Prepare a balance sheet of Black Swan Ltd as at March 31 2017 form the following information nb...........

Prepare a balance sheet of Black Swan Ltd., as at March 31, 2017 form the following information: (5 marks)

General Reserve : 3,000 10% Debentures : 3,000 Statement of Profit & Loss : 1,200 Depreciation on fixed assets : 700 Gross Block : 9,000 Current Liabilities : 2,500 Preliminary Expenses : 300 6% Preference Share Capital : 5,000 Cash & Cash Equivalents : 6,100

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