14 February 2010
plz can anybody send me a simple B/s figures for opening a CC a/c in bank of RS. one lac......i m a article n new in this field so plzzzzzzzzz can u send me B/s figures for it......?????
ASSETS RS LIABLITIES RS
capital A/c Furniture creditors A/c stock loans from Debtors relatives A/c Advances
15 February 2010
Do to formatting restrictions here the exact way can't be presented. But u can take the following base as a start. Also, the item head can be chnaged dependingg upon the business requirement.
Particulars March 08 March 09 March 10 March 11 (Actual) (Actual) (Provisional) (Projected)
LIABILITIES
Brought forward Capital Balance Add: Capital Introduced during the year Add: Profits for the year Add: Interest on Capital Less: Drawings Carried forward Capital balance Unsecured Loans Secured Term Loans - From Banks X Bank Y Bank Sundry Creditors Expenses Payable TOTAL
ASSETS
Gross Block Add : Net Addition during the year Less : Depreciation Net Block
Investments Stock-in-trade Debtors Advances recoverable in cash or in kind Other Current Assets Cash & Bank Balance Preliminary Expenses
15 February 2010
Addition or deletion of accounts depends upon business to business.
Profit & Loss Format
Gross Sales Less: Excise Duty Net Sales Closing Stock Total
Opening Stock Cost of Purchase Packing Material Gross Profit Total
Gross Profit Add: Other Income Discount Received
Total
Bank Charges Brokerage Petrol & Conveyance Legal & Professional Charges General Expenses Depreciation Labour Expenses Diesel Expenses Electricity Charges Insurance Interest paid Entertainment Freight & Forwarding Advertisement & Publicity Printing and stationary Courier Expenses Repairs & Maintenance Salary Wages Postage & Telephone Expenses Travelling & Conveyance Expenses Total Expenses Net Profit Less : Provision for Taxes Net Profit Trfd to BS
CAclubindia
