T.Y.B.A.F. : Semester - VI Qcopies CA (Or. Varsha Ainapure 14.0om,, FCA, PhO. CA. Mukund Ainapure Fulbright Post-Doctoral Fellow MANAN PRAKASHAN .- 1,2, Siddhi Enclave, Nanda Patkar Road, = 2618 2124, 2617 0908 E-mail: mananprakashan @ gmail.com \Webste : wwrw.mananprakashan.comyNe066Ns aNOANSLCD CWOOIEM OMA ou 019 UF Hom 21098 0} siuEpS dot, .991016%3 Ut PopnoU S} SOIpMs esEO / foo jolg ul somsuy, vonoes ojsedes y 6 yeua-s8010 0) Kentuaysew & ot posn oq ue sreMsuE dos rou pus Aya ‘Ou9p [yun sy92Us%!09n PUE siowany- ‘woo jeui8 6 ueysieidubview 0} souanb pue ‘suoyso66rs 3nod yetu-2 Appupy tlewero:di 4} uaRSEBENe ononsuCe owOD:aM aM “sromsu jepou ny ym BuoFe (6L0z I¥dy) edb YORSONO ‘Aysianqun.ss0re1 eu sepyoid (gan) suonMos seded AulsioAIUN, Uo UONCS OL ‘suoeujueg Aysianiun jus0e) axa wes Suo|saND jo edAi exp pue LORDS ‘snojnexd 21g J0 8:98n wor) paniacas youqpee) uo pased SI uOIsINe/ eU “SeUD PIO SUT ‘posuow-o2 pue payrduuys pue swe\qo.d pue StONedism] meu TEABS pene ACY OM, “Ausuontun, equinyy 40.19 = 49RSEWAS :“sY'ETALL JO swepMIS OU leg) Gununcooy esoueul4,, Jo uoMpa poBue|UR pue pas}roy puosag oUN 1uOseud o1 AddeY eH8 OM | NVHSvolvud NYA Ag pousiang ooorea: 20nd zoe-e6z60-€6-016 NASI {6102 JoqwenoN : uontpa pesinoy puosos 8102 J0qWenON : UORIPS 38114 souny @ I DNLINNODDV TWIONWNIS1 Account For Electricity Company ‘Accounts as per Double Aecount System Final Accounts as per Electricity Rules Receipt & Expenditure on Capital Account Genoral Balance Sheet + Contingency Reserve Disposal of Surplus (As per Electricty Rules): Norms regarding Disposal of Surplus Replacement of Assols ‘Simple Practical Problems. 2.” Final Accounts For Co-Operative Society (Co-Operative Housing Society & Consumer Co-Operative Society) Provisions of Maharashtra State Co-Operative Societies Act and Rules. ‘Accounting provisions including appropriation to various funds ‘Accounts — Form N ‘Simple Practical Problems on preparation of Final Aécounts of a Co-Operative Housing Society & Consumer Co-Operative Society 3. Investment Accounting (wat. Accounting Standard - 19) For Shares (Variable Income Searing Socurtios) For Debentures / Preteronce Shares (Fixed Income Bearing Securities) ‘Organisation, NAV Soneme, Load or Non-Load Scheme, nents of Balance Sheet and Evaluation of Mutual Funds, Disposal af Investments, income, Accounting Policies and Entries Introduction, Road Map, First time adaptation of indian Accounting Standard, ‘Conceptual Framework ‘Comparison of Ind AS, IFRS and AS IFRS : Introduction, Scope, Purpose and Objectives of Financial Statement - ts Frame work - its. essumption, Characteristics, Element, Flecognition and ‘ime of adoption of IFRS AS and IFRS. Convergence of wv Internal Assessment 1. One Class Test (20 Marks) Match the Column Fil in the Blanks/ 05 Marks: ‘Answer in One or Two Linos (Concept based Questions) (01 Mark each) 05 Marks Answer in Brief (Attempt Any Two ofthe Three) (05 Marks each) 10 Marks 2. Active participation in routine class instructional deliveries and overall conduct {5 a responsibe learner, mannerism and articulation and exhibit of jeadarship Qualities in organizing related academic activites articulation and exhivit of leadership qualities in organizing related acacemie activities, 05 Marks, ‘Semester End Examination Maximum; Marks : 75 tions to be Set : 05 uestions are Compulsory Carrying 15 Marks each, Duration: 2% Hrs. Q.No. Particulars Marks at tive Quesiions= 16 b questions to be asked 10 and to be answered any 8| Sub questions to be asked 10 and ta be answered any 7| Choice / True or False / Match the Columns / a2 15 @2 15 es 18 as 415 aa 6 oa 15 as 8 7 25 | Short Notes - To be asked 05, to be answered 09 15 ‘Note : Practical question of 15 marks may be divided into two sub questions of 7/8 ‘and 10/8 Marks. If the tople demands, instead of practical questions, appropriate theory ‘question may be asked, v1 : eg oo ev0z dy (San) suonnies sede AusienUN eee 202 ~sprepueig unurooey werpuy ‘pur sul OfuonINpONU —°S pre. coz : spungreamnyy > set eo oles «gy 14M) Bununoooy weunseAul —E Aijog enyesedo-og s01unsu9D ~ Aiatoog Bussnoy ansteredo-09 = ozt Ea sior00g oneiedQ-09 104 SIUNOTDY Ie 9 ‘ » fusdureg Ayou29/5 104 SwuNODOY jes“ suonexsnilt sosexg PB AIOOULL ‘son 0B ee yeous eaveIes voy S607 pUB Wold FB rpaus cores 8 | swinoooy jeu = suonestenii | stuowoeng (e19u2Ut, Jo sieW0;. uk Seg sos Sfooqs-omnv anion UO 3uIIOF TCH Bedtuinon gag sororieteae sy pA ay joz205 oul, st uF OPUITOHDY Pench Gonoreuen guru ay spas pao Aq-ps0o pouDTets ep ABN Sta wows sonsoa vinpeuss portores Surupequoo ‘Omdeury punnyA Je podliaos i pla] sumpon ~epan 299 Jo 19009 41, 27 woREDnueD, opurgosny 14s Jo Faas SNI07 Bi 1V LU ERUREEENIE We 1Financial Accounting - VII (EXB.AE : SEM-VI) To bring private participation inthis area, ‘issued Regulation 2004 and Regulation 2008. As per section 47 of the Electricity Act, 2003 a distribution lioonseé (an Electricity Supply Co.) may. collet security depesi his premises: Such deposit 7 and refund the amount othe person who bed deposited such security, cof supply of power. Security deposit norms of diffrent State Commissions are diferent rom State sty Deposit Ale Provided on the year ended ‘Accounting for Security Deposit and Interest. Journal Entries Dareiiee ota. = | Bank Ale “To Security Deposit Ale {Geng securiy deposit ecves rom consumers. Finatccounts For Electricity Compaity Intoroet Expento-Avo- Dr "To Accived Interest A/c (100,000 x 0% x 9/12) [Being interest accrued on securty depost fom consumers] ‘Acerued Interest on Secutty Deposit Me be "To loctristy Sales Turnover Alo. [Being secruadt interest on securly dépéskt adjusted against ‘locttly bits of consumers] .. [Interest Ae o "fo Accrued Interest on Socutly Depot Ale {7100,000 x 96x 12712) {Going Intarat acerdied on seedy deposit rom consuimers) ing practices regarding sueh SLD charges. ine contribution from consumers may be accounted ‘ver the estimated life of asset from consumers may be accounted ‘component. under the APDRP, tothe states over and above the ‘of time bound programme of reforms under 170‘uomnax yoo 94 58 (CIV) ‘uopaoo:dop sue cousap annsjnuu (-) wonersaxdep eane|nuia -)7O55 30 98] SOI = poteimo}¥> 29 PINOKS 6OOT-Y-T HO SE aNTEA prnoys anyon oyqeioaudop fur Toad pameaucs ain v0 pobre uy pasniouse Jed wwoultsereD pue vonncutLo9 210% 40 30 wdosz & = [88] va qeoeoring (sa) = plat — Sots sok a1 3m oo eumppuedxa waded 10} wHeis WeUnworDD PUR LoRNgEIUOD SIBUINEUOD Jo Siar steos ot yuo 9 958 Pu 4 SuyO1 DE 210 em puERS sa yy S807 ue OE AL, 2a ayy ansoesy pnd opus 1896 amp wo 97¥ SST pus 024 OF PassoysuE SEB ayvaansng sa ov rma, “a | ‘te Jo mo paaynbae yosse yons Ho paaes uoneadog “— o ssiey saimar | {onde spammy “eipuy jo iuoUNtNaHOD aKeY JO ANSI agp 30 NCAY *9PUN POAIODE THEI, -ywes8 0103 ‘249 1 pus popiaosd s wonnpar esr ype Jo #405 Ov (10-00% Jo ata 809 a2 2>uAIFAL HE | orton) sso] yBe> sp oonpes 1 Se INANE ON PePLAOHT odo a6HU2901 °Z (e4sz edge gore 30 papries et 809 potas 1p 30 0405 - {ho 1088 9206 papInoud 81 ys09 yoofosd ay 0 %OOT“eikis ADBoreD rHIoads wT sHETOMTEHOO {ovo} pus yond seq 3] “eocodsnd oamagpuodea [ede toy 61124, + siwowodaie,y auoMSeAU “y Cxrnas: rex) 1A ~Pumenossy mount ,6 Financial Accounting ~ VIL (LY.B.A.E : SEM-VD (vi) Depreciation should be charged from the year of comme ime basis o pro-rata basis ‘Weighted Average Rate of Depreciation should be éalculated as ‘Total Depreciation forthe yearn allthe Assets 6 “Total Cos of all the assets except oost of Land diring the ear, depresiaton rates shouldbe applied simple average of production or part ofthe year ‘Summarised / Grouped Depreciation Rates are as follows : ‘A. | band Owned 0%] B.[ Land > Leased 584% C._| Builaing and Givi Enginssring Works 73.349 D. Generating Stalons, Goolng Towa’ tnd 2 Systems, Hydraulic Works, Transformers, uipments, Switchgear including Cabie Connections, Ughtning Arrestor, Battvies, Overhead Lines, Meters, AC Plant-Stati, Streot Light Fitings, Asset not covered anywhere else. 5.20% E, , ‘on Hire, Communication Equipm 6.23% F_| Self Propelled Vehicies, AC Plani-Porable, Apparatus on Fire olfer than Motors. 9.50% &_[17 Equipments 15.00%] H. [Temporary Erections such as Woaden Structures 7109 .00%.| Final Accounts For Elecricky Company e078 s28%| 747,000.38 5.28%] s,43,282.98 explained, being t00 equrod plant and machinery costing © 20 leks having use la depreciation. 20 akhs Deprociabla Amount ty Regulatory Commission ET BORIS] 20Twt4 « a z fseease 5573.3] 9867.08) 301570 (CActntor-ATP, Nov. 2013, adapted) Ey seaass| _5,573.90| _ 3,867.08] Gocing Capital Cost (A +B) 3,04,175.32] 809,748.62 9,13.615.70 ‘Average Capital Gost 2,94,258.08] 6,06,961.97| 8,11.682.16 wish 3,04,175.32| 3 9,740.82‘e108 Key ‘aneevonrya) ‘chp2 Rev sausdwoo oun jog uod se 210e a!eH TLE UO SE “PF Aiding oyu ZAX Jo EUS eOURIPS e1edaL oer | 009 oo oe oat see cout oo ooo (painase pesopisv02) user ws poost Semon cote sbuymosiog unos. 5001 °C pee eet ers o's ovasi Dads | COATES. ‘mote 3e 8:21.02 Uareyy YLe P9RUEse—K Pry ANG DUADeIB ZAX 10 900 Busenosny (eoueutg 3009 a ION PY 18 un paella sorredinon 0} f4ada 1248 C107 l0z "iy seruedunry seyuedsnoe Ayo2=1> se nt evs foouet yo see; Kae quceald30U SSOP COO [AY AUTEALS A OoSsE ov0e | » cost seeaeee ie - F Tpeenenaue) wenosadsa Sonetoaideg j900u ou a0 0 osodind eu Joy poumjas ue s9zrg $e paLspvEDs] uoREeidop J ape! SbeIOAe PeIYOION Fenty vwonejpaidoa (a) oz ‘be woreyy wo se-pr7 Aiddng oyn2eIs ZAX 40 1994S + wonnes e ode Syorn2ery 9g SunOOOY mat Garnas °F CAD TA Banmosoy rounag °10 Financial Accounting = VIK(TYBA.B + SEMAD) 12,000 : ‘3.000 (Declared Owens . ‘eon 13,000 suse | Sab00] Prepare Balance Shect of Veer Electie Supply Ld, a on Stet March, 2044. (TYBAF, April 2019, CA-tnter-ATP, Now. 2014, adapted) Balance Shoot of Voor Electric Supply Ltd. ae on March 91, 2014 Solution : Final Accounts For Electricity Company: + a Other Current Liabitties Declared Dividend 2 4, Elnctreal Instruments, Less : Depreciation Fund ‘Contigency Rasorva investment (ecoumed a Noncurent fer) Sale of Electicly Domestic Comms Miceollaneous Revenues 1 Connection Fees 18 and Maintenance of Msium ard Low Voltage Distibuton« Management Cherges 7=a sono Lencuns setmigweusdeven | | i E feevoaeg 0 '¢ : seeuaeng vossuouy pu vanesouee : simabealws : - : f soueuaney ‘oRiedo pur * 1 ee alco Jano 3 e001 sm) suopredo woLsomeny ae [geysers = ite ‘arew tg ponve meh ene) wowoin £307 Pus wor oo'0a'2 a z a omer eat soos mae cao ase ee . ceeerese| © ours SaEPEES soo ee joorerer |= 2+ (Gws019 + Bare 090'08'3/'5 aGesany Uo 54s es ooooo'see | 2 voreinolg uous oosizios's | 1 looo'aersz _|oootrs0'e ‘00°00 06"t looo'oorss looo'oores. ‘ainpauas Jed ey) 204s eouejee + wong, ‘2ouejeq eGeions su: uo sisea yris Uo siosse He us %5 © uoneDEIden 8B:e4D woreraTe 101 deo Se poisen 26 01 Sell 20188 10} UjA\uDD shewnsuD pu ue 1uOKILIEAOD, ‘o00'o0'sz 7 2004 ou Bune iowppy — — a ee coo'a0'or'e plewioy Brag sous — ‘TEuuado) wowaseidaa Jor coieiara ‘suewisany ‘sBumonog rasan nun lozzi-se wo se saynaery pur sjocsy J0:no i preog AIuDe1s %01 ? #102 Blin posts ved} Loanquisia e6ei0n sor puB LiNPEN "Wisi WoNnANsIa SBRIEA SIH : #02 Byung aumyoUedys ude ‘oneog} ueot ‘ur eaysag 101 woanqueg .siwwnsu09 uei9 iuewweKeD, ee 01 240 sexbus hana 000'00'0!: 1eHED ays vunooey 9807 pue ios roy ‘un Sajaiog 10; uounaanuoa sieunsu0g = ‘Pou out 105 (eso-DAOra TA x81 s10}08 Wold "A one's : XBL pus suioy Azeuipiownx 210}0q Wedd “AL beets ae (i= x21 pue ewoy Arcoipuoen=s ‘Pus leuondsoxa e10}oq@ wyOld “I a 2 mmasneg sxoproeng seg simnoo.y pomFinancial Accounting ~ VIE TY.B.A.B + SEM-VD) Feng, ates and Tacos ‘Solution : FinétAceoiins For Electriely Company munsers presenting oe in wir Less Depreciation Func ‘Total (Glosirig WOV) [Note : See Appendix- Examole 1 for solution under Double Account System, no longer epplcabie,)11684 8101-01610 1204 10 100k ou wou paBreus 2a pros uoneaeided) “9 ISBN 3OIOHD TTdLLINW rpy uoyssnuwen umop pret ove soso, ‘1809 bos aud 30 31900 oh ‘j0aee 4090049 e018 Bujsop (2) ‘uo paydde vq prnous soe \woteoaiden 420K ow Bunny Sejueduunn AyouoeI3 Aq sesmjpuedks rede> PUCHIPPE Jo OED Ub (oua0) Powe peseq is09 wveursoeideu pereroaideg pound ep vo (P) own eur wusreas OUIOHY OnIeA UOC UEHUNA J0 POUR OUT UBT 40d 89 pobseyo a vonmoardap ‘saueduiog Auer "pu 30 es0ueD Joypny ue JoyaRduIEO O19 Aq poquossud sole! ota ( Tey x2 euo9 { pacyasaid 221 01 (2) osstunuog KownBou sod se pabiew ‘0886 poxy jo i600 uy uonanpas se 9013 10 ‘onseses ues ‘ace 10 Ansty jo atiaay s9pun poweoe: 2noge exp 0 ue (2) ‘SJossE pexy JO 1909 UL LoaNpaL eee ca a _ ss sumvere 8 (9, ren © () 40} palunosoe 2q Kew seByeYp Weuidojsrep wins uoANguIUOD OU COMES 204 YEOdeg “L | Riekdataleel a Bevdiuag dosing so stunOv0y TOW o-NaS 10 HD) UA -Bupnmossy pouon, : oxw Financial Accounting “VII (EY.B.A:8 SEM-VD ‘Final Accounts For Electritty Company w Reserve Sie seats [tee e275 Contingency Reserves 1503.75 mere a 2088 Net Revenue Account 668.75 ‘Stock Hand EINE | 150625 Sunary Dabiors 7 "720.78 Contingency Reserve invesimont TEES | sstor2s balance of Noida Electre Supply Lid. for the year ended Stst March, 2012 is as TE 8% re0 | BB | e225] Ex (005) 175.67 — ee 22,62] eee ke 13300 eons ions cung the yoar 20, $0) s24s0] - (additions during the yoar 50, 80) on . 35,134] © fae aera se Se eet 7 rtgeng Reserve iver Stn ae 23) etn Scho Creches ‘ee i crore ee Pcl Sona : ia tomar SEES Tae ‘a50,20] 050,20\usawog Arepseqng 0} Suee7 pue seoueApy ‘ower S205 nays 3590 ooeze — foarze bso-08'2 psoerse coors weoaes coveza couoees way ses eee eee ‘oorgr uspina posed oauzens me Shino anus Seosett SSS goons coomma on sd th ett mt Sones oso oats sees oS so tas re seo 8 oso oe a aoen. oae rset sovovest os 0s oo le ee soso es sama, mig ou axee | = : Shino anes x joso'e: puppy | HOS, avs & ee be eros nd eerie Pa iL 84181 Sumoyoa : (peauERPY) 70 oo undue Mpa sp217 404 NCI PME ie2 Financtal Accounting = VIE (LY.B.A. : SEM-VD. pening Balance of Proft during the year before adjustment” 3.82,37,000] ferred o Statement of Prot Considered Goods 43,400 Unescured ‘Considered Goods 05,250 = Considered Doubtut Make 2 provision for debts considered doubt 124060 repare Balanos Sheet a6 por Schadul Il of tho Companios Act, 2013 and aloo mention the etfoct of adjustments on the prott ina working note Solution 4 : Balance Sheet of Jyotl Electric Supply Lid. as on March 31, 2013, EQUITY AND LIABILITIES angie Assets 5 = intangible Assets Patents) mae ‘omer Non-Current Assets 6 Current Assets lnventories - ‘Trade Recelvabies Gach ana Cash equivalents 3; Gontageney Reserve fe Balance of Net Revenue Account rm Borrowings Debentures ‘erm Lan (coneldered szcvred) Lose : Doprociation Fund Total 75,00 32,50 4750 7.50 15,00 T7750siassv 2 8 vonmos, oao'se 00% Daaee Goeeid 8't cover sess S220 sc (ay joauinawoyy se paunNSSe) ueuacenuy ewosen) fousbuseD Wigig Jonod woos = Aounoein pus ad 2 puepinia posodosa suojenong ual wous (eunose pevopreu0s) v907 wy poioeg ‘sBumouog wi9)-5407 SLassv26 Financial Accounting VI (LY.B.A.R : SEM-VD, Finat Accounts For Electricity Company ar 2. Reserves and Surplus Captal Focone B: Gontngency Reserve 4, Share Captal 1 Balance of Net Revere Account Eqalty Shore Capital Total ‘Authorised Capra : 3. Longs '50,00.000 Shares of 10 cach w+, 000] 50,000 Gash ana Cash Equivalentsooe'seae oor'ss soveeee'e Tro HS o02'9F's1 o00's0'9 oos'ee'ez bosses ‘sso'gc'eo'e oseaoee. z0z “uate 1g Uo se “PIT soMod DHIOL 10 199uS SOURED +: 9uonnios {wen 1uound-UoN a8 peunese) uougsanuy enaeay /US0URI0D ‘S1O8Y 1HOHIND:LON JOUO. “9 puna vonspexdan 680 = aurnun 29010 squeungsur e103 SUaUOINES OUD ‘ede yang eT ‘Suen sreuiojeueL tuaid Jono woes ‘AaaoEN BLUE wei “ oda, SpetuDoIe so sHMODY TOmEE 2206 99 bane vonooy pn = 260 2 Burp voRnDEY Coser ‘coon a ‘ogee (oosnoeg pavepysv0: eosiis oe = a on-ese' 2 woos * owes |roreos'2) lovase'9 coroos'zt|aomaz~ ty) sees ate Soup panes aes a1 210 poo00'O Bey ‘woos ee ov'e00'ci| (00'000"2 ovosz'ss aes swucteninos use pus use." Seqenoacu spat -g sovoquanly “e siosey jusung -Z sassy WonnO.UON Jano. ‘mossy o@ouriuy ‘sommaory w31nd 1916 ‘egeheg ope) > “poz “uoveNn ISLE Papua J8—K ou) 10} 9uS SOUTER eae sm Adeng aunoera an. CHAS! 1 FEAD nA Bernmo29y own § uonnjos: %Financial Accounting - VII (LY.B.A.R.: SEM-VD 41527,900 Foacoived during the year Loss : Transfer to Proftt and Less Account 2;96,100 3,02,450 57,950 4.31.48.000] '0109.000| 7,54 45,000 30193.459| 4,38100,200] "eB 360 18.150 108,400] oa 1,58,02,080| Totat 58,72,500] 82.201080| 1.40,92,550 12,04,950 152,57,600 Due to Subsidary Company ‘Trade Payabiea Sundry Creditor: ae Groct Batances of Consumers Provision for Corporate Dividend Tax Tota ‘Tangible Fixed Assets react soot @ 336% ‘Protection Fund (Unclaimed Dividends) é 5 a Baza rss| 92.92.505" Considered Doubttul otmer Dents ‘Secured - Considered Goode (9,01,650 ~ 43,400) = Unsecured = Considered Goce Less: Provision for Doubtful Debis Total 154,050 ~ 68,250) wwe 16:08:05 ~ 124,556), 297.480 “00 29.98,050, 05700 206,800 3.101250 .17,050 43.400 65.250 124850| 2,94,500 9.42,280] 18,88,600 3.72.200|HaiSKS TanOsOy TANG ou jo SOBETEAESTO uaiogs orm sense pong Sows WiseSG TURESOY 218M Saye foo soueyeq, an) Ur umoys abe sassy pouty Bunspes smowp “sas unogy orFUIS OL, “E ‘oste pox Hutsznboe ey pass naoq seq ures xp ONY PE PANN U29q SE outs an mo moys 01 siOKS souPTeR Ont Mulsedaudyo seodmnd wow x WIS fr 243 29pm seo Hevea) sah Jo SALE Jo SAS O1H JO mals Ay puY 2A 35 souvybet¥ BuLsedoad yo asodind ews ain "reds tuncaoy e Sars aM 29PUN “Z sonrtegey 24p wo unoys ase “oa “pung Won Taig axa jo avep aun wo aousnsp wy 9q you Kew 30 deur yor s19882 Uo ‘Syuva painpouos une seoureg a 08's conse pulen ve Sonboud pue use “= ns : ‘shuofeamnby yeeD PUB USED “CL Cn-nas 27 TA-D TI -Bumorey owns ce“ Financial Accounting = VI (IX.BA.R + SEM-VD) ‘As the assels are shown at their historical nts in the Receipts and Expenditure on Capital ‘Account and their respective depreciations on the liabilities side of the General Balance Sheet, ‘the Balance Shect is unable to portray the financial position af the company. 3. The Receipts and Expenditure on Capital Account does not represent the tue postion as some stots are continved fo be shown at eos price even afer ther estimated economic lives. 4. Some preliminary expenses like cost of special act or cost of putting forward new bile are not permanently capitalised ‘5. The eystom has some difficulty in drawing a proper distinction between capital & revenue expenditure 6. The expenses on repairs and renewals in diffrent yrs nd charging themto the Revere Account in which they re lcurod, lead 0 storied pice ofthe pratt earned or ome intra, incurs no expense in some Yoars and heavy expenses in others. Fane ean nara ca “The final accounts under the Déuble Account System normally consists of: 1. Revenue Account 2, Net Revenue Account 3. Capital Account (Receipts and Expenditure on Capital Account) and 44. General Balance Sheet (©) Revenue Account: Tit scout it smile othe Pott nd Less Account of « eading ox ToLaw charges Final Accounts For Electricity Company Net Revenue Account as Net Revenue Account : Thisis simi 1mm except balance of the Net Revenue Account is shown ‘The Statutory form of Net Revenue Accotnt below Net Revenut ERE fe Account for the year ended Yo Balones from Last Years Account Jo Ralance carried to General Balance Sheet By Balance fi ‘Aecout Balance Shost Last Years By infos! on Bank Account By Balance camed to General By Balance Srought from Revenue pose af tis fixed assets ene cous Toul | Recopis expen ‘iture ed VRaceintsaceintd looto mo} curing ‘ond f [ine your] year € Tela By Other Recepis By Ordinary Shares ey Senaoaveos ou Aa panoidde euopnigeu 0 svogesisebi0 wk mHOyE ap ‘SAIS TODNUTOIDAN Syd suonstdoxdde uno29y 9Ar050% 3.0) S84 1961 “PY eR atueoU opun avon aeeey EMO, NaC Jo yono2oe uo pants x3 weds pu xe} Staoaut op Tenbs yuraure Uy :oA.96NH joMdoTeAed| (@) ‘spar mag 274 uossinoud setpo ou gory ay pun assay uF Burog oem ap 295 ae] Aue Japan nOHDstdtNOD RR 2 ‘squnouas so coutequtem poo ounbor sosusdko ump yo sy204 20 uo jofenowar 0 yuoURDE| dar uo sexta SunwoU 0g (1H) “a Aeyvdog srousooy saz stimoaoy PL sesuedg Ceulutond KS sreigeq Aipuns uel Ul So.018 Ag vinosay feudeo AB Frseg 20} sioypato fapung ox ‘S010 OL oe8 Financial Accounting VIE(ZY.BA. + SEM-VI} Depreciation {ae per Schedule Sovonth) fe and Dividond Contol Reserve 1d fra orgarieatione or nsivtons approved by the, ste Government ec ‘By Salo of Current 186,000, By Meter Rent "6,000 TBO for the year enced Stet December, 2002 =| Parcoiars = 72000 By Balance be 34.200 T5505 [Receipe] Tear uring | rocsipte tho year] ‘Total Expenctture rains | 7a 14400 Baoned fay woes OF 2 1 sar2us ooo'oL ‘7402 Yow y24e Wo se 1904S soUEIER 1E:8N0D DOTS HOOT [OST] [oopsE Joos [ous yuneooy reuse fo0e'21 fooo'os 0's looo'os > sideneu| 6 1a, frcieoouhillsoasl} ‘hoz ‘uarew ste popue sok sca BUE raoL pueq ve use ‘yueg we se ‘squojeainbea yee pur use (o00'2z + nw) swvounsonty pun. ‘SUOUNEOAU WELIMDPUON 10 voyerpeiceg porerunsay = $501 j : i Buin — Hp Hi HE Hl unney $807 pu youd, “a ung ouosatl “= ‘ongding puv ssnseeod Z ao Andawag, Spoproory 40 sHaN092 PE2 Financial Acconiting VII (LYDBA:E : SEMVD Final Accounts For Electricity Company, 6 Example 3: (Replacement of Assets) i solution = Joumal Eintion” epiacement Ae (3) Dr 45] [Beng replacement ofthe od main alocatog between capital and reserve) 2, [New Maina Ae De 4 “Te Roplacament Ae. 1 ing dost of old mataral used inthe now mains) 2. [Bank Ale Be oa "To Replacement Ale os {Being tne amount realised rom sale of oid materia) 4, | Revenue Ale @) Be] 43.79] "To Rplacement Ale 4970, {Being balance of replacement account tansferred to Revenue Ne fest 46 lakh (05 # 7-408) = = 4370) 5. [Auniieny Main Avo Be] 1580) "To Bank Ne 16 ‘To Replacoment Ne 050 [Being constuction of ausliary main ata cost of € 15.50 lakn Incuding oid mataral and worth £0. lakh] “outer 20,00,000, Cash Expenditure ia © 20,00,000 ~¥ 7,08,000) = ¥ 18,95,000. Amount Chang Estimated Coren Gost of Repiachg Oa Ware Note 1 Less : Sale: ao i : (CWA Inter, Dec. 2015, adapted) be capitalised and the amount that would be charged to revenue. Show the ledger accounts and joural (TYBAR, April 2017, CS-inter, June 200)(pordope sovur-yvo ‘0402 ‘600% AAW ‘svEAL) 244 Supp oe, eq aig ln Sutunese ay AypufoaT 24 yo SoEsId aU apUn LN ord aa may mous “syyU] 6 > Jo oud mes ood w powwe AvedwoD OU Tpneio7 pur eres Taemase loge jo jueworeiday 40 ped yunoule yo uoesole Buea) c00'00's0%6: ‘oN USE OL ayy susoeidous rg vos | “1 Er Ese ee ‘Dooaooe wooo IT ‘saunua rewnor co0'00'8 eae 2258 BEWIT 2 votes 01 vonpov urrwertt > umes 9 coors poorae'ce soo0'so1 2 eee) eee ooraveez > posyeyée> 09 213909 use ovo 3 sum pjo soy pasa syuroieu jo orien: #207 0000's 00'20'09 soovezs'e 3 Pestaide oa aco tse 2 Sooo ‘orev poms vo (ooo'oe za2 exsosoy uotetoadon [0000000 12 ass 8 3809 epeewiona jusung} 60> ound Jo UH 30 100 1} Jo WOL/e'® APEOAIONS z Baromeg| anaTRLE Tg HRT aS 7 oooovor—| 20h mis 0) Sunosse ay 0} uebed puP KuEdic® Apuoje UP oF oi eBDUEIBE Bt : ooraeer | ove speayeno soe oorooes | Oe a sor poosooes | aus 09 Wore a smueaieg | seo Suara | one 12930 suena i rWowsoardeu i 1509 wowing poreurisa yo uoneanewen . s0.0n Suman 3) oncnou oo pooaoee 4s 402 1 €809K3 =yqBUCCDaY OU JO %6OZ * sneang Jo 1esodsia, sedans imoy erqeunseon: 5507 sosmuogag wo iscsi) :¢607 2808 84810} "871-00 AyouDeI3 B.ARIELL Jo #90 OLA Way porDeAxO sy vEHDNLO;L BY 20k oxy Buunp pred ysarehn saumvIqeG %OL ‘seve ermiueqeq Bui6.04> 010}00 1K YON se oe i. popu {ending jo jwsodey oov'os'ze 00'00'se se Tare oFOaE BO TBS WO Ba 2yyctewBoDidou OL loots |_sa oy nwa |e Tuapsmisuse mou Sha oan aleaTeU pro Suioa] ‘yw wewsoeidens OL jooo'oe'ss | 3a ‘on vets | Bewdley muse seg sunO2oy PME (quewa9jdos yo yooo wouna) looo'oo'ee's 2u89 21 DRT Senseo toe) a ob 000'0020'» er Sore ok 19 “0 mmoorere Ba00086~ ooDDOTe ooo'oC se oov'eorze'e ‘yunodoy endonoa oy ajqeoBseyo nous yo woneindioD t soowress posrendoo oa ony sovorare. (cnn we pe Batt yo oo usu Peveun 3501 dooce coors ue 10 Woy paen ever Dorian Pov oo0'on'00'9 rere pe)! nou 09 2 + posnendes eq er now Jo wonernee9 “1 + Hons (HAS # VCD HA ~Surmndooy powomeg ”Financial Accounting’ VII(TUB.AR : SEM-VD, 8. Balance of Development Rasowe ‘Company & 6,64,000 + 33,200) ©. Disposal of Surplus estos eualy bet () Tai and jonet) cone, Lo, * se d00 each Final Accounts For Electrielty Company Fixed Assets (Original Cost) Formation and Other Expenses Monthy Average of Current Assets (Net) Reserve Fund (represented by 8% Goveinment Soules) Contingencies Reserve Investments Lean fom Electicty Board 2" 7 ‘Total Depreciation on Fixed Assets, win off o dato Trarile and Divdende Control Recerve Securty Doposts recelved ftom Customers ‘Assume the bank rae 1 be 10%. Solution : Bright Eloetoty La. credit o Tantt and (C8nter, June 1999, adapted) ‘Computation of Reasonable Return Reasonable ReturnAio|00 Bursnoy onntiodo-o9 : suonsatemit ‘Aya190§ SujsnoH aanesedo-09 30 squnoDaV [8ULd Jo SIEUOS ‘sueyoha jepory 1-2 sissy OL'e Beupne poo unig ou, sz0upne payTN> 0 zone ueUEzEdep hq SUE ne1od0-03 Jo pe ot ep sa Spm SNS ANN EISAD-O 3969 ON "1961 ‘S91 soN2}0S aayye40d0-09 oHNIS EAINSEADHETY oF PEF O96E TOY (SOW sonoqpog aanniadoo> exnysereyeyy 21) Jo Su0|st4ord Ue ayp Apmys $4 Hr] ‘BY A900 oeFinal Accounts For Co-operative Society 31 2) He has been held responsible under Section 79 or Section 88 or has been held responsible for (6 Meniber; Under Section 209) 28 amended vide Amendment nan application for the registration of Co-operative ora perro duly admited oa menbersipo Society les and purchases of goods by the society, and ofthe stock in hand andits valuation. 3) The assets and liabilities belonging to the society. 1) He may call the society to fish such statements and returns and to produce such returns as he 4.3.2 Managing Committee Receipts and Payments accounts during the previous year cooperative accounting year ending Tae Profit & Loss Account forthe year (oF Incomie and Expenditure A/c) Me Balance Sheet as on that date of accounting year i.e. 31st March.‘sroquiow sy ung Aaqoos 941 Aq paniaas so souesue HY (@} ‘:aj908 1es9p2j 20 ‘hay 330 (2) Bue (1) 99 woRDeS Jo suoysroxd am wea ranog 44 pongusian faydeaaseys u8j0 Wopdanspas 5 peur aq oy paumbar worsAo3 AY (0) ‘eof ead sey 30 ago youarp so 10 “ea 0 08K wou} “Pury pros otf o3 FHI aTENOAE ET, () =o senda yes Aop08 epan se ar9 30rd 190,30 Sug239o2030q wen020% S80] pur ygoad er pafLeyD axe wep sumMOWAS oxpsOpIAOAT Yop IML aoa 0 paBsey 2q 0 syunousy ‘a paaoidd se spury suns yo esos ay Sugden Steno gpg eat en 26) CTO HW OUUDHONEY 2 _spumg smdins fo yosodsye sof uy Stu “Tunossy wopetadosty ssor[ “eu-afq aepun peqeas0 puny Joyo Aue pus puny uoesyenbe puspINg ‘puny Wewido}aned | OS) ea rodure ue 224}0 'stonuom Aresouoy pue siequiow si 01 BueIOLOY 10 sNUOG Srequiedi 5y oF puspirig JONI eu Bip JO we} BuipeesKe 1a ssse ‘Financial Accounting - VII (EY.B.A.E : SEM-VD “Final Accounts For Co-operative Society 55 (© All wansfer fees received by the society from ts members on transfers ofthe shares, along with the by the society rom is mens on astro thst inert in the capita society, Expenditure Account|yocispesa + ‘sunoooy swwowdinbs 1949 PLE erpreno pue wo: ‘use u oueieg yparg 8 jopoendog woussora, ‘onoroe) - sigeq wang pu ped rere syoug woung ‘ppy ‘suotsudondey ? 280% ane = tou ing ponusoe your “| soeusdhy predoig “a enverstt peuojod -y| ois ‘eBesoyaig "s96sew ‘Cununuspun Burpriaut sponsor Sumy pue Sunyuing EEIEE NAEP “58 Financial Accounting - VII (L¥.B.A.R : SEM-V) Vi.Fixed Assets (6) Other Housing Sacteties : “House Mortgage Societies” ané “House Construction Soc ‘Under eaoh head of the crginal cost and ‘Srv inclused in this eatepory le the case of "House Mortgage Societies” the Society ‘the maximum amount of euch guarantee. Cooperat {ho addtions thereto and deductions Stole Bonk o thavetom made during the year and total be shown 9 . ‘depreciation writervot or prowsed up 10 = the end of tho year chould be stated | Depostte socordance with the provisions of 3c right, tle and interes, inthe land jon for registration ofthe Society, . Contingent Liabilities which have not been provides for should alga ba montioned in tho Balance Sheet by way of a footnote. bed enjoyment of the block or flat oF house allied to him by the hip societies are most commonly formed and ean be formed in any oF the fate person who agree to became | ‘oueiea eicapornedinieagressent | toosainconaacefon thebulacrartne | tonveyance, staff welfare expentes and so on. Other Expenses cover ret ‘Donations, Eduoation fund contribution, Audit fes, Charity ete {@ Incidental to CHS : The expenses included should pertain t or be inci ctivities and chould not be personal in nature {amended Section 812). side by members" eoatributin,Aaps0g aaradonog 104 SHmox>y YOU ‘mypodyo onuanssse go ton! ou ave pur yons se poy sso ore 2 Sus 10 Sesindea “Buypuncaaton 305 190930 rade jo omg ain equisa ‘ove wos; emus od wey 211 J0 809 349 30 96% B pany Budyere om spsENE: GorDgEMHOD oko, ‘stisndns swr-f@ pow aa ‘pun. Dupfurs Joes om uy 3 2 satianados wane ny aeescd sae -X@.aynos Supsooor ag pynoqs as, puny oUEUSNEIEY 3p sUyeday pee pang SUPUIG spreno} Sy94o05 2p gam wu agp 3o asia f]ufeus Dora poe ano syne " pf “Sa@selyo s9yBAK “PUY IOY}O oy 30 pu apie Suzpor parBaitosog prrogs “syoog sain {9q Seu oseo aif 10 2ee Financiat Accounting - VII (LE.B.A.R + SEM-VD bifircatod into the principal and interest components. (© Unsecured Loans: Loan stock Bonds and Depsis are the Items which sully appear under this hea (@) Loan Stock Bonds: Contibations from members towards costof fat are credited to this account (©) Deposis:"The society may borrow from tone time from mersbers and frm non-members With {he permission ofthe Regist its placed onthe berrowing powers. 2 by hebye-leivs. The interest payable Tans. ( Cash On Hand: Rule 107 lays dowa the me hand by different societies, At presen the | 5.0001 smount of cach balance thet ean be held 0a feable to the housing societies i a meagre in Form ‘N’ andthe fon The sorresponding 8 of the Soclety, wards ou ‘iblshment fe ands refered on hivbye lave as“The Charges may bol ii) Common Electricity Charges. Gv) Contribution to Repairs and Maintenance Fun, Final Accounts For Co-operative Socle « (@) Expenses on repairs and maintenance ofthe ifs of the Society, including charges forming thelit. (4) Conttibation tothe Sinking Fund: _ (si) Service Charges (see Bye Law No. 68 below). Gx) terest on the default charges. iment of te Jogn and interest. ‘(aiv) Non Agric jon and Training Fund (@ € 10 per member). 6 ‘Other Charges. @) Bye Law No. 68 (Break-up of Service Charges ofthe Society) ‘The Charges ofthe Society referred to at (vl) above shall include the Salaries ofthe Office Sta, Liftmen, Watchmen, any oth (G3) Whore the Society has independent Office, the property taxes, charges et. forthe same. soyee of tho Society. charges, water Body by 231d Majority at its Meeting. Howev ene of the Act, Roles and bye-laws of d (Gv) Expenses on repairs and mabitenance'of for ranning the It Equally by all the members ofthe building in which lifts provided, ieespective of the fact whether they use the Ti or aot.ip uo 9ssu08 51 Jo Suspyon jo ap Supplies wos ‘Syepon am so se 249208 01 SIUDUNPU sfyatoos au 30 609 TeaoUa a a pasouide se yesodsip snydans3oy Su ibe OHH 0.5poq fenouat ap Jo SBUNADUI oy) 305 ACOH 331A UL 1905 igo semiuo:) 949 30 SBHINSOW 2H) 105 300K SAH owen leropy / ote woo" s1oquaay /A9}90 UL (8) smaeong woh VROTIION SUL OD) ssi sUOU OT OL, saya JO €2 arma JoPUEN poqyoKesd use} Oy UF Is}TOH| dono NsY NAY SUL (A) E consi pun SoryeIS SUL OS) “ra fpar jeu022g au) ‘wep THO MUL 4 ‘o04 HEED 2H ‘sprue Jo ope s9pun paqyuosd “uso, 52290) 30 38° SL sanma 9tpJ0 ZE SL Lop psqzs084 “a; quiogg0 s8iBol OU saistSox pi spuoees“yunionde Jo ayoog Se-moTIe) ani MENUS RES ABO 2a, (saosin spuvong 008) ZF ON MOT KE CD ‘Sinpadord BupunosayE Tre 59 “topo0s astrnindenon 40 SUMOZDY TOME eamooe a Peon ean anna Aad EAL YD OES oe “OXDLTER ONE ET -a6q 248 2p 2481 9 BY 69RD donedna20.u0y (9) “Stet Sapam ap po gn epee ee ae aig sa01 ox aey aca om npim pousonrom wy oki) mug Potlar why ‘Zunsow sy 3230 Avo1D0s ey) Jo Spog TwaUaN amp q paxy soBsEGD: : snipe isan ceenonpn ipa entag apg ren PRESTON 30 sequins Aa papratp StyENby 0 : Joss dyno "waa y= (eT ame HEN SY pay a aes: 2-v a4) m4- Dunmow moueng ”6 Financial Accounting = VIE(TY.B.A.R + SEM-VD Rina Accounts For Co-operative Society.» o Upto, 25 members ® 25,0001~. ton required by the Registrar in pursuance of any ofthe provisions of (avery socey shal ioe aroun apanl spprovedby a Sate Govern de expenditure on roars and rosinienance othe sooty propery exceed te {ogee with hs writen consent within rsacationed tunder bye-layy No: 58()'prior sanction of te meeting of the general ‘body meeting. of the society shall bb netessarys* ***""* uote Soci ito intimate and fle te retro as provided ty section 75(2A) and seton () The mening oft ener ayo he sey Hl Scie to which te expendince Se oe Gime eee _(© Tuareg ft ener byt sel Ses ey he Comics se 2 thout calling for tenders for the work. In regpect of the work, the cost of which exceeds the (5) Bye Law No. 148 (Security): Every paid employes holding any office in the Soeiety and handing 1 Tinie 80 fixed, the Commitee shall fellow the procedure of faviting tenders, pl ithe Scio chal fonah such secur ass provided dar Re 1073 ‘ibtetheseade oy outng fr spproval ab emering into contrac wth he as Sppoined) and he cotractr. (9) Bye Law No, 160 (Repairs? intenance ofthe property ofthe society (G00) Garden (xvi) Comanuni not covered by the expenditure ofthe int inccrned flat holders, with the consent ofthe society. ni I be compet ‘con the repalts and maintenance of the society's property once ime expenditure dees not exceed :squoweinb (ao1ga0) / smauns a10g 0 eg | TWIOL awior UE syD19 Use "suEo : urd Uonoery una Guess pue doveanp 26/649 A2ueRRI00 LEN, so8se49 aouesreu| No spucg 10 eumuese ete seO.o1 ‘s061e45 Aauedn200 UN uomtopet HOCH 10 si<4s wowpesst ww jo wouskedos} eee =B1eYD Pan¥jeq Sut vo e070} juougiesuy v20 jo wouskedou ub ‘60-00 SaM. y Jestseud pouneioq am uo wseul be 0g 30 seus 200% *poauasqns ove 03 240 corms we Ppesvouy seoueteg yung pur used 1 reuse anus _ FEES ENA E EOP] 5 sermadio scqpndiaine pe epogzanen yp oa sip "maaan tng ing om opin Apo ou 8131 GS - £9) sws}-aGe JopoWN 2th vO poseg sf yeuLED anoge oxp UI omOOKT pum sSsLedND JO Uonssytsseps aq “iunoooy smurpuady poe amo9Uy aindaid yale soha!os Futeno4 oF] 2U s Yom sunoaDy sso7 pus Yyoss Jo WU agp AED WY oeP MEN, aes AIOTETES OU, o 3 so Magoo aapnsado-eg 4051 um o2o¥ PE Carnds: 2 VELD.1A -Senmosoy prota a"Provistons: 1 1Oubtanalng oF Purch ‘Quistanaing Creators ; For aa : "Eieerses lesen te ‘Advan trom Members Inceme Racalved in Advanoo Property Tax Relund Payable Tetowing tal balancd ai bn 418-2018, prepare final accounts inthe presrbod forint as jcable legal provisions: EVERSHINE CO-OP. HOUSING SOCIETY LTD. or. Tal Balance 3,995] Colteeton fom Mombers ~ 37,056 Surplus fr Lact Year Less : Appropations 5.140 Ade: Caret Surus Caton Dotorred Revenue Expenditure. 7100, Bulding Renoveton Expenses Sor 1, Other tems 41008 Interest Acorudd but nat due 34.560 thor tome: ‘| Etecticty Deposit 93470 Water Dopostt X, Income & Expendlure Acéour 3,000 ‘Accumulated Losses not 570] Surplus tor Last your 74,038 waiten of 500 xt Cumrent Losses 2,009 ‘Total 13,850 203,385 sed on the Statutory Format Nn eave oF those heads, a ice charges include - plus Funds {8. 79(1AYe) / Bye-taw No. 147), a be Memorandum Appropriation Aceount or Pareulare = ca eauay heen eae ae EVERSHINE CO-OP, HOUSING SOCIETY LT. To. Resone / Fund By Surplus (Currant Yeon) or Income and Expenciture Account on. To Bstance old Epona z eT come = z 1. PROPERTY EXPENSES 1. COLLECTION FROM MemBeRs Property Expenses 37,056 COLLECTION FROM 28099] MEMBERS Establishment 2,600 3. INTEREST AND DIVIDENDS: " 1,008 Intorost FD s017| 4002 2. OTHER EXPENSES: 4. SURPLUS / DEFICIT) TOTAL, TOTAL Taarewaeare Tel 296teto rein eoumnanuey souses soueuaiey Due sedety ‘Sent Modo ‘soe007 wong “1x 20'90'2 | (woe ‘sing: 3837 pesea yo vonan you 698801 peisinuinooy | wn030¥ SetseS Bununosoy Seana 10 ‘svoju (20a) aqeoyde Jed 5 yeuso} paquosord ou y siunoaoe feu ovtdoud's,0z-6-16 Ho 28 eoueTER eV Buy eT See's soouvtwa yueg DUE USED 1 = z fessy | ES Sou@er yous eoucle@ TWEOL Www ‘uiotsaq) f sanauins “= eeno woung 1K wunosoy injpuodxa pue owoaul. oN MOON HHL 49 ‘ynoooy eumpusdyg pure eurcouy “a ‘G21 4131008 DNISNOH “40-09 SYMIN AVE + vonnios “treme popu 2g a stew Ws pazognn sede woudoenepoe “S ‘2re'st 2 2uEsnsy) PEC oA -uoee og 240 serous 000" deg arous pasvoenny “t + woneAiojuy ]eLONPEY & Aoro0s sapinado-o7 40g gunosoy out (pas | HED 1A -Banmosoy rome zwz, Rae ees ” Financtat Accounting = VIE EXB.A.R : SEM-VD inal Aceosints For Co-operative Society 7% +) 2 INTEREST AND DIVIDENDS 27,088| Interest 88 a1 toss). Insurance Charges Mn folowing tal balance ae on 31-9-2015, propa find accu in th proscribed format as cable legal provisions ‘SKYLARK CO-OP, HOUSING LTD. 125.085| Etscvcty Grargos Duos fom monbers “4.984| 8.000 Shares of 50 each 258071] 251,085, Subscribed [360 Shatos of ® 60 oach 01.37,752| “A, Subscription towards Shares 26,90,000] 500) 3.96.215 ce ie : : & tne ar srce eee 7. Tower Rent received in advance: bees ‘Solution : 5.97.60 SKYLARK CO-OP. HOUSING LTD. ee fan set Income and Expenditure Account | eee Nu Bana eae there eimees PS couiseron rom sprit shee sae ere sar se Corse s0se2 \ one ocr Seong SEZE ee pms Sse ones ie ee Serer Hee ibe Vee ae “a San NE Rance "as aneae aed Total sazaaT7C625 omy PRIN oe wons.0094 Sty, ysode pg isnot 0 vonducean “eek vu oo no sous aut poronnen Sse. beg sbuina tert oot "ord wacom fou oraxide soy sok euro ow 0 siunaase ah aoe You or SOUL NOY 2h ‘SaWaaing awy ssauauNt “e ool doiausens ‘ica erat 9; vodaustonevy pods Aue oie svoRbvcensée arods BAL BON caves sseuog Lowes sve sauoniog Susana ore beiced mows NowoaTI09 * ease sosusseg 9080 (b205 ness) sre tozee'e doanoa weded eaoNsex3 pr ono Suaawan dnannisnevies < i ! nous NoUTI09 + | ss'60'z sasnauxa Aiuadoud ; ES : eucou | "ae Eg OT 19 nosey voneydosddy wnpusiouen “a al ees ens on me-o6a / @NYHIGE ‘SI spung sniding jo jesodma 10) a ey Tungooy eampuodea pur au) “a Tea {247 SHO Hotuto = wonniog ‘598907 1N91iN9 "1 ‘simypusexa pur auoau) “x a8 OF ajo saves 08 Fpsquosns pee og 2 10 se1bus 002 iota) / gn7suns or oe ‘uidsoyosnon 9000'S 500) uPny 83 teers aojv0s oxrrsodeo3 203 mos0¥ OS i ee sioquiew 01 agefed “pL ‘091 2 BupUEaITe puns sex'ooe 000 e9r'oo't FS "011 6H9 Hens “suosnaid i259) geoydde sed ‘se youn, poquosasd aus ul swnoaoe reuy aradaid 'sLGz-e-LE uo Se BDUEIN (a Baloo St wi ere foun ‘erodes sayy “804 auatino og Jo SU : yuonensnn 194s BouRTea U3 4 POjoNpED. (4 30U SUE KOUL “NOV OLA nog 104 YOGOR!FeNULY ota UY Pauoda! AU Bre evOReIidosdde aroqe OU: SOM a9 junosoy vonepdoiddy winpusioworl Lepb-on mey-oke / (OX i}62s] epuna sniding so tesodsia 10) wei Camas © 9¥ €D WA Buynmossy popumng8 Financial Accounting = VII (EY.BA:E'+ SEM-VD, tial balance a¢ on 31-3-2015, propare tral abchunts Inthe prescribed fora as provisions. oe i PANCHVAT! CHS LTD... it Dr. “Tal Batince! ce 18.87.6859 sussonbed Capital £570 Shares of € 60 each, 28,500 year a2.25810 “53,000, 20308 085 3,900 Shares of $0 each ladfshment expenses PANCHVATI CHS LTD. Income and Expenaiture Account 1520488 51882 po. Electricty Charges Repairs and Maintenance Final Accounts For Co-operative Society Establishment Expenses Sale of Sarap Opening 18,87,659 Entrance foes Cutstanding Expenses 5,19,002 ‘Kaveneotrom Memoere 2s 20.41,250| 70;38.747 30,58,141 hase 240 i 973 ni 51647309's9 suis sev'o0'v6' see's estos'e2 hunoooy lsowrr lo00'00's oy soup Jére'er sosvedsa fupuesno ‘suoysinoud DUE oerece | roere ooruee SINOONT waHLO ‘suaQWan Wows NOWOSTIOD, 1 Wii (uta) rsnvauns ‘> (sweudnbs) uoweoaded ‘SESNHDG HaHLO © erezr~ Seaisug.bununesoy 08'S ‘Suideeyennor ose 992 (sez) 062'9 sys'ooe| oc'eee unosoy eumypusdxa pus euteou 20 + wonmos Azpoeg aaymiadonaz soy sun070y foul (pardepe 'st02 *0N “IEA sus'tza a vo yor'ir> (a pung Bupa uo eor'et 2 saucy ft 404 @ suswdines ‘swounsnlpy ware (00108 00'%e sue'eo've ssew's eso'se't Eraeay Ser'90're'L soee S204 sojouer. oe0 0 3 0 sa1eus 08> peer ZE -s26724o 2010 ‘ee yeuoy pequosad ay 2yneaoe eu ‘8 fog onasddo soyy 906 yours & 1 swequou yo yeaaidd soy ogous en “a1 SiO Mv ‘svoisnaid yoo} aqeaudde 198 sj arnceid“si2-¢-ie¢ uo ve eoverea ein Binono aut wo wee ee0'z0'4y big'ee (4824 auauing) soiding 4 ‘bet ove fe Pp souerag ox, (92) omosay Moimaes oF nosey us joneudoiddy wnpuesowory 3a Lat “on aey-2ha / (oX(vH)62 ‘SI SPuna Snidung Jo fesodsia 10} Uela cos [SIO TO ZT seyding wound soy sew 0r'es ‘spuopiaid predun “WA oeta Financial Accounting» VIL(LYBA.R:: SEM-VD Supls or Last year 228,80 ess: Appropriations: ‘Add: Conant Sule 20.225 Total 3 e.an'81-9:2015, prepare final accounts In the prescribed format as © @ULMOHAR CHS LTD. Fred Deposits Land and Bing Property Tacos Receive trom Promotors 33080973 1 Authorised Captal 8.000 shares of & 50 each 2 Outstanding Electiity Expenses +2268 3. Deareciason on equipments & 10%. Prepaid Security Expanses £5,004 nor aetablehmant expenses incivde collection for Sinking Fund £525,108 (TYBAR, April 2018, adzpted) QULMOHAR CHS LTD. income and Expenditure Account ce Bipendiure z © [come z = 5 PROPERTY EXPENSES 7. COLLECTION FROM Property Taxes i2,05.609| Winter Charges 307.087 Fletrcty Charges 13,48,570 “Vide 2,52,009| Cotaction for Estabishmont 204,450 400.948 12,68,919] - 9 Sinking Fund (5.25,106)] 7,49.611 1.48,940| “01000 a 6313 90.626 —s540a[1.51,719 “Final Accounts For Cooperative Society + 9; OTHER EXPENSES, Daprociation (Equiomerts) 208 4,SURPLUS/(DEFICM).”—(.78, i ‘TOTAL nce Sheet Fried Doposts Ii, Staff Provident Fund IV. Loans and advances Roceivable from |..6,28,050). - Promoters ‘and Expenditure Account x1, Curent Losses e27281 41,080 ‘Duos from Members 18,95-182] 14,97,002 on. cr. Paria z Riaaatas ‘Share of MOG Govop. Bank Of MOH Federation 6.42475 Fees 8.72686 Cash in Banks ‘Gash on Hand Freed Doposis Envance fees Fixed Doposts- Sinking Fund Interest ~ Flxad Deposit Fumiture and Fitings Intorost- Savings Bank Inaurance Charges Intorost on SF FDwwisezy Sujuedo - pung oxenor sunosoe uy edad 129k waL!ND 24a yo swundoer 1 uedou fruiy Ox Bem “17 SHO YNBIA, Sloze-te wo se 30 sea au aut 0 120us 6 TOL ‘s08807 1UaLIN 1K ‘wneooy umpusdxa pus outa x leoores'e pee'se svoquor wou sara foes ‘siowgoa a if ees'oL soroouna pedaig leoe'e'si seoueany ung wept Bearer 0e) ooo loce'ea'e loce'ss'12 bn ooo'+t ecco |zzrory = stuegutusea “a 68 puepruo use -e oper = = 2 o00'r s0'0e 19, ‘yuneisay aurmpuodsa pue 9w0ou) “O11 SHO MHS ‘exozmidy ‘sveAD sioqwou wi sav'eo, sefroug suey, sosuadis pur sowty Muodg ‘SBSNSOXS ALW3dOUd “ uyedo~ pung aneeens Bad = puny Sure “esv'zs'ar] Siping 1 vomiting soewon 1050. 5 Carns VATA ~Bummosoe power ssrareg] secuedg pur soxer Atostg ‘upune pue pues, veFinal Accounts For Co-operative Sociesy “7 Iv.Secured Loens ma 1 ¥, Unsecured Loans 2 06,31,200 3 5,11,280 5 ° 194413 7. Buse trom members for Estabishiment Excenses £55,768, 3. Advance trom Membars fr Property Taxes €128.364 Ni 2. Expenses for walla are to Be aslusted against the Welfare Fund. 168,954 \VEENA CHS LTD. Income and Expenditure Account ‘Expenditure Account ‘otal Iluetration 10 = rom the fllowing fa balance as on 31-9-2015, propare final accounts inthe presonbed format as per applica legal provisions. cr Insurance Charges 0.163985 tReome and Expenditure Al Estatisnmet Excensos | 497,200 { sishtory Resene Fund 1840317 | res off 30 0ach 28,760 mbers for oe 29.02.08 = z aaaors rom Members| "02.000 Ou70;07 ! 57.880 9080212] wor Ruling) 9680.212 . Baenontans 25,004 sas.e01 Gasnieanks 41216] 65,020 Property tives 009 Firs Doposts 100 Sopa tor Water azear0 PERE saz1ana] 57.09,s00 12,89,268] Depreciation on Equipments ‘Outstanding Electricity Charges 477.587 (TYDAF, Nov. 2017, adapted) * esis] 71.415 7,38,800| aarisn ok7.60a) 54,49,904| 2,28,08 Monber ‘Duss fom Members 155.768] Buin 186,31,800] "Property Tax Refund Staff Provident Fund ‘Ni| duetemBMc — 19.88.019) 2,70.567ou'ac'e| sesuodra puv.soxe, Auodors s2Br0up sie, ‘SuaQHiant sexes Auedoid ‘sagwadxa ALuZdOUd “+ a eae 19 unosay azmypuadia pue swoou va ax $H9 vrtogo ove sesuedks Aioioar3 SupU ‘yoe9 08 3 1 881848 O60 : FEED P: worerT ser yo80 96 270 seveus $2 : vondueean: o00'00'es Beso 0 3 o0'sz 000'@ 02 0090's ooo'se wuoy fg wre ka ere o9s'62'19| reuy ated are Aeug enaidde sayy “1296 wound 249 yo spun0D08 (euy el 1 erequous Jo yoxoido soy wodoy jenuuy aug ul peuodas Ao ve euoqendoudde onoqe OU # SION Bara] eni'sv'os| (ave, woung) snicing ke a0 wna2av woneudoxdéy npuesoion ston mB-2ha / @)ivile2 6] puna emiding jo resodera 20) Ueid ‘8 ojos auyinsnda-03 sos ssunoooy younk BEE OEIEy| Tol [eSEOZIEY |.22'99 mM sesso] wouna “1K IN hn 0600's hn bn on ao5'20's eseece ove'ze'z ooo'zo'> ziz'on's6 wer JeersP Or encins waung : poy Psy Sue ey sense zizo0'se tose zisor'ee seoueapy pus st oN ung wopinosd spony vous 20r'co'6e't sor ROEET ue spun Snowe ooo" Suousonuy nt [oases lovero: forrzror swig wuses “a foe's pus} vo uses -# |oowooe Free ee eos’ esucy vir ea) avin, [en Wie avesy (4101830) /smaung 9 sess womans : sasnaara wang -¢ ‘wot Jonon oncon "| pgoia'ra|, sasngaxa inanestavies 2 --g [sop ei] NSbuscowren pon Stee seer ‘aL enirney voy i200, ai ee 2 pase cee daly ser ove mows NoUszTI09 “t ie presnes [anon atioah 39. » wunodoy aiimipuadxa puv-eiuoou, 4a “oxi sHo NETO + ones Coens: 00 HK:0 Ma Baenoooy pmomoue i% 0 Financial Accounting ~ VIE (TY.B.A.B.: SEM-VD, Erectioty Charger. .. COLLECTION FROM = Sie aan fVide R&P AC 9.319] MEMBERS : home Te above sprncatens stablshmont Exponsos 2, are not shown In the iwrenesT AND Dwioeos |" ‘Satoted in tho Balance Shoot of th ‘lopare and Maintenance at» Savings Bank aie uotration 12 = 2. ESTABLISHMENT EXPENSES 4. OTHER INCOME ‘Salaries “42,000 ‘Tower Rent 25,000 nal Accounts For Co-iperative Sactey 1 ed inthe Annual Resor for approval of members at “acvounls ofthe euntent year, Aer approval, they are Tk: Oustanding 3/409] Tneuranco Charges 6, prepare final acoounts in the proscribed format as SURPLUS / (DEFICIT) TOTAL Subeeription of Housing Federation Subecription to the Education Fund Water Charges earor77s jjeumont + (Outstanding expenses - < 3,200 12598 @ Maintenance 4,200, 481500 hares of €50 each | ctablishment expenses 4a242 MANGAL CHS LTD. De. income and Expendl ce Expanane = a © z | To pRopenry EXPENSES 1 Propory Taxes 149,723] b Water ranges sar7s1 | Vice 8. 36,798 491242 | 4.41,003, a ASG: Outstanding —-_32.384) 49,182| 2. INTEREST AND DIVIDENDS rota lsse7 08 Electrety Charges Interest "Savings Bank 8.022] Plan for Disposal of Surplus Funcls [S. 79(14)6) Bye-taw No. 147) rYie 8 7a870| Interest - Fred Dopostt_62.726| 70,748 [Age : Outstanaing 13500 89.670 br. ‘Memorandum Appropriation Account cr. ieitsnee Charges. ytd Le eee = EE Repaita ane Maintonance ee ae ees PMido 42.940 To Statutory Reserve (25%). "4640 1 "Add : Outstanding —_~ 4200] 47.140] To Balance ofa & 13,918] ieee TE.568 TE558wor vor E (owaar/ smrauns “» © loose oersr— 00's zoe foorz joov'es (ees) onsen 'S3SN34X3 ANSVIHSITOVESS “2 oov'ee evece Jose Supueiarg: Poy wows NOUaTIOD “ seves't Besuodns Atocoy ~ [ose'ze ‘susan Wows NOWOITION “b ‘susNadx3 Alu340ud z z eu puedes ‘ain so AZGHYS. dep ‘oi0e Ae “avaAL) wonnios oer s28:0y9 s01em Supe p80 08 310 s8:0uS 025 OEE oar puns 61 09'¢2'1 S08 sere seeuad3 pur > sloquicu! wos} uoADei00 ayuounenipy HTT sroweTyg] sing seem 00's wee 05 2 0 sebous 00 reideo pagwasans sev'or'y | Suiuedo - pun exesey Koinwig Budd - puna Sum. , ee Viowoaideg aa ES ee a 39 1 souerea HL i Ee nfs ork ee 008 cee “ait sho aaavive ae Suoqonan 200 eniogton 28 : save ‘= uosprabané an anes ee ‘ibe se soa satoa ea oh ws : pee ‘S3SNIdXS ANSNHSMGVISa = ts Gres sapsindire sos mumecor ts = | a reas EVAR Sunmoooy mem =Financlal Accounting = VIE (IY:B.A.E: SEM-VB) x. Ineome and Expenditire Xt Current Losses us Funds, taemorandum Approy To'Statitory Hesowe (SK) Sim [inal Accounts For Co-operative Society. 1 93 eaulprents 1.09,540| Outstanding Crediors: Purchases) _7,68,000, ‘Pred Depout-Ropave Fund <4 Repair Fund - Opening 8245,073, 4 Exec Deposits : Seourty Bepost rom Membors | 220,672 2 alr Repairs Statutory Rosaeve Fund 4 Ofies Expenses ‘Opening an27e16 Prepaid Expenses subserbed Property Taxes and Expenses: 280 Sharpe of € 50 each 164,000 Salaries ‘Tower Rent 36,128 Security PACECACES ‘adatnionat information : &) Caton tom momar: “Taxes and Exponede Eetabiohmen Expenses Entrance feos ‘Tranetor foes Premivmca vanetors Repairs Fund sjusted from Repas Fund 10,000 Shares of € 50 each, BHOOMI CHS LTD. or, Income and Exponciture Account cr Eipenaiture 2 [aaa 7 = 1. PROPERTY EXPENSES lsreasr2] 1. COLLECTION FROM 2) ESTABLISHMENT MenBeRs EXPENSES Property Expenses 43.07.05 Salaries 2, COLLECTION FROM Otter Expenses iemeens Estabianment expenses [29,21,380 4,05,508 a00 36,125 eeaK EeEe 380 —sg0785| 605.144 Fixed Deposits Fhxad Dopost= 39,10,901‘6. pe anes svoquiau way 5600 ot ‘Sug ni a "ane oot Tommopes + [IN somes ung 2104 Hogue ss 3 spremoy vonduosang 4 sosiny ‘sheusonct “i [osc ooo de alo emus 23) np Bunn, sreso |eeRTT = swua ute “a peawosans ontionea one sms | be puertoe ee9 = [power pe og 2 0 seus 0002 Syusdo - puna sade 200d jane seaueiea pea wine do 30 Sereus oe pug axed - oded Pod rene ose “1 powears puna vonsones to woes ze z i ‘oem purer 0 we vune99¥ eamapusdva pve ouout Ng wy erp puns ne seid seq ot uowoeneD 300) 12% paar a Suysodo - pina anoveu worn [a (rolsaa / staan aon woes eoustea eu SASNIOKG HILO“ ‘017 SHO USI ooo se Soe Sosurosoy : oan sees euameood 8 yutoypoqyooand ow w suroa9efeuyexedod'G10e-€-416 003” feneepe, suanon (6240 6 pasnipy suonenos es founguonsonpa eat 0 Tea ior Sree : sore seg soumnes sero) | eaoe soevodis SONaaIAIG _ |000'6> ony seaaiN “ sasnae) sreree'te ananifsrievisa sagnauxa Awsdous “1 19 “a “ait sho usin + woes, rv zwert torre 2 ieouoi “9 20022 sorsvee 98807 wing “re yorsoTr : ung syedou oat soo coves sreec'a 5 OS 008 2 es sioguiow wos uana0j09 9 80 0939 #olbus oo deo peeuouiny “F paused segoe' 2 ? rae steerer ‘86k enomsie ay spung aniosels HeimiMG 6) SuoRRICRICCY “+ i = swounsnlP wae $ + acuedhe pus soxey fuodold oneepe4 duisnon jo uondvoears. | 7 SOUS joor'er “6 Airjv0s.oapsoiade-o9 20 sumosoy Ped8 Financial Accounting ~VI(TYBA.R::SEM-VD } W gmat Accounts For Coteperative Soclety ” ‘Ada: Erirance Fee 200] 78,741) Property Tax Retund 2 LF propony taxes 151410 3.02.484 Fommtre and Fitings est Nt | fecountng Charges rf post "750 zoren. | ° 939 nw 6,195 ‘2084 5.404 nu a7503| Nil Gash on Hand 27 \aeare7 > Rapave Funa Aaa’ Curent Sus 15290 2 Sinking Fund Total “ovat ee ‘an for Blepoeal of Surplus Funds [S. 79(0AV@) /Bye-law No. 147 intrest - Savings Bank be jemoranduim Appropsalion Account or. estan St FD “ peer Interest on Repaite Fund FO aia = z {o Siaisony Rosorce GS) 30.003 “2982 tajor Repairs o be acusted rom Repairs Fund Te salance ce 2,8.962| By Supa (Curent Yea) vea,t00 eprecaton @ 10% on Pump and F Fea ZHE0T | Sobtion iNet The above apprapiaton ony repotedin he Ann Rapontor approve! ofmenbers ow cs ur, br, Income and Expensiure Account or pense [hao 1, PROPERTY EXPENSES: 7. COLLECTION FROM balance as en 31-3-2018, prepare tial aoccunts inthe proscribed format as Property Taxes 151,410 provisions = om cn L0. or, ‘Tria! Balance ce 33,065 ‘Sale of Sop 291.900] Fanboans = Subsespton oTHvtig Feceaion | 2748 ‘927448 Sioa | tare | 2.19,208| Dies trom Members |. 28.898] Ropars Fund - Oparing 6.73;840 Secunty u ‘ecounting Chargeswus spon uonduseang "v4 22 08 2/0 s2)0US 089°) yeous eouerea 00's suey sono © za 27089 z ooo'ze'ez pevasi2e | soueinsu pue sexe, ices: wows NOUDITIOD “Lt sash3axa ALuaat = swoon einupuoe 10 unozey exmypuadxg pue euoouy 1a "017 SHO ANVS¥A \yoe9 0 3 10 Sa18ug 00% weave e's sefreua Moo ‘eneoe00 ~ soevody Aodord 10} UERDoIeD = ‘sosuadka WeUlySEGeSS 10) YOAD®IOD 8 yuo} poquoserd oxa ul un0208 jeu evedeud “e102-9-16 uo és souetea su Sumo) ou 1 von 1804 8U etp Jo 1904S sousyeg en ut poIorpeP idee sey “0 woLina ax Jo syunoa9e JU, oXt ut} wmoYe Jou Ste fet. "OY eth jeanidd 10} wodey fenuuy exp Ut povedas Aju ore suowedorde enoge Bi? SION Armes sunmsodo-09 soy sumoooy rount wuaung) ending ka Pia eoure8 Ae jo souyeg op PETER | (co82) ensoson oiiers St 19 Ww Lar “on eta 'S] spung smiding yo jesodsia 20) ueig BererE sesore swnooay aimipued ez s ore'se 'N ose oor aw 01299 eze'ee'e is ES. we Jeoo'eo% loce' sve =pung Submis Sony um Buwodg pun omoooy Aointes ‘spiemor uonduosans va Woes og 370 sa1eus Ob pequzeans = pasuouny mee ornas: wir ‘S3SNSUKE WBHLO “e oor12 Financlat Aecounting = VII (TUB.A.R : SEM-KD) 1M. Reserve Funds and IV. Loans and Advances Propels Insurance’ 1203 Rekenos Initia Dapoot Income and Expencliture Account| XL Cunt Loses, Beige To Stautory Rasewe @5%) "accounts of the curtent year. After approval, Srey are ‘ven balance as on 31:0:2018, pranare final accounts inthe presen BEST Deposit Gash in Banks ce Fried Deposis - Sinking Fund. Final Accounts For Co-operative Society Income & Expenalture Account ‘Outstanding Expenses Propaid Expenece Property fax refund due trom GMC ia7a7as ‘ea'250 ‘990 50.920 4000 2. Depreciation on Equipments =€ 2,36,067 Solution : ‘swam CHS LTD. Br, Income and Expenslture Account cr. EEE es 4. PROPERTY EXPENSES (05.25,156] 1. COLLECTION 2. ESTABLISHMENT FROM MEMBERS EXPENSES Property Expenses. 88,69,008| 601.000) Extabiahmant 4,94.925| Expenes 96.41,06% } 25,04,158 2. INFEREST AND 900 13.348 15,99,588| 20.52 '80/000| 1992.015| 17.52.5509 4.27.508| 20,97,495] 9. 3. OTHER EXPENSES 58,920 Depreciation 2.26.067| 4. SURPLUS / (DEFICIT) 6.as,980| yorAL iia. a6e78 z arate. 2.000 shares of € 50 each Supscrbed 7,95,543 41888 Shares of € 60 each A, Subscription towards ‘Shares 11, Reserve Funds and (Other Funae . Statutory Reserve Sinang Fura Fund- Opening 13,78,748| Accrued interest Entrance rece 1609 son ED, —raaris| TrarsterFecs —_4.000| 19,79,945] , Staff Provident Fuindred Airy ost purH wo uses “e Jose's ‘seounieg owe 05 2 jo'sarbus soe jeudeg aveus, ae wae Teor 0's sonsceuy sopsia fa [3 SuresBojay ous adeyeon OL ues sag paws os ozs eg iupy | ooR'e seg vonnainuoa siequen fa [oct EE = swear | > 39 hOze-1e pepUg 288A cup 404 wunNoDDy eimypuads puE woo, “a ‘pi Aior0g Bueno} exnesodo-og weweyley tunooy exrupusdx pue stioou Ue esedond 01 paubes 18 Nor 21 poucysueg 09 01 posodoid 2! enpuodxe sone eweout Jo 29000 580K JuaUMD olf 1 TSE“ “sune2oe jo 64000 ‘241 uf popi0201 jou # owes ou pur sioquiow 1 UDA si0M ong 2 40 SWE "souODN BuUNG “eC ‘Barfgoat you eve stoquiow wioy anp Ogg 3 Jo S9BiELD soueUaIUN 1004 punID “2 1d sor 18 poteDeAdep oa oF eve sdlund seven puE eunung “L + Woneuioy4) 1eUeMPPY Taare] os're's | supine yo uoyontcuog 101800 + siequou: wos} sonp BUIpueSIno o00's Sjuea "30-09 jousig tequiny ut ses04S sor s99}008 aaposndocay 40s, NODDY TOME ee i pr Aisjoog ouput Bursnot (e1oz-9 4 uo ree) sebeu5 Aisne sue bie o8eisog ews ais > Se0UeI6e WSIS ‘aso Susron 210 fous “noid Be equiew jo erode (W994 wong) sniding ke Pid eouerea 48, aE 19 Y uoneudoiddy wnpueiowen 10 Lupton meroke /(0\vH}62 °s] Spuna smiding jo jesodsia 30} Uela Bea aS TOL ‘s95807 uauna “1K yunosoy ‘itqouedea pu euioout “x loto're'st is love'zores GA-HAS! VAAL) A ~Sunmosoy prey I