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Income Statement Sales Revenue Cost Of Sales Opening Stock4000 Purchase 68350 Closing Stock 3000 Gross Profit

Expenses 1200 5000 1500 900 450 750 10400 Loan Interest payable 620 Prfot Year 97400 69350

28050 20820

7230

Income Statement Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses

275000 0 0 0

164000 111000

3300 27400 50240 1375 0 0 0 Operating Profit Loan Interest payable Prfot Year 0

82315 28685

28685

Income Statement Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses Salary Adv Expenses Discount Allowed

320000 60000 185000 15000

230000 90000

25000 5000 5000 0 0 0

Operating Profit Loan Interest payable Profit Year

35000 55000

0 55000

Income Statement
Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses 33400 Asset To Cash 3700 3700 29700 Misc To Cash

wages Dep. Utility Bills Selling Exp IT Dept. Misc Operating Profit Loan Interest payable Profit Year

10000 2700 800 1900 2800 4700 22900 6800 880 5920

19000 19000 1600 1600

Income Statement Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses Wages Interest Telephone & Electricity Misc Rent partners Dep Operating License Food Operating Profit Loan Interest payable Profit Year

44350 2800 11599 2430

11969 32381

5480 540 3270 255 7500 23150 2445 595 43235 -10854 0 -10854

Income Statement
Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses Rent Motor Exp wages Misc Light & Heat Office Exp Drawings Expenses Total Operating Profit Loan Interest payable Profit Year 231550

178600 15500

163100 68450

16700 3400 22000 3100 1700 3200 10000 60100 8350 0 8350

Income Statement
Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses ### 4980 23919 5300 23599 ###

Balance Sheet
Non Current Assets Vehicle Land Building Current Assets Closing Stock Cash Debtors Loans and advances

wages Misc Light & Heat

### 1573 2558

Current Liabilities CA-Cl

Expenses Total Operating Profit Loan Interest payable Profit Year

### -9 0 -9

Net Current Assets Long Term Loan Loan Net assets Cap Profit Drawings Total

Balance Sheet
###

rent Assets

13543 5300 5437 750 11487

d advances

OD 954 wages oustanding 540 9993 23536

rent Assets

23536 ### -9 8955 ### 23536

Income Statement
Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses Rent Motor Exp wages insu Light & Heat Office Exp 577600 27440 322400 38600

Balance She
Non Current Assets Vehicle Land Building Current Assets Advance Rent Bank Bal Inventory Debtors

311240 266360

16320

93600 1080 6280 27800

Current Liabilities CA-Cl

Expenses Total Operating Profit Loan Interest payable Profit Year

145080 121280 0 121280

Net Current Assets Long Term Loan Loan Net assets Cap Profit Drawings Total

Balance Sheet
204000 204000 4080 37800 38600 101880 182360 Bill Due Creditors 1200 61720 119440 323440

rent Assets

4080

rent Assets

323440 224160 121280 22000 323440 323440 0

Income Statement
Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses Rent electricity wages Expenses Bad Debts PBD 200360 7800 92000 8200

91600 108760

12000 8400 52800 3000 110 70 76380 32380 0 32380

Operating Profit Loan Interest payable Profit Year

Balance Sheet Non Current Assets Land Building Current Assets Closing Stock Bank Debot 24000 41000 40000 105000 8200 4200 1680 14080 10100 600 3380 108380

Current Liabilities T/p Accured CA-Cl Net Current Assets Long Term Loan Loan Net assets Cap Profit Drawings Total

108380 100000 32380 24000 108380 108380

Income Statement
Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses Rent Motor Exp wages insu Light & Heat Office Exp Drawings Expenses Total Operating Profit Loan Interest payable Profit Year 0 0 0 0

Balance She
Non Current Assets Vehicle Land plant 0 0 Current Assets Advance Rent Bank Bal Inventory Debtors

Current Liabilities CA-Cl Net Current Assets Long Term Loan Loan Net assets Cap Profit Drawings Total

Balance Sheet
30000 50000 60000 140000 2500 Ans A 12000 Ans B as straight line method on roi =5% Amount per year Rs.12000 & ROI =20%

rent Assets

0 Bill Due 0 140000

rent Assets

140000

0 140000

Income Statement
Sales Revenue Cost Of Sales Opening Stock Purchase Closing Stock Gross Profit Expenses Rent Motor Exp wages insu Light & Heat Office Exp Drawings Expenses Total Operating Profit Loan Interest payable Profit Year 0 0 0 0

Balance She
Non Current Assets Vehicle Land plant 0 0 Current Assets Advance Rent Bank Bal Inventory Debtors

Current Liabilities CA-Cl Net Current Assets Long Term Loan Loan Net assets Cap Profit Drawings Total

Balance Sheet

rent Assets

0 Bill Due 0 0

rent Assets