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  • M/S RC Enterprises: Balance Sheet As On 31-03 - 2020 # H No.12-7-134/230, Anjaneya Nagar, Moosapet, Kukatpally, Hyd-72

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    This balance sheet shows the financial position of RC Enterprises as of March 31, 2020. Total assets are Rs. 8,39,720 which include fixed assets like machinery, other equipment, motor cycle, and current assets like deposits, receivables, and cash. Total liabilities are Rs. 1,71,560 which include payables and creditors. The capital account is Rs. 5,14,630 after accounting for the initial capital, net profit for the year, and drawings.

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    This balance sheet shows the financial position of RC Enterprises as of March 31, 2020. Total assets are Rs. 8,39,720 which include fixed assets like machinery, other equipment, motor cycle, and current assets like deposits, receivables, and cash. Total liabilities are Rs. 1,71,560 which include payables and creditors. The capital account is Rs. 5,14,630 after accounting for the initial capital, net profit for the year, and drawings.

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    M/S RC Enterprises: Balance Sheet As On 31-03 - 2020 # H No.12-7-134/230, Anjaneya Nagar, Moosapet, Kukatpally, Hyd-72

    Uploaded by

    hari teja
    This balance sheet shows the financial position of RC Enterprises as of March 31, 2020. Total assets are Rs. 8,39,720 which include fixed assets like machinery, other equipment, motor cycle, and current assets like deposits, receivables, and cash. Total liabilities are Rs. 1,71,560 which include payables and creditors. The capital account is Rs. 5,14,630 after accounting for the initial capital, net profit for the year, and drawings.

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    M/s RC ENTERPRISES

    # H No.12-7-134/230,Anjaneya Nagar,Moosapet,Kukatpally,Hyd-72
    BALANCE SHEET AS ON 31- 03 - 2020
    LIABILITIES: AMOUNT ASSETS: AMOUNT

    CAPITAL A/c 1,00,000 Fixed Assets


    Add : Net Profit 6,34,630 Machinery 1,56,890
    7,34,630 Add : Additions
    Less : Drawings 2,20,000 1,56,890
    5,14,630 Less : Depreciation 23,534
    payables 57,890 1,33,356
    Other Equipments 65,470
    Less : Depreciation 9,821
    55,649
    Motor Cycle 65,890
    Less : Depreciation 9,884
    56,006

    Current Assets
    Sundry creditors 95,640 Deposits 1,56,890
    Liabilities 1,71,560 Receivables 3,56,729
    - Cash & Bank Balance 81,090

    8,39,720 8,39,720

    SAMBASIVA RAO KONAKALLA

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