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PACKAGES LIMITED BALANCE SHEET AS AT DECEMBER 31, 2002, Note 2002 2001 (Rupees in a thousand) Note SHARE CAPITAL AND RESERVES Authorized capital 60,000,000 (2001: 60,000,000) ordinary shares of Rs

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What is packages limited balance sheet?

The packages limited balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and equity at a specific point in time.

Who is required to file packages limited balance sheet?

Packages Limited, or any other business entity, is required to file their balance sheet as part of their financial reporting obligations. It is typically filed annually with relevant authorities and stakeholders.

How to fill out packages limited balance sheet?

Filling out a packages limited balance sheet involves listing all of the company's assets, liabilities, and equity. The assets are generally categorized into current and non-current assets, while liabilities are categorized into current and long-term liabilities. Equity represents the ownership interest in the company. It's important to accurately record all financial information in the appropriate sections of the balance sheet.

What is the purpose of packages limited balance sheet?

The purpose of the packages limited balance sheet is to provide a summary of the company's financial position and to help stakeholders, such as investors, creditors, and shareholders, make informed decisions about the company's financial health and performance.

What information must be reported on packages limited balance sheet?

The packages limited balance sheet must report the company's assets, liabilities, and equity. This includes cash, accounts receivable, inventory, property, plant, and equipment, as well as short-term and long-term debts and the shareholders' equity.

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