M/s.

RAJ FOOTWEARS
Balance sheet
As on date 31.03.2022
Liabilities Amount Assets Amount
Capital 830,576 Fixed Assets
Add: Profits 582,496
1,413,072 Bike A/c 29,650
Less: Drawings (691,859) 721,213 Less: Depreciation 4,448 25,203

Machinery A/c 59,970

Current Liabilities Less: Depreciation 8,999 50,972

Creditors 8,700 Furniture & Fittings 79,247

Less: Depreciation 7,928 71,319

Current Assets

Stock in hand 432,000

Sundry Debtors 22,000
Cash in hand 54,300
Cash in Bank 74,120

729,913 729,913

M/s. RAJ FOOTWEARS

(RENU)
Proprietor
 M/s. RAJ FOOTWEARS
Profit and loss account
for the year ended on 31 March 2022
Particulars Amount Particulars Amount

To opening Stock 544,320 By Sales 19,10,210

To Purchases 1,076,459 By Closing Stock 432,000

To Gross Profit 721,431

2,342,210 2,342,210

To Accounting charges 6,530 By Gross Profit 721,431

To Bank Charges 2,180 By interest income 10,491
To Business promotion expenses 6,755
To Conveyance Expenses 7,850
To Bike maintenance charges 1,220
To Depreciation 21,375
To Diwali Expenses 6,590
To Electricity Expeses 12,600
To Misc. Expenses 10,800
To Printing & stationery 5,630
To Packing Expenses 12,300
To Repair & maitenance 32,800
To Staff walfare 10,030
To Telephone Expenses 6,576
To Water charges 6,190

To Net Profit 582,496

731,922 731,922

M/s. RAJ FOOTWEARS

(RENU)
Proprietor