Page 147 - DCOM205_ACCOUNTING_FOR_COMPANIES_II

Accounting for Companies – II

notes format of the Balance sheet in vertical form
Balance sheet of ..... as on .....

particulars schedule figures figures
number as at as at
the end of the end of
current previous
financial financial
year year
I. Source of Funds:
1. Shareholder’s Funds:
(a) Share capital
(b) Reserves and Surplus
2. Loan Funds:
(a) Secured loans
(b) Unsecured loans
Total (Capital Employed)
II. 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 Balances
(d) Other Current Assets
(e) Loans and Advances
Less: Current Liabilities and Provisions:
4. (a) Current liabilities
(b) Provisions
Net Current Assets
(a) Miscellaneous expenditure to the extent not
written-off or adjusted.
(b) Profit and Loss account (debit balance, if
any)
TOTAL

Notes A footnote to the Balance Sheet may be added to show the contingent
liabilities.

Illustration 1
A commercial bank has the following capital funds and assets. Segregate the capital funds
into Tier I and Tier II capital, Find out the risk-adjusted asset and risk weighted asset and risk
weighted assets ratio:

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