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  • Balance Sheet Proforma

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    sahil raj
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    This document provides a list of liabilities and assets for a business, including amounts owed to sundry creditors, bills payable, bank overdrafts, and loans under liabilities. Key assets include cash on hand and in the bank, bills receivable, sundry debtors, closing stock, investments, furniture and fittings, loose tools, plant and machinery, horse and carts, land and buildings, lands, goodwill, patents, trademarks, outstanding income, and prepaid expenses. Depreciation should be subtracted from the total assets.

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    How to chart Balance sheet

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    This document provides a list of liabilities and assets for a business, including amounts owed to sundry creditors, bills payable, bank overdrafts, and loans under liabilities. Key assets include cash on hand and in the bank, bills receivable, sundry debtors, closing stock, investments, furniture and fittings, loose tools, plant and machinery, horse and carts, land and buildings, lands, goodwill, patents, trademarks, outstanding income, and prepaid expenses. Depreciation should be subtracted from the total assets.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    10 views1 page

    Balance Sheet Proforma

    Uploaded by

    sahil raj
    This document provides a list of liabilities and assets for a business, including amounts owed to sundry creditors, bills payable, bank overdrafts, and loans under liabilities. Key assets include cash on hand and in the bank, bills receivable, sundry debtors, closing stock, investments, furniture and fittings, loose tools, plant and machinery, horse and carts, land and buildings, lands, goodwill, patents, trademarks, outstanding income, and prepaid expenses. Depreciation should be subtracted from the total assets.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 1

    Liabilities Amount Assets Amount

    Sundry creditors Cash in hand


    Bills payable Cash at bank
    Bank overdraft Bills receivable
    Loans Sundry debtors
    Reserve Fund Closing stock
    Outstanding expenses Investments
    Income received in advance Furniture &fittings
    Loose tools
    Plant &machinery
    Horse &carts
    Capital Land &buildings
    (+) Net profit Lands
    (-) Drawings Goodwill
    (-) Income tax Patents
    (+) interest on capital Trademarks
    (-) interest on drawings Outstanding income
    Prepaid expenses

     Depreciation should be minus from asset.

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