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Figures Figures Figures Figures
for the for the for the for the
Liabilities Assets
previous Current previous current
year ( ) year ( ) year ( ) year ( )
1. Share Capital 1. Fixed Assets
Accounting for Companies-I
Authorized (1) Goodwill
…………shares of (2) Land
…………each
(3) Buildings
Notes Issued……………….share
(4) Leaseholds
of …………each
(5) Railway Sidings
Subscribed and paid
(6) Plant & Machinery
up……… shares of
(7) Furniture and Fittings
……………each
(8) Development of
Less: Called unpaid
Property
Add: Forfeited shares
(9) Patents, Trade Marks
and Designs
(10) Live Stock
(11) Vehicles etc.
2. Reserves and Surplus 2. Investments
(1) Capital Reserve (1) Investments in Govt.
(2) Capital Redemption or Trust securities
Reserve (2) Investments in
(3) Securities Premium Shares, Debentures
Account and Bonds
(4) Other Reserves (3) Immovable Properties
Less: Debit Balance of (4) Investment in the
P&L Account Capital of Partnership
Firms
(5) Surplus, i.e., Balance
of P&L Account
(6) Proposed additions to
Reserves
(7) Sinking Funds
3. Secured Loans 3. Current Assets, Loans
(1) Debentures and Advances
(2) Loans and Advances A. Current Assets
from Banks (1) Interest accrued on
(3) Loans and advances Investments
from Subsidiaries (2) Stores and spare parts
(4) Other Loans & (3) Loose Tools
Advances (4) Stock in Trade
(5) Work in Progress
(6) Sundry Debtors
(a) Debt outstanding
for a period
exceeding six
months.
(b) Other Debts
Less: Provision
(7) Cash and Bank
Balances
B. Loans & Advances:
(1) Acceptances & Loans
to Subsidiaries
(2) Exchange
(3) Advances recoverable Contd...
for value to be
received by Rates,
Taxes, Insurance etc.
340 LOVELY PROFESSIONAL UNIVERSITY
(4) Balance with Customs,
Port Trust etc.
4. Unsecured Loans 4. Miscellaneous
(1) Fixed Deposit Expenditure
(2) Loans and advances (1) Preliminary
from subsidiaries Expenditure
(3) Short-term Loans & (2) Expenses including
Advances commission and
(a) From Banks brokerage of shares
(b) From Others and debentures
(3) Discount allowed on
issue of shares and
debentures
(4) Interest paid out of
capital during
construction (also
state the rate of
interest)
(5) Development
Expenditure not
adjusted.
(6) Other Items
(specifying nature)
5. Current Liabilities & 5. Profit and Loss A/c.
Provisions (1) Claims against the
A. Current Liabilities company not
(1) Acceptance acknowledged as
(2) Sundry Creditors debts.
(3) Advances payments (2) Uncalled liabilities
& unexpired on shares partly paid
discounts for the up
portion for which (3) Arrears of fixed
value has still to be cumulative
given dividends.
(4) Unclaimed Dividend (4) Estimated amount of
(5) Other liabilities but contracts remaining
not due on Loans to be executed on
(6) Interest Accrued capital account and
B. Provisions not provided for
(1) Provisions for (5) Other money for
taxation which company is
(2) Proposed Dividends, contingently liable.
(3) For Contingencies
(4) For Provident Fund
scheme
(5) Fire Insurance,
Pension and similar
staff benefits scheme
(6) Other Provisions [A
footnote to the
balance sheet may be
added to show
separately]
