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Q4. The Balance Sheet of Shuchi Limited as on 31st December ,2001 shows as follows:
Equity Capital
9% Preference Shares
8% Debentures
Retained Earnings
Creditors
Rs.
1,00,000
50,000
50,000
20,000
45,000
Fixed Assets
Stocks
Debtors
Bills Receivable
Bank Rs.
1,80,000
25,000
55,000
3,000
2,000
2,65,000 2,65,000
Comment on the financial position of the company.
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