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    Balance Sheet

    Uploaded by

    nitin gupta
    - Jamuna Singh owns and operates M/s Chauhan Traders. Trading and profit/loss accounts and balance sheets are presented for the years ending March 31, 2018, March 31, 2019, and March 31, 2020 (projected). - For 2018, net profit was Rs. 368,480. Total assets were Rs. 2,402,654.81, including cash, stock, and fixed assets. - For 2019, net profit is estimated to be Rs. 504,189. Total assets are projected to increase to Rs. 3,201,930.31. - For 2020, net profit is projected to be Rs. 589,185. Total assets are projected to further increase

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    © All Rights Reserved
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    Balance Sheet

    Uploaded by

    nitin gupta
    28 views16 pages
    - Jamuna Singh owns and operates M/s Chauhan Traders. Trading and profit/loss accounts and balance sheets are presented for the years ending March 31, 2018, March 31, 2019, and March 31, 2020 (projected). - For 2018, net profit was Rs. 368,480. Total assets were Rs. 2,402,654.81, including cash, stock, and fixed assets. - For 2019, net profit is estimated to be Rs. 504,189. Total assets are projected to increase to Rs. 3,201,930.31. - For 2020, net profit is projected to be Rs. 589,185. Total assets are projected to further increase

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    - Jamuna Singh owns and operates M/s Chauhan Traders. Trading and profit/loss accounts and balance sheets are presented for the years ending March 31, 2018, March 31, 2019, and March 31, 2020 (projected). - For 2018, net profit was Rs. 368,480. Total assets were Rs. 2,402,654.81, including cash, stock, and fixed assets. - For 2019, net profit is estimated to be Rs. 504,189. Total assets are projected to increase to Rs. 3,201,930.31. - For 2020, net profit is projected to be Rs. 589,185. Total assets are projected to further increase

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    28 views16 pages

    Balance Sheet

    Uploaded by

    nitin gupta
    - Jamuna Singh owns and operates M/s Chauhan Traders. Trading and profit/loss accounts and balance sheets are presented for the years ending March 31, 2018, March 31, 2019, and March 31, 2020 (projected). - For 2018, net profit was Rs. 368,480. Total assets were Rs. 2,402,654.81, including cash, stock, and fixed assets. - For 2019, net profit is estimated to be Rs. 504,189. Total assets are projected to increase to Rs. 3,201,930.31. - For 2020, net profit is projected to be Rs. 589,185. Total assets are projected to further increase

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    JAMUNA SINGH (PROPRIETOR OF M/S CHAUHAN TRADERS)

    SAHIMAPUR BHITAURA FATEHPUR


    FATEHPUR-212601

    TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ON 31st MARCH,2018

    PARTICULARS AMOUNT AMOUNT PARTICULARS AMOUNT


    (Rs.) (Rs.) (Rs.)

    To Opening stock 561,170.00 By Sales


    To Purchases 3,742,684.49 By Closing stock
    To Frieght 40,250.00
    To Gross Profit c/d 482,172.00

    TOTAL(Rs.) 4,826,276.49 TOTAL(Rs.)

    To Miscellaneous Expenses 8,450.00 By Gross Profit B/d


    To Stationery 1,650.00
    To Travelling Expenses 5,780.00
    To Telephone Expenses 6,210.00
    To Accounting charges 18,000.00
    To Legal Expenses 5,500.00
    To Bank Intt. & charges 29,329.00
    To Salary 36,000.00
    To Depriciation 2,773.00

    To Net Profit 368,480.00

    TOTAL(Rs.) 482,172.00 TOTAL(Rs.)

    FOR M/S CHAUHAN TRADERS

    JAMUNA SINGH
    PROPRIETOR
    JAMUNA SINGH (PROPRIETOR OF M/S CHAUHAN TRADERS)
    SAHIMAPUR BHITAURA FATEHPUR
    FATEHPUR-212601

    ESTIMATED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ON 31st MARCH,2019

    PARTICULARS AMOUNT AMOUNT PARTICULARS AMOUNT


    (Rs.) (Rs.) (Rs.)

    To Opening stock 220,315.00 By Sales


    To Purchases 6,500,000.00 By Closing stock
    To Frieght 75,000.00
    To Gross Profit c/d 704,685.00

    TOTAL(Rs.) 7,500,000.00 TOTAL(Rs.)

    To Miscellaneous Expenses 12,000.00 By Gross Profit B/d


    To Stationery 2,000.00
    To Travelling Expenses 8,000.00
    To Telephone Expenses 10,000.00
    To Accounting charges 24,000.00
    To Legal Expenses 9,000.00
    To Bank Intt. & charges 60,000.00
    To Salary 72,000.00
    To Depriciation 3,496.00

    To Net Profit 504,189.00

    TOTAL(Rs.) 704,685.00 TOTAL(Rs.)

    FOR M/S CHAUHAN TRADERS

    JAMUNA SINGH
    PROPRIETOR
    JAMUNA SINGH (PROPRIETOR OF M/S CHAUHAN TRADERS)
    SAHIMAPUR BHITAURA FATEHPUR
    FATEHPUR-212601

    PROJECTED TRADING AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ON 31st MARCH,2020

    PARTICULARS AMOUNT AMOUNT PARTICULARS AMOUNT


    (Rs.) (Rs.) (Rs.)

    To Opening stock 1,500,000.00 By Sales


    To Purchases 6,800,000.00 By Closing stock
    To Frieght 100,000.00
    To Gross Profit c/d 900,000.00

    TOTAL(Rs.) 9,300,000.00 TOTAL(Rs.)

    To Miscellaneous Expenses 15,000.00 By Gross Profit B/d


    To Stationery 2,500.00
    To Travelling Expenses 10,000.00
    To Telephone Expenses 12,000.00
    To Accounting charges 36,000.00
    To Legal Expenses 12,000.00
    To Bank Intt. & charges 90,000.00
    To Salary 96,000.00
    To Depriciation 37,315.00

    To Net Profit 589,185.00

    TOTAL(Rs.) 900,000.00 TOTAL(Rs.)


    FOR M/S CHAUHAN TRADERS

    JAMUNA SINGH
    PROPRIETOR
    RS)

    MARCH,2018

    AMOUNT
    (Rs.)

    4,605,961.49
    220,315.00

    4,826,276.49

    482,172.00

    482,172.00

    CHAUHAN TRADERS

    JAMUNA SINGH
    PROPRIETOR
    RS)

    31st MARCH,2019

    AMOUNT
    (Rs.)

    6,000,000.00
    1,500,000.00

    7,500,000.00

    704,685.00

    704,685.00

    CHAUHAN TRADERS

    JAMUNA SINGH
    PROPRIETOR
    RS)

    31st MARCH,2020

    AMOUNT
    (Rs.)

    7,500,000.00
    1,800,000.00

    9,300,000.00

    900,000.00

    900,000.00
    CHAUHAN TRADERS

    JAMUNA SINGH
    PROPRIETOR
    JAMUNA SINGH (PROPRIETOR OF M/S CHAUHAN TRADERS)
    SAHIMAPUR BHITAURA FATEHPUR
    FATEHPUR-212601

    BALANCE SHEET AS ON YEAR ENDED 31ST MARCH ,2018

    LAIBILITIES AMOUNT AMOUNT ASSETS AMOUNT


    (Rs.) (Rs.) (Rs.)

    PROPRIETOR'S CAPITAL A/C FIXED ASSETS


    JAMUNA SINGH Furniture & Fixture 22,730.00
    Old balance 1,518,969.31 Addition 5,000.00
    Add: Net Profit 368,480.00 27,730.00
    Add: Intt.s/a 292.00 Less depricition 2,773.00
    Add: Agriculture income 50,000.00
    1,937,741.31
    Less: Drawings 150,000.00 Tractors (WDV)
    1,787,741.31
    Land (old)
    CURRENT LAIBILITIES &
    PROVISION CURRENT ASSETS
    Closing Stock
    Loan cc a/c 481,298.50
    Sundry Debtors
    Tractor loan 133615.00
    CASH & BANK BALANCE
    Cash in hand 423641.69
    Cash at bank 15455.30

    LOAN AND ADVANCE


    Gst input

    TOTAL(Rs.) 2,402,654.81 TOTAL(Rs.)

    FOR M/S CHAUHAN TRADERS

    JAMUNA SINGH
    PROPRIETOR
    JAMUNA SINGH (PROPRIETOR OF M/S CHAUHAN TRADERS)
    SAHIMAPUR BHITAURA FATEHPUR
    FATEHPUR-212601

    ESTIMATED BALANCE SHEET AS ON YEAR ENDED 31ST MARCH ,2019

    LAIBILITIES AMOUNT AMOUNT ASSETS AMOUNT


    (Rs.) (Rs.) (Rs.)

    PROPRIETOR'S CAPITAL A/C FIXED ASSETS


    JAMUNA SINGH Furniture & Fixture 24,957.00
    Old balance 1,787,741.31 Addition 10,000.00
    Add: Net Profit 504,189.00 34,957.00
    Add: Agriculture income 60,000.00 Less depricition 3,496.00
    2,351,930.31
    Less: Drawings 200,000.00
    2,151,930.31 Tractors (WDV)

    CURRENT LAIBILITIES & Land (old)


    PROVISION
    CURRENT ASSETS
    Loan cc a/c 1,000,000.00 Closing Stock

    Tractor loan 50000.00 Sundry Debtors

    CASH & BANK BALANCE


    Cash in hand 48909.31
    Cash at bank 20000.00

    LOAN AND ADVANCE


    Gst input

    TOTAL(Rs.) 3,201,930.31 TOTAL(Rs.)

    FOR M/S CHAUHAN TRADERS


    JAMUNA SINGH
    PROPRIETOR

    JAMUNA SINGH (PROPRIETOR OF M/S CHAUHAN TRADERS)


    SAHIMAPUR BHITAURA FATEHPUR
    FATEHPUR-212601

    PROJECTED BALANCE SHEET AS ON YEAR ENDED 31ST MARCH ,2020

    LAIBILITIES AMOUNT AMOUNT ASSETS AMOUNT


    (Rs.) (Rs.) (Rs.)

    PROPRIETOR'S CAPITAL A/C FIXED ASSETS


    JAMUNA SINGH Furniture & Fixture 31,461.00
    Old balance 2,151,930.31 Addition 10,000.00
    Add: Net Profit 589,185.00 41,461.00
    Add: Agriculture income 70,000.00 Less depricition 4,146.00
    2,811,115.31
    Less: Drawings 250,000.00
    2,561,115.31 Tractors (WDV)

    CURRENT LAIBILITIES & Land (old)


    PROVISION
    CURRENT ASSETS
    Loan cc a/c 1,000,000.00 Closing Stock

    Sundry Debtors

    CASH & BANK BALANCE


    Cash in hand 50302.31
    Cash at bank 100000.00

    LOAN AND ADVANCE


    Gst input
    TOTAL(Rs.) 3,561,115.31 TOTAL(Rs.)

    FOR M/S CHAUHAN TRADERS

    JAMUNA SINGH
    PROPRIETOR
    AMOUNT
    (Rs.)

    24,957.00

    1004412.00

    247810.00

    220,315.00

    462,570.00

    439096.99

    3493.82

    2,402,654.81

    HAN TRADERS

    A SINGH
    019

    AMOUNT
    (Rs.)

    31,461.00

    853750.00

    247810.00

    1,500,000.00

    300,000.00

    68909.31

    200000.00

    3,201,930.31

    AUHAN TRADERS
    A SINGH

    020

    AMOUNT
    (Rs.)

    37,315.00

    725688.00

    247810.00

    1,800,000.00

    350,000.00

    150302.31

    250000.00
    3,561,115.31

    AUHAN TRADERS

    A SINGH

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