Beruflich Dokumente
Kultur Dokumente
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Assets = Liability
Depreciation 1500
Stockholders' Equity
Liability +
Retained Earnings
Common
Trade Stock
+ Revenue -− Expenses
Payable
30000
40000
7000
-1700
-3000
-3000
-33000
5500
-200
-1500
5500 30000 47000 -42400
102500 102500
Supplies Exp Account 1700
Depreciation Account 1500
Interest on Loan Account 200
6400 6400
Adjustments
1. Closing stock of inventory is 4200
2. The depreciation on Equipment to be charged Rs. 1500
3. Interest on Loan Due @ 6% p.a = Rs. 200
4. Rent of July to be adjusted with prepaid rent Rs. 3000
Adjusted Trial Balance Income Statement Balance Sheet
Debits Credits Debits Credits Assets (Debits)
6600 6600
30000
20200
4200 4200
36500 36500
6000 6000
47000 47000
7000 7000
5500
33000 33000
6000 6000
1700 1700
1500 1500
200 200
102700 102700
30000
20200
5500
4600
60300
Income Statement for the period ended 31st, August, 2004
Revenue Rs.
Revenue from Operations 47000
Other Income 0
Total Income 47000
Expenses
Cost of Materials Consumed 1700
Power and Fuel 0
Employee Benefits and Expenses 33000
Finance Cost 200
Depreciation and Amortization 1500
Other Expenses (Rent) 6000
Total Expenses 42400
Profit Before Tax 4600
Less: Tax 0
Profit for the Period 4600
Balance Sheet as at 31st, August, 2004
Assets
Non-current Assets Rs.
Property, Plant & Equipment 36500
Capital Work-in-Progress 0
Intangible Assets 0
Assets under Development 0
Financial Assets
Investments 0
Loans 0
Others 0
Current Assets
Inventories 4200
Financial Assets
Investments 0
Trade Receivables 7000
Cash and Cash Equivalence 6600
Bank Balance other than Cash 0
Loans 0
Others (Prepaid Rent) 6000
Total Assets 60300
Equity and Liabilities
Equity
Equity Share Capital 30000
Other Equity (Reserves & Surplus) 4600
Liabilities
Non-current Liabilities
Borrowings 20200
Provisions 0
Others 0
Current Liabilities
Borrowings 0
Trade Payables 5500
Short Term Provisions 0
Others 0
Total Liability & Equity 60300
Cash Flow Statement for the period ended 31st, August, 2004 Balance Sheet
Cash Flow from Operating Activity Rs. Rs. Assets
Received from Clients 40000 Non-current Assets
Purchased Supplies -900
Paid Rent -6000
Payment for Salaries -33000 100
Liabilities
Balance Sheet as at 31st, August, 2004 Income Statement for the period ended 31st, August, 200
Revenue Rs.
Non-current Assets Rs. Revenue from Operations 47000
Property, Plant & Equipment 36500 Other Income 0
Capital Work-in-Progress 0 Total Income 47000
Intangible Assets 0 Expenses
Assets under Development 0 Cost of Materials Consumed 1700
Financial Assets Power and Fuel 0
Investments 0 Employee Benefits and Expenses 33000
Loans 0 Finance Cost 200
Others 0 Depreciation and Amortization 1500
Current Assets Other Expenses (Rent) 6000
Inventories 4200 Total Expenses 42400
Non-current Liabilities
Borrowings 20200
Provisions 0
Others 0
Current Liabilities
Borrowings 0
Trade Payables 5500
Short Term Provisions 0
Others 0
Total Liability & Equity 60300
e period ended 31st, August, 2004