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Title: 1

Essay Details

Subject: Book Reports
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Date: September 12, 1997
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Length: 17 / 5030
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Essay text:

Following is the balance sheet of Global Telesystems for the year ending on 31st Mar' 2000: |As on |31-3-00 | |Assets | |Gross Block |3978.55 | |Net Block |2790.57 | |Capital WIP |66.72 | |Investments |454.33 | |Inventory |610.81 | |Receivables |1546.81 | |Other Current Assets |3673.67 | |Balance Sheet Total |9142...

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|402.55 | |Balance Sheet Total |9142.92 | Let us take a look at each of its components. Assets Gross block is the sum total of all assets of the company valued at their cost of acquisition. This is inclusive of the depreciation that is to be charged on each asset. Net block is the gross block less accumulated depreciation on assets...

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