Question No. 9
From the following
information, calculate the amount
transfer to general balance sheet.
Capital Expenditure : To, Land Rs.
40,000 To, construction of work Rs
10,23,300 To, Mains and service
pipe Rs. 1,19,200 To, Meter Rs.
10,500 To, Preliminary Expenses
Rs. 20,000 Capital Receipts : By,
Preference share capital Rs
2,00,000 By, Share Capital Rs
6,00,000 By, Share Premium Rs
2,00,000 By, 5% Debenture Rs
2,00,000
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