Balance Sheet in vertical form
Format of the Balance Sheet in vertical form
Balance Sheet of …. As on ……
Particulars | Schedule Number | Figures as at the end of current financial year | Figures as at the end of previous financial 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: (a) Current liabilities (b) Provisions Net Current Assets 4. (a) Miscellaneous expenditure to the extent not written-off or adjusted. (b) Profit and Loss account (debit balance, if any) TOTAL
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Note: A footnote to the Balance Sheet may be added to show the contingent liabilities.
Tags: Balance, Balance sheet, Bank Balance, Creditors, Debtors, Fixed Assets, Loan Funds, Loans, Loss, Profit, Profit & Loss, Sheet, Source of Funds, vertical form
By: Management Duniya
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