories	7	61,000	36,000
(c) Cash and Cash Equivalents		36,500	26,500
Total		9,75,000	6,75,000

Notes to Accounts

Particular		31^st March 2016 (₹)	31^st March 2015 (₹)
1.	Reserves and Surplus
	Surplus, i.e., Balance in Statement of Profit and Loss	1,25,000	50,000
2.	Long-term Borrowings
	12% Debentures	2,25,000	1,75,000
3.	Short-term Borrowings
	Bank Overdraft	75,000	37,500
4.	Short-term Provisions
	Provision for Tax	1,00,000	62,500
5.	Tangible Assets
	Machinery	8,37,500	5,22,500
	Accumulated Depreciation	(1,05,000)	(70,000)
		7,32,500	4,52,500
6.	Intangible Assets
	Goodwill	50,000	75,000
7.	Inventories
	Stock-in-Trade	61,000	36,000

Additional Information:
(i) ₹50,000, 12% Debentures were issued on 31st March, 2016.
(ii) During the year, a piece of machinery costing ₹40,000, on which accumulated depreciation was ₹20,000, was sold at a loss of ₹5,000.

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Liabilities	Amount Rs	Assets	Amount Rs
Equity Share Capital	24,000	Buildings	45,000
8% Debentures	9,000	Stock	12,000
Profit and Loss	6,000	Debtors	9,000
Bank Overdraft	6,000	Cash in Hand	2,280
Creditor	23,400	Prepaid Expenses	720
Provision for Taxation	600
	69,000		69,000