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    Balance Sheet Profit Loss Account

    Uploaded by

    Shubham Jha
    This document contains the balance sheet and profit and loss account for a client as of March 31, 2019 prepared by a chartered accountant. The balance sheet shows total assets of Rs. 1,353,030 including fixed assets of Rs. 149,130 and current assets of Rs. 729,530 in cash and stock. Total liabilities are Rs. 1,201,270 including current liabilities of Rs. 151,760. The profit and loss account shows total sales of Rs. 3,595,670 with net profit of Rs. 555,630 after accounting for all expenses.

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    Balance Sheet Profit Loss Account

    Uploaded by

    Shubham Jha
    24 views2 pages
    This document contains the balance sheet and profit and loss account for a client as of March 31, 2019 prepared by a chartered accountant. The balance sheet shows total assets of Rs. 1,353,030 including fixed assets of Rs. 149,130 and current assets of Rs. 729,530 in cash and stock. Total liabilities are Rs. 1,201,270 including current liabilities of Rs. 151,760. The profit and loss account shows total sales of Rs. 3,595,670 with net profit of Rs. 555,630 after accounting for all expenses.

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    This document contains the balance sheet and profit and loss account for a client as of March 31, 2019 prepared by a chartered accountant. The balance sheet shows total assets of Rs. 1,353,030 including fixed assets of Rs. 149,130 and current assets of Rs. 729,530 in cash and stock. Total liabilities are Rs. 1,201,270 including current liabilities of Rs. 151,760. The profit and loss account shows total sales of Rs. 3,595,670 with net profit of Rs. 555,630 after accounting for all expenses.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    24 views2 pages

    Balance Sheet Profit Loss Account

    Uploaded by

    Shubham Jha
    This document contains the balance sheet and profit and loss account for a client as of March 31, 2019 prepared by a chartered accountant. The balance sheet shows total assets of Rs. 1,353,030 including fixed assets of Rs. 149,130 and current assets of Rs. 729,530 in cash and stock. Total liabilities are Rs. 1,201,270 including current liabilities of Rs. 151,760. The profit and loss account shows total sales of Rs. 3,595,670 with net profit of Rs. 555,630 after accounting for all expenses.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 2

    xxxxxxxxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxxxxxxxxx

    Chartered Accountant xxxxxxxxxxxxxxxxxxxxxxxxxx


    Mob.: xxxxxxx
    E-mail: [email protected]
    M/s client
    xxxxxxxxxxxxxxxxxxxxxxxx
    Balance Sheet as at 31st March,2019
    Liabilities Amount Amount Assets Amount
    Opening Balance 735,640.00 Fixed Assets
    Add: Net Profit 555,630.00 Fixed Assets 165,700.00
    Add: Salary 160,000.00 Less: Dep@10% 16,570.00
    1,451,270.00 149,130.00
    Less: Drawing 250,000.00 1,201,270.00

    Current Liabilities & Provision Current Assets


    Sundry Creditors 151,760.00 Closing Stock 729,530.00
    Sundry Debtors 431,480.00

    Cash & Bank Balance


    Cash & Bank Balance 42,890.00

    1,353,030.00 1,353,030.00

    Notes on Accounts
    We have compiled Balance sheetand Profit loss A/c
    As per Documents and information provided to us by the assesse. For : Client
    For:xyz
    Chartered Accountants (Proprietor)

    (Proprietor)
    M.N.
    FRN NO.
    Date:
    xxxxxxxxxxxxxxxxxx xxxxxxxxxxxxxxxxxxx
    Chartered Accountant xxxxxxxxxxxxxxxxxxx
    Mob.: xxxx
    E-mail: [email protected]
    M/s client
    Trading, Profit & Loss Account
    for the Year Ended as on 31st March,2019
    Particulars Amount Particulars
    To Opening Stock 685,710.00 By Sales 3,595,670.00
    To Purchase 2,806,045.00 By Closing Stock 729,530.00
    To Gross Profit C/d 833,445.00
    4,325,200.00 4,325,200.00
    Indirect Expenses
    To Staff Salary 180,000.00 By Gross Profit B/d 833,445.00
    To Staff Welfare 3,250.00
    To Repair & Maintenance 15,680.00
    To Electricity & Fuel Charges 1,230.00
    To Bank Charges 1,761.00
    To General exp. 42,500.00
    To Telephone & Internet Charges 2,100.00
    To Printing & Stationery 1,650.00
    To Traveling & Conveyance 13,074.00
    To Depreciation 16,570.00
    To Net Profit 555,630.00
    833,445.00 833,445.00

    Notes on Accounts
    We have compiled Balance sheetand Profit loss A/c
    As per Documents and information provided to us by the assesse. For : Client
    For:xyz
    Chartered Accountants (Proprietor)

    (Proprietor)
    M.N.
    FRN NO.
    Date:

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