Balance Sheet Profit and Loss Statement Bank Statem

Source Usage
Equity and Liabilities Assets Income Receipts
Capital 600000 Bank 78150 Sales 100000 Capital 600000
Loan 493000 Stock 41250 Sales 103125 Loan 500000
G 20000 AC 40000 Sales 51562.5 Sales 100000
F 150000 Furniture 150000 254687.5 From P 72187.5
Bad Debt Prov 5000 Debtor P 30937.5 Expenses: Deposit Cash 10000
Interest Payble 2000 Adv E 10000 COGS 203750 Sales 51562.5
Infy 675000 Fire Loss 15000
PBT -169662.5 Mobile 15000 Salary 150000
Cash in Hand 40000 Picnic 30000
Sal Adv 20000 Interest 5000
Bad Debt Prov 5000
1100338 1100338 Electricity 5600
Rent 10000
424350
PBT -169662.5 1333750
 Bank Statements

Payments
Stock 60000
AC 40000
Stock 150000
Salary 150000
Picnic 30000
Paid to G 30000
Adv E 10000
Infy Shares 675000
Mobile 15000
Cash Withdrawl 50000
Repaid Bank 10000
Salary Advance 20000
Electricity 5600
Rent 10000
1255600
78150
Stock/Inventories
Purchases 12000
Sales -80000
Purchases 270,000.00
Returned to G 10000
Fire Loss 15000
227000
Source of Money Application of Money

Equity
60,000 equity shares, FV 10 600,000.00 Bank - HDFC Bank (237,443.75)
Total Equity 600,000.00

Deposited To Bank 10,000.00

Liabilities

Current Liabilities

TotalCurrent Liabilities

Non Current Liabilities Security Deposit - Shop 200,000.00

Axis Loan @ 12% 500,000.00
Total Non Current Liabilities 500,000.00

Total Liabilities 500,000.00

Profit 10,331.25 AC for Office 50,000.00

Office Furniture 100,000.00
20 LT@30K - Inventory 41,250.00
Laptop & Printer for Office
use 50,000.00
2,720,331.25 203,806.25
(2,516,525.00)
HDFC Bank

Receipts Payments
60000*10 SH 600,000.00
Sales Receipt 203,750.00
Deposited to Bank 10,000.00

Security Deposit - Shop 200,000.00

AC for Office 50,000.00

Office Furniture 100,000.00
20 LT@30K - Inventory 600,000.00
Laptop & Printer for Office
use 50000
Rent 20000
Salary 20000
Electricity 7000
Offie Exp + Mobile 750
Tax 3,443.75
1,051,193.75
813,750.00 (237,443.75)
Profit & Loss Statement

Income
Sales through Bank @ 20% profit over Sales 100,000.00
50% of remaining goods sold to P @ 25% profit on Cost 103,125.00
Sales through Bank of 25% of remaining goods 41,250.00
Total Income 244,375.00

Expenses
Rent 10,000.00
Salary 150,000.00
Annual Picnic 30,000.00
Advance Salary 1 10,000.00
Advance Salary 2 20,000.00
Electricity Bill 5,600.00
Bad and Doubtful Debts 5,000.00
Total Expense 230,600.00

Profit Before Tax - PBT 13,775.00

Tax @25% 3,443.75
Profit After Tax - PAT 10,331.25
Stock / Inventories Qty Value

Purchases
Purchases from M/s. G 120,000.00
Goods Purchased through Bank 150,000.00
Total Purchases 270,000.00

Sales
Goods Sold 80,000.00
50% remaining Goods sold to Mr. P 82,500.00
25% of the remaining goods sold over counter through Bank. 41,250.00
Total Sales 203,750.00

Returns
Returned Goods to M/s. G 10,000.00
Total Returns 10,000.00

Damages
Goods Destroyed by Fire 15,000.00
Total Damages 15,000.00

Balance 41,250.00
FS - Financial Statement
Balance Sheet
Profit & Loss Statement - Income Statement
Cash Flow Statement
Statement of Change in Equity