Dr.                                                        Trading Account                                                       Cr.  

Expenses/Losses Amount() Revenues/Gains Amount()
Opening stock

Purchases-Returns

Wages

Wages and Salaries

Carriage inwards

Cartage

Freight inwards

Gas and Fuel

Power and Water

Factory rent and rates

Manufacturing expenses

Dock and Clearing expenses

Import and customs duty

Royalties

Packing expenses

Gross profit (trfd. to Profit and Loss)

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Sales-Returns

Closing Stock

Gross Loss(trfd. to Profit and Loss account)

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Total Total

         

         Dr.                                         Profit and Loss Account                                                          Cr.

Expenses/Losses Amount() Revenues/Gains Amount()
Rent/rates and taxes

Salaries

Printing and stationery

Salaries and wages

Postage and telephone

Office Lighting

Insurance

Legal expenses

Audit fees

Travelling expenses

Trade expenses

General Expenses

Carriage and Freight

Commission

Brokerage

Advertisement

Bad Debts

Export Duty

Packing Expenses

Salesmen’s salaries

Delivery van expenses

Interest on Loan

Discount Allowed

Bank Charges

Rebate allowed

Depreciation

Repairs and renewals

Donations

Charity

Loss On Sale of Fixed assets

Loss by fire

Loss by Theft

Net profit (trfd. to capital account)

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Gross profit b/d

Interest received

Rent received

Discount received

Rebate received

Commission Received

Bad Debts recovered

Apprenticeship Fees

Gain on sale of fixed asset

Net loss(trfd. to capital account)

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Total Total

 

                                                                Balance Sheet

Capital and Liabilities (₹) Assets (₹)
Capital

Add Net profit

Less Drawings

Bank Overdraft

Loans

Creditors

Bills Payable

Outstanding Expenses

 

 

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Goodwill

Land  & Buildings

Plant & Machinery

Furniture

Closing Stock

Prepaid Expenses

Debtors

Short Term Investments

Bills Receivables

Cash in hand

Cash at Bank

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Total Total

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