Page 349 - DCOM201_ACCOUNTING_FOR_COMPANIES_I

5. Current Liabilities &

Provisions
(1) Claims against the
company not
A. Current Liabilities
acknowledged as
(1) Acceptance
debts.
(2) Sundry Creditors
(2) Uncalled liabilities
(3) Advances payments
on shares partly paid
& unexpired
up
discounts for the
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 5. Profit and Loss A/c.
capital account and
B. Provisions not provided for
(1) Provisions for (5) Other money for
taxation which company is
Accounting for Companies-I (2) Proposed Dividends, contingently liable.
(3) For Contingencies
(4) For Provident Fund
scheme
Notes (5) Fire Insurance,
Pension and similar
staff benefits scheme
(6) Other Provisions
[A footnote to the
balance sheet may be
added to show
separately]
Form of Balance Sheet
(Vertical Form)
Balance Sheet of …………….Company
(As on…………………..)
Figures as at Figures as at
Schedule
Particulars the end of the the end of the
No.
Current Year Previous Year
1 2 3 4
1. Sources of Funds
(1) Share holders funds
(a) Capital
(b) Reserves and Surplus
(2) Loan Funds
(a) Secured Loans
(b) Unsecured Loans
Total
2. Application of Funds
(1) Fixed Assets.
(a) Gross Block
(b) Less Depreciation
(c) Net Block
(d) Capital work in progress
(2) Investments
(3) Current Assets, Loans and Advances
(a) Inventories
(b) Sundry Debtors
(c) Cash and Bank Balance
(d) Other current Assets
(e) Loans and Advances
Less: current liabilities provisions
(a) Liabilities
(b) Provisions
Net Current Assets
(4) (a) Miscellaneous Expenditure to the extent
not written off or adjusted.
(b) Profit and Loss Account
Total

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