Profit & Loss Account

For the year ended 31st March, 2017

2015-16 2016-17 2016-17 2015-16
To Opening Stock 55,273.00 171,700.00 By Sales 875,120.00
" Purchases 503,225.00 807,188.00 " Closing Stock 171,700.00
" Gross Profit c/d 488,322.00 646,542.00 "
1,046,820.00 1,625,430.00 1,046,820.00
To Accounting charges 12,000.00 12,000.00 By Gross Profit b/d 488,322.00
" Audit Fees 27,350.00 30,500.00
" Shop Rent 12,000.00 12,000.00
" Telephone Exps. 37,409.00 28,472.00
" Electricity charges 24,160.00 26,619.00
" Salary & Bonus 72,000.00 84,000.00
" Advertisement 24,650.00 27,500.00
" Trade Licence 1,226.00 1,226.00
" Depreciation 39,338.00 35,738.00
" Interest 35,776.00 32,800.00
" Bank Charges 8,109.00 9,473.00
" Conveyance 41,575.00 42,356.00
" Printing 6,041.45 5,372.00
" Postage 3,544.35 3,443.00
" Staff Welfare 22,725.00 27,523.00
" Travelling 43,864.00 45,375.00
" Net Profit 76,554.20 222,145.00
488,322.00 646,542.00 488,322.00
 Profit & Loss Account
or the year ended 31st March, 2017
2016-17 2016-17
1,412,980.00
212,450.00

1,625,430.00
646,542.00

646,542.00
 for the year ended 31st March, 2017
EXPENSES 2015-16 2016-17 2016-17 INCOMES 2015-16 2016-17 2016-17
Advertisement 13,950.00 14,450.00 Transportation charges 96,81,447.00 1,18,91,738.00
Bank Charges 4,123.00 5,767.00
Books & Periodicals 0.00 3,705.00
Car & Scooter Maintenace 92,386.00 99,618.00
Car Hire Charges 95,000.00 1,10,000.00
Commission 3,24,246.00 4,08,391.00
Computer Maintenance 32,475.00 48,257.00
Consultancy Charges 0.00 6,000.00
Coolie & Cartages 16,751.00 18,752.00
Depreciation 1,21,165.00 1,21,165.00
Directors Salary 1,29,492.00 1,44,000.00
Electricity 46,447.00 49,480.00
General Expenses 57,058.00 65,632.00
Security Charges 66,000.00 66,000.00
Incentive 21,951.00 41,243.00
Insurance Charges 26,394.00 28,976.00
Interest Paid 1,26,242.38 1,31,732.00
Loading & Unloading Charges 4,12,543.00 5,35,753.00
Postage 10,439.00 13,637.00
Printing & Stationery 55,142.00 59,615.00
Rent 88,390.00 95,640.00
Repairs & Maintenance 19,000.00 20,015.00
Salary & Bonus 2,99,321.00 4,30,766.00
Sales Promotion 27,816.00 29,200.00
Staff Welfare 24,977.00 40,626.00
Donation & Subscriptions 13,180.00 19,163.00
Bad Debts Written Off 0.00 7,067.00
Transportation Charges 70,01,348.00 79,00,838.00
Telephone Expenses 2,06,521.00 2,77,334.00
Travelling & Conveyance 72,226.00 1,51,016.00
Warehouse Charges 1,28,191.00 1,37,391.00
Net Profit 1,48,672.62 8,10,509.00

96,81,447.00 1,18,91,738.00 96,81,447.00 1,18,91,738.00

 CPA Ltd.
Balance Sheet as at 31.3.2017
Liabilities 2016-17 2016-17 2016-17 Assets
Share Capital 10,50,000.00 Fixed Assets
Reserve & Surplus 50,000.00 Furniture
Profit & Loss Account 6,48,228.00 17,48,228.00 Computer
Machinery
Secured Loan Land
Loan from Bandhan Bank 50,000.00 Investment
Loan from Director 10,000.00 ITC Share
10% Reliance
Current Liabilities Debenture
Sundry Creditors 1,30,000.00 Current Assets
Outstanding Salary 10,000.00 Sundry Debtors
Outstanding Rent 5,000.00 Stock in Hand
Cash in Hand
SBI

19,53,228.00

CPA Ltd.
Trading & Profit and Loss Account
For the year ended 31st March, 2017
Particulars 2015-16 2016-17 2016-17 Particulars
Opening Stock 51,030.00 1,52,390.00 Net Sales
Net Purchases 4,89,870.00 6,28,970.00 Closing Stock
Carriage Inward 20,800.00 22,500.00
Gross Profit c/d 7,23,670.00 9,28,930.00
12,85,370.00 17,32,790.00

Depreciation 1,05,000.00
Salary 72,000.00 72,000.00 Gross Profit b/d
Rent 60,000.00 60,000.00 Interest Received
Printing & Stationery 10,380.00 12,450.00 Dividend on ITC Shares
Staff welfare 35,980.00 40,289.00
Telephone Exp. 28,790.00 32,130.00
Travelling & Conveyance 45,090.00 52,770.00
Electricity charges 25,674.00 26,781.00
Net profit 3,59,778.00 6,48,228.00
Total 7,42,692.00 9,44,648.00 Total

Additional Information :
1. No change in G.P. Rate and N.P. Rate
2. One dummy employee can be employed with salary of Rs. 5,000 per month. The required proof to be prepared and maintained.
3. Additonal expenses, if required, can be shown, provided suitable explanation for the same is available
4. Additional expenses to be adjusted with Cash in Hand and in case of cash shortage, create dummy cash from your end and change the Balance Sheet a
5. Depreciation is to be charged under Straight Line Method at the following rates:
a Furniture 20%
Computer 20%
 CPA Ltd.
Balance Sheet as at 31.3.2017
2016-17 2016-17 2016-17

2,00,000.00
1,00,000.00
3,00,000.00
5,00,000.00 11,00,000.00

60,000.00
40,000.00 1,00,000.00

2,50,000.00
1,72,000.00
76,500.00
2,54,728.00 7,53,228.00

19,53,228.00

CPA Ltd.
Trading & Profit and Loss Account
For the year ended 31st March, 2017
2015-16 2016-17 2016-17
11,32,980.00 15,60,780.00
1,52,390.00 1,72,010.00

12,85,370.00 17,32,790.00

7,23,670.00 9,28,930.00
7,567.00 7,589.00
11,455.00 8,129.00

7,42,692.00 9,44,648.00

cash shortage, create dummy cash from your end and change the Balance Sheet accordingly.
 DPC & Co.
B 28/5, Karunamoyee , Salt Lake, Kolkata - 700019
Trading and Profit & Loss Account
Dr. For the year ended 31st March, 2017 Cr.
Projected
2016 - 17 2016 - 17 2016 - 17
Particulars Amount (Rs.) Amount (Rs.) Particulars Amount (Rs.)

To, Opening Stock 14,900.00 By, Sales 1,850,762.00

To, Purchases 993,630.00 By, Closing Stock 120,235.00
To, Carriage Inward 9,567.00

To, Gross Profit c/d 952,900.00

1,970,997.00 1,970,997.00

To, Audit Fees 32,500.00 By, Gross Profit b/d 952,900.00

To, Bank Charges 2,345.00
To, Books & Periodicals 6,520.00
To, Carriage outward 30,023.00
To, Donation & Subscription 5,000.00
To, Electricity Charges 17,320.00
To, General Expenses 14,565.00
To, Insurance 2,765.00
To, Interest 38,600.00
To, Legal Expenses 7,500.00
To, Printing & Stationeries 25,750.00
To, Rent 36,000.00
To, Salary & Bonus 282,416.00
To, Staff Welfare 12,650.00
To, Taxes & Duties 3,275.00
To, Telephone Charges 24,895.00
To, Travelling & Conveyance 14,562.00
To, Depreciation 1,500.00

To, Net Profit 394,714.00

952,900.00 952,900.00

DPC& Co.
B 28/5, Karunamoyee , Salt Lake, Kolkata - 700019
Balance Sheet as at 31st March, 2017
Liabilities Assets
Projected
2016 - 17 2016 - 17 2016 - 17
Particulars Amount (Rs.) Amount (Rs.) Particulars Amount (Rs.)

Capital A/c Plant & Machinery 1,00,000

As per Last Balance Sheet 200,000.00 Less: Depreciation 1,000 99,000.00
Add : Profit for the year 394,714.00
594,714.00 Furniture & Fixture 50,000
Less: Drawings 120,000.00 Less: Depreciation 500 49,500.00
474,714.00
Investment in Shares
 Term Loan from UBI 260,000.00 of ABC Ltd. 180,000.00
Loan Kotak Finance 143,500.00
Current Assets Loans & Advances:
Current Liabilities: Closing Stock 120,235.00
Sundry Creditors 82,802.00 Sundry Debtors 204,230.83
Outstanding Rent 3,000.00 Staff Advances 55,000.00
Outstanding Audit fees 32,500.00 Cash in Hand 65,733.00
Cash at Bank 222,817.17

996,516.00 996,516.00

Notes:
1 Sales will be increased by 20% in the next year.
2 Salaries will be increased by 10% w.e.f. 1st Jan, 2017
3 In case of need, loan can be arranged @ 18% interest
4 Any Additonal exp.if required can be shown, provided suitable explanation for the same is available.
Cr.
Projected
2016 - 17
Amount (Rs.)
 Projected
2016 - 17
Amount (Rs.)