Page 348 - DCOM201_ACCOUNTING_FOR_COMPANIES_I

3. Secured Loans
3. Current Assets, Loans

and Advances
(1) Debentures
A. Current Assets
(2) Loans and Advances
(1) Interest accrued on
from Banks
Investments
(3) Loans and advances
(2) Stores and spare parts
from Subsidiaries
(3) Loose Tools
(4) Other Loans &
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: Unit 14: Preparation of Final Accounts
(1) Acceptances & Loans
to Subsidiaries
(2) Exchange
(3) Advances recoverable Notes
for value to be
received by Rates,
Taxes, Insurance etc.
(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,
Contd...
Pension and similar
staff benefits scheme
(6) Other Provisions [A
footnote to the
LOVELY PROFESSIONAL UNIVERSITY 341
balance sheet may be
added to show
separately]