Scribd
Upload
33 views1 page

Naresh 2

The document contains projected profit and loss and balance sheet statements for Naresh for the year ending March 2024. It projects total sales of Rs. 1,500,000 with a gross profit of Rs. 641,549. It projects expenses of Rs. 152,549 resulting in a net profit of Rs. 489,000. The projected balance sheet shows total assets of Rs. 1,016,850 consisting of fixed assets of Rs. 42,810 and current assets of Rs. 974,039 against total liabilities of Rs. 1,016,850 including a proprietor's capital of Rs. 908,350 and current liabilities of Rs. 8,500.

Uploaded by

anubly2
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
33 views1 page

Naresh 2

The document contains projected profit and loss and balance sheet statements for Naresh for the year ending March 2024. It projects total sales of Rs. 1,500,000 with a gross profit of Rs. 641,549. It projects expenses of Rs. 152,549 resulting in a net profit of Rs. 489,000. The projected balance sheet shows total assets of Rs. 1,016,850 consisting of fixed assets of Rs. 42,810 and current assets of Rs. 974,039 against total liabilities of Rs. 1,016,850 including a proprietor's capital of Rs. 908,350 and current liabilities of Rs. 8,500.

Uploaded by

anubly2
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 1

NARESH

ADD: VILLAGE-PAKHURNI, POST-CHATHIA, Bareilly, 243203


PROJECTED TRADING AND PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31.03.2024

PARTICULARS AMOUNT PARTICULARS AMOUNT

To Opening Stock 275,740.00 By Sales 1,500,000.00


To Purchase 881,365.00 By Closing Stock 298,654.00
To Gross Profit c/d 641,549.00

TOTAL 1,798,654.00 TOTAL 1,798,654.00

To Salary 95,000.00 By Gross Profit b/d 641,549.00


To Printing & Stationery 4,500.00
To Telephone & Mobile Charges 9,000.00
To Travelling & Conveyance 15,000.00
To Bank Intt & Charges 12,000.00
To Staff Welfare Exp. 8,900.00
To Depreciation 4,756.73
To Misc. Expenses 3,392.27
To Net Profit 489,000.00

TOTAL 641,549.00 TOTAL 641,549.00

PROJECTED BALANCE SHEET AS ON 31.03. 2024

LIABILITIES AMOUNT ASSETS AMOUNT

Properitor Capital Account: Fixed Assets:

Opening Balance 817,350.00 Furniture & Fixtures 47,567.25


Add: Net Profit 489,000.00 Less: Dep. @10% 4,756.73 42,810.53
Total 1,306,350.00
Less: Drawings 398,000.00 908,350.00 Current Assets:
Closing Stock 298,654.00
Secured Loan Debtors 667,345.00
CC Limit 100,000.00 Cash & Bank Balances 8,040.48 974,039.48

Current Liabilities
Creditors 8,500.01

TOTAL 1,016,850.01 TOTAL 1,016,850.01

Place : Bareilly
Prop.

Current Ratio
9.74

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy