Balance Sheet of XYZ Company ltd. As on 31 Dec 2016
Liabilities Amount Assets Amount
Capital 50,000 Fixed Assets 87,500
8% Preference Capital 10,000 Investments (non marketable Securities) 25000
Reserves 40,000 Stock 30,000
6% Debentures 20,000 Debtors 13,500
Creditors 30,000 Cash 7,000
Profit and Loss (Bal c/d) 1,000 Preliminary Expenses (F) 8000
Current year's profit 20,000
171,000 171,000