KVR COMMUNICATIONS

PROP: SRINIVASARAO
9-19, SIVALAYAM STREET, ENIKEPADU, VIJAYAWADA-521108

INCOME & EXPENDITURE A/C FOR YEAR ENDED 31-03-2022

EXPENSES Rs. INCOME Rs.

To Salaries 25000.00 By Gross Receipts 545134.00

To Material Consumed 90600.00 By Other Income 0.00
To Shop Expenses 13600.00
To Electricity Charges 6890.00
To Conveyance Paid 9130.00
To Repairs 16800.00
To Rent 60000.00
To Depreciation 15071.30
To Refreshments 2130.00
To Net Profit 305912.70

545134.00 545134.00

BALANCE SHEET AS ON 31-03-2022

LIABILITIES Rs. Rs. ASSETS Rs. Rs.

Proprietor Capital 1,50,000 Office equipment 44,142

Add: Net profit 3,05,913 Less: Depreciation 6,621 37520.70
Less: Drawings 3,85,000 70912.70
Furniture 32,000
Sundry Creditors 46900.00 Less: Depreciation 3,200 28800.00

Other Current Liabilities 27378.00 Transport Vehicles 35,000

Unsecured Loans 0.00 Less: Depreciation 5,250 29750.00

Sundry Debtors 30120.00

Cash & Bank Balance 19000.00

145190.70 145190.70

For KVR COMMUNICATIONS

Proprietor
 9-19, SIVALAYAM STREET, ENIKEPADU, VIJAYAWADA-521108

239221.30
305912.70