Inventory 1

Balance Sheet
For 1-Apr-23

Liabilities as at 1-Apr-23 Assets as at 1-Apr-23

Capital Account 3,93,000.00 Fixed Assets 1,10,000.00

Capital 4,00,000.00 Furniture & Fitting 50,000.00
Drwings (-)7,000.00 Land & Building 60,000.00

Loans (Liability) 60,000.00 Current Assets 5,82,400.00

Bank OD A/c 50,000.00 Closing Stock 1,77,900.00
Unsecured Loans 10,000.00 Sundry Debtors 1,59,000.00
Cash-in-Hand 1,10,500.00
Current Liabilities 2,01,500.00 Bank Accounts 85,000.00
Sundry Creditors 1,11,500.00 Bills Recivble 50,000.00
Bill Payble 20,000.00
Royalty Pable 70,000.00

Profit & Loss A/c 37,900.00

Opening Balance
Current Period 37,900.00

Total 6,92,400.00 Total 6,92,400.00