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प्रश्न
Y Ltd. has the following balances on 1st April, 2022:
| ₹ | |
| Securities Premium | 6,00,000 |
| Statement of Profit & Loss | 4,00,000 |
During the year ended 31st March, 2023, it incurred a loss of ₹ 2,60,000. How would you show these items in the Balance Sheet and notes to accounts?
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उत्तर
| Balance Sheet of Y Ltd. as at 31st March, 2023. | |||
| Particulars | Note No. | Current Year (₹) | Previous Year (₹) |
| I. EQUITY AND LIABILITIES: | |||
| 1. Shareholders’ Funds: | |||
| (a) Share Capital | - | - | |
| (b) Reserves & Surplus | 1 | 7,40,000 | 10,00,000 |
Notes to Accounts:
Note 1: Reserves & Surplus
| Particulars | Current Year (₹) | Previous Year (₹) |
| Securities Premium Reserve | 6,00,000 | 6,00,000 |
| Surplus, i.e. Balance in Statement of Profit & Loss: | ||
| – Balance as per last Balance Sheet | 4,00,000 | 4,00,000 |
| – Less: Loss during the year | (2,60,000) | - |
| Balance carried forward | 1,40,000 | 4,00,000 |
| Total (Reserves & Surplus) | 7,40,000 | 10,00,000 |
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