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    Nanty Maity

    Uploaded by

    Amalkumar Bera
    This document contains the estimated and projected trading and profit & loss account and balance sheet for Nantu Maity for the years ending March 2020 and March 2021. It shows estimated sales of Rs. 2.5 crore and net profit of Rs. 38.9 lakh for 2020. For 2021, it projects sales of Rs. 3.5 crore and net profit of Rs. 41.25 lakh. The balance sheet details assets including stock, debtors, fixed assets and cash, and liabilities including capital, loan and creditors.

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    © All Rights Reserved
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    Nanty Maity

    Uploaded by

    Amalkumar Bera
    35 views3 pages
    This document contains the estimated and projected trading and profit & loss account and balance sheet for Nantu Maity for the years ending March 2020 and March 2021. It shows estimated sales of Rs. 2.5 crore and net profit of Rs. 38.9 lakh for 2020. For 2021, it projects sales of Rs. 3.5 crore and net profit of Rs. 41.25 lakh. The balance sheet details assets including stock, debtors, fixed assets and cash, and liabilities including capital, loan and creditors.

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    This document contains the estimated and projected trading and profit & loss account and balance sheet for Nantu Maity for the years ending March 2020 and March 2021. It shows estimated sales of Rs. 2.5 crore and net profit of Rs. 38.9 lakh for 2020. For 2021, it projects sales of Rs. 3.5 crore and net profit of Rs. 41.25 lakh. The balance sheet details assets including stock, debtors, fixed assets and cash, and liabilities including capital, loan and creditors.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    35 views3 pages

    Nanty Maity

    Uploaded by

    Amalkumar Bera
    This document contains the estimated and projected trading and profit & loss account and balance sheet for Nantu Maity for the years ending March 2020 and March 2021. It shows estimated sales of Rs. 2.5 crore and net profit of Rs. 38.9 lakh for 2020. For 2021, it projects sales of Rs. 3.5 crore and net profit of Rs. 41.25 lakh. The balance sheet details assets including stock, debtors, fixed assets and cash, and liabilities including capital, loan and creditors.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
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    NANTU MAITY

    TAKLA, KHURSHI, NARAYANGARH, PASCHIM MEDINIPUR


    WEST BENGAL - 721437

    ESTIMATED TRADING AND PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH - 2020

    PARTICULARS Rs. PARTICULARS Rs.


    TO OPENING STOCK 574830.00 BY SALES ACCOUNT 2500000.00
    ,, PURCHASE ACCOUNT 1950000.00
    ,, CARRIAGE IN-WARD 16000.00 ,, CLOSING STOCK 1000000.00

    ,, GROSS PROFIT C/D 959170.00


    (Transfer to P & L Account)
    3500000.00 3500000.00
    TO ELECTRIC CHARGES 32000.00 BY GROSS PROFIT B/D 959170.00
    ,, STAFF SALARY & BONUS 478000.00 (Transfer from Trading A/c.)
    ,, BANK CHARGE & INTEREST 20000.00
    ,, TRAVELLING EXPENSES 15000.00
    ,, TELEPHONE CHARGES 6000.00
    ,, PRINTING & STATIONERY 1000.00
    ,, REPAIR & MAINTENANCE 4000.00
    ,, GENERAL EXPENSES 12000.00
    ,, RATES & TAXES 2000.00

    ,, NET PROFIT 389170.00


    (Transfer to Balance Sheet)
    959170.00 959170.00

    ESTIMATED BALANCE SHEET AS AT 31ST MARCH - 2020

    LIABILITIES Rs. Rs. ASSETS Rs. Rs.


    CAPITAL ACCOUNT FIXED ASSETS
    Opening Balane 680361.00 Land Account 51975.00
    Add:- Net Profit 389170.00 Furniture & Fixture 76500.00
    Add:- Interest & Other Income 2000.00 Motor Cycle 58202.00
    1071531.00 186677.00
    LESS:- DRAWINGS
    Personal Exp. & E.T.C. 150000.00
    921531.00 CURRENT ASSETS
    Stock in Trade 1000000.00
    SECURED LOAN 500000.00 Sundry Debtors 200000.00
    Loan from Bank 1200000.00

    CURRENT LIABILITIES 30000.00 CASH IN HAND & BANK 64854.00


    Sundry Creditors

    1451531.00 1451531.00
    NANTU MAITY
    TAKLA, KHURSHI, NARAYANGARH, PASCHIM MEDINIPUR
    WEST BENGAL - 721437

    PROJECTED TRADING AND PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH - 2021

    PARTICULARS Rs. PARTICULARS Rs.


    TO OPENING STOCK 1000000.00 BY SALES ACCOUNT 3500000.00
    ,, PURCHASE ACCOUNT 2650000.00
    ,, CARRIAGE IN-WARD 18000.00 ,, CLOSING STOCK 1200000.00

    ,, GROSS PROFIT C/D 1032000.00


    (Transfer to P & L Account)
    4700000.00 4700000.00
    TO ELECTRIC CHARGES 34000.00 BY GROSS PROFIT B/D 1032000.00
    ,, STAFF SALARY & BONUS 480000.00 (Transfer from Trading A/c.)
    ,, BANK CHARGE & INTEREST 60000.00
    ,, TRAVELLING EXPENSES 16000.00
    ,, TELEPHONE CHARGES 6500.00
    ,, PRINTING & STATIONERY 1500.00
    ,, REPAIR & MAINTENANCE 5000.00
    ,, GENERAL EXPENSES 14000.00
    ,, RATES & TAXES 2500.00

    ,, NET PROFIT 412500.00


    (Transfer to Balance Sheet)
    1032000.00 1032000.00

    PROJECTED BALANCE SHEET AS AT 31ST MARCH - 2021

    LIABILITIES Rs. Rs. ASSETS Rs. Rs.


    CAPITAL ACCOUNT FIXED ASSETS
    Opening Balane 921531.00 Land Account 51975.00
    Add:- Net Profit 412500.00 Furniture & Fixture 76500.00
    Add:- Interest & Other Income 5000.00 Motor Cycle 58202.00
    1339031.00 186677.00
    LESS:- DRAWINGS
    Personal Exp. & E.T.C. 180000.00
    1159031.00 CURRENT ASSETS
    Stock in Trade 1200000.00
    SECURED LOAN 500000.00 Sundry Debtors 250000.00
    Loan from Bank 1450000.00

    CURRENT LIABILITIES 20000.00 CASH IN HAND & BANK 42354.00


    Sundry Creditors
    1679031.00 1679031.00

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