FINAL ACCOUNTS OF COMPANY

Format of Balance Sheet

Particulars Sch. No. Rs. Rs.
Sources Of Fund
1) Share Holders Fund (Owner’s Fund) xxx
a) Capital 1
2 xxx XXX
b) Reserves & Surplus
2) Loan Fund (Long Term Loans) xxx
a) Capital 3
4 xxx XXX
b) Reserves & Surplus
XXX
Total
Application Of Fund xxx
1) Fixed Assets xxx
Gross Block 5
Less: Depreciation XXX
6 XXX
Net Block
2) Investments 7 xxx
3) Net Working Capital (Net Current Assets) 8 xxx
a) Current Assets Loans and Advances XXX
9 XXX
c) Reserves & Surplus
4) Misc. Exp./Ficticious Assets (to the extent not written off) XXX
Total

Format of Profit and Loss Account

Particulars Sch. No. Rs. Rs.
INCOME
1) Sales and other Income A XXX

EXPENDITURE
1) Manufacturing and Operational Expenditure B XXX
2) Depreciation XXX
3) Interest XXX
Profit Before Tax XXX
4) Income Tax (Provision) XXX
Profit After Tax XXX
Add: Last year balance of Profit & Loss account XXX
5) Profit Available for Distribution XXX
Less: Distribution XXX
Balance: Transfer to Balance Sheet XXX

Shc.:A Sales and other Income Sch.:B Manufacturing & Operational Exp.
Particulars Rs. Rs.
1. Sales of Goods XXX
2. Other Income XXX
3. Stock Adjustment
Closing Stock xxx
(-) Opening Stock xxx XXX
Total XXX
Particulars Rs. Rs.
1. Purchase of Goods XXX
2. Exp. for Employees XXX
3. Operational Exp. XXX
4. Director’s Fees XXX
5.Privisions (B.D.R.) XXX
Total XXX
Shc.:1 Capital Sch.:2 Reserves & Surplus
Particulars Rs. Rs.
Authoriesed Capital XXX
Issued, Subscribed &Paidup
Capital xxx
Less : Calls in-Arrears xxx
Add: Forfeited Share xxx XXX
Particulars Rs. Rs.
1. Capital Reserve XXX
2. Security Premium XXX
3. General Reserve XXX
4. Profit & Loss A/c XXX
5. Res. against Assets & liab. XXX
Total XXX

Shc.:3 Secured Loan Sch.:4 Unsecured Loan

Particulars Rs. Rs.

Particulars Rs. Rs.

Shc.:5 Fixed Assets

Assets Gross Block Addition. Deduction Gross Block Current Dep. Till Cl. Net
Op. Bal Cl. Bal Dep. date Block

Shc.:6 Investments Sch.:7 Current Assets, Loans & Advances

Particulars Rs. Rs.

Particulars Rs. Rs.

1. Stock of Goods XXX
2.Debtors XXX
3. Bank Balance XXX
4. Other Current Assets XXX
5. Loans & Advances XXX
XXX

Shc.:8 Current Liability & Provisions Sch.:9 Misc. Exp/ Ficticious Assets (not written off)
Particulars Rs. Rs.
1. Current Liability XXX
2. Provisions XXX
Total XXX
Particulars Rs. Rs.
1. Purchase of Goods XXX
2. Exp. for Employees XXX
3. Operational Exp. XXX
4. Director’s Fees XXX
5.Privisions (B.D.R.) XXX
Total XXX