Al-Malabis Garments

0
Medayil,Jadayu Jn

PROJECTED BALANCE SHEET AS AT 31ST MARCH, 2023

LIABILITIES AMOUNT(in Lakhs) ASSETS AMOUNT(in Lakhs)

CAPITAL: FIXED ASSETS:

As per Last Balance Sheet 1.15 Plant and Machinery 1.00
Add: Capital (net) 2 Schedule-B1
Less: Drawings 0
Add: Net Profit Transferred 1.44 4.59 DEPOSITS & ADVANCES:
Deposit 1.00
NON-CURRENT LIABILITIES CURRENT ASSETS:
Sundry Debtors 0.50
Overdraft 0.50
Canara Bank 1.5 1.50
Cash & Cash equivalents -2.56 -2.56
CURRENT LIABILITIES:
Sundry Creditors 2.50 2.50
OTHER CURRENT ASSETS

OTHER CURRENT LIABILITIES: Closing Stock 9.00

GST Payable 0.24 TDS 0.05
Expenses payable 0.20 Electronic cash ledger 0.04
9.09

0.44

TOTAL 9.03 TOTAL 9.03

Place : Nilamel 0
Date : 2/10/2023 (Proprietor)
 Al-Malabis Garments
0
Medayil,Jadayu Jn
PROJECTED TRADING & PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31 ST MARCH 2023
EXPENDITURE AMOUNT(in Lakhs) INCOME AMOUNT(in Lakhs)

To Opening stock 6.20 By Revenue from Sales 16.00

" Purchase 12.00

" Wages and Labour Charges 1.00 " Closing Stock 9.00
" Gross Profit c/d 5.80
TOTAL 25.00 TOTAL 25.00
5.80
" Stationary Expense 0.02 " Gross Profit b/d
" Telephone/Postal &internet charge 0.50
" Transportation Cost 0.10
" Power & Fuel Charges 0.27
" Repairs & Maintenance 0.40
" Salary & Allowances Expense 2.50
" Rent 0.42
Interest on WC 0.05
Marketing & advertising cost 0.10
" Income Tax 0
" Net Profit transferred to proprietors capital a/c 1.44

TOTAL 5.80 TOTAL 5.80

Place Nilamel -
Date 2/10/2023 (Proprietor)