4948353827

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QP Codę: 13839

7. 'nic paid up value of equily sbares is to be reduced to Rs.2 por shaic ar.d pretcrcnce shnrcs to Ra. 5 per shire. Hi»wever, tbe fnce value o: fcoth oąuity & pcelerencc sliares rcmain unebanged.

.    8. The creditors does are settlcd as:

a.    20% imznediite paymnnt ia cash.

b.    40% Bmoont is canceiled

c.    40% paid by issue of 6% debenture*.

9, Other liabilities of Ra. 80,000 is to b: cancellcd.

!0. A cal! Of Rs 3 per share on ecuity shares is madę and received.

Yco are roąuired to pass Journal ratrics In tł>e Beofcs of Risky Lid. to reccrd the *bove transactions

OR

4. Following is the cxuact of Trial Balanse of Amcya Ltd. as oa 31s: March 2015.    15

PartlcuUr	Rs	Rs
Sales		1,20,00,000
Opening Stcci of Raw Materiał		10,03,003
Opening Stoek ofFinished goods		S,00,030
Purcbase of Raw Materiał		27,00,003
Purebase Returcs		2.00,030
Sales Returns		20,03,003
Ir.terest recefred on Fixcd Deposits		5.00,030
Misrcllancous Income		4,00,000
freight on Raw Materiał		30,000
Salaries A Wages		4,00,000
llonus to employees		80,030
Directors Remuncration		8.00,003
Dcptcciatsoo oa:
land & Building	5,00.000
Plant & Machino?	3,00,000
rumiturc	1.00.000	9,00,030
Interes! paid on Dcbenturcs		5,00,030
Interes*, on Loan front Bank of Barodi		2,00.000
Rcpairs A malntcnance expeos«		80,000
Insurance Premium of Office premises		30,000
R!ectricity chargea		40,000
Rent, Rates and Taxcs		20,000
Audif Fees		50,000
Advcrtisentem Fjtpenses		1,20.000
Sundry Expcnsa		10.000

Additional Information:

a) Closing Stosk ot Raw Materia! & Finishod gix>ds was Rs. 5,00,000 & Rs.6,00,000 respectively.

| TU RN' OVER |

Hl-Con. 1888-15.