At the end of March, 2006 the balances in the various accounts of TTTTT & Company
are as follows:
Rs. in million
Accounts Balance
Equity capital 120
Preference capital 30
Fixed assets (net) 217
Reserves and surplus 200
Cash and bank 35
Debentures (secured) 100
Marketable securities 18
Term loans (secured) 90
Receivables 200
Short-term bank borrowing (unsecured) 70
Inventories 210
Trade creditors 60
Provisions 20
Pre-paid expenses 10
Required: Prepare the balance sheet of TTTT company as per the format specified by
the Companies Act.