This text shows a vertical balance sheet for X Ltd.
The balance sheet shows the sources of funds (equity share capital, reserves and surplus, preference share capital, and secured loans) and the application of funds (fixed assets, working capital, current assets, current liabilities, and provisions).
Here are the questions and answers for the text:
- What are the sources of funds for X Ltd.?
- What are the applications of funds for X Ltd.?
- What is the working capital for X Ltd.?
Here are the answers to the questions:
- The sources of funds for X Ltd. are equity share capital, reserves and surplus, preference share capital, and secured loans.
- The applications of funds for X Ltd. are fixed assets, working capital, current assets, current liabilities, and provisions.
- The working capital for X Ltd. is 9,00,000.