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6. From the following Balance Sheet of Royal Industries Ltd as at 31st March, 2020, prepareYouBalance StreetParticulars1. EQUITY AND LIABILITIES1. Shareholders' Funds(a) Share CapitalEquity Share Capital(b) Reserves and Surplus2. Non-Current LiabilitiesLong-term Borrowings3. Current LiabilitiesTrade Payables3.00.00015.00.0001000,000TotalM. ASSETS1. Non-Current Assets(a) Fixed Assets:8,00.0002.00,000(i) Tangible Assets(ii) Intangible Assets(b) Non-Current Investments2,00.002.00.0002.00,0002. Currents Assets2.50 000(a) Inventories50.000so.no(b) Cash and Cash Equivalents15,00,00010,00,000Total |
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Answer» Answer: It is not clear whether or not the case for It is not a BAD thing, but the fact is that the It is |
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