PREPARTION OF BALANCE SHEET

IN THDC .

Submitted by:-
prakash joshi
 Introduction of THDC
 Tehri Dam & Hydro Electric Project had initially been accorded Investment
Clearance by the Planning. The  Commission in June, 1972 for
implementation by the Government of U.P., with an installed generating
capacity of 600 MW. The State Government commenced the construction of
the Project in 1978. THDC, a Joint Venture Corporation of the Govt. of India
and Govt. of U.P., was incorporated as a Limited Company under the
Companies Act,1956, in July’88, to develop, operate and maintain the Tehri
hydro power projects.
 Procedure of preparing balance
sheet
 1. Balance sheet
 2. Profit & Loss account
 3. Grouping of schedules (1-27)
 4. Trail balance

The sequence of preparation starts from trial balance and ends with preparation of
balance sheet for a period.
 Trail balance

Trail balance is a statement of accounts

which is prepared in ledger showing either
balance or total amount of debit and credit
items. It is used to test the arithmetical
accuracy of entries affected.
 Grouping of schedule

Schedules are grouped according to there

nature and are entered in profit & loss
account and balance sheet of the
company
 Schedules
 Capital
 Reserve & surplus
 Deferred revenue on account of advance against depreciation
 Secured loans
 Unsecured loans
 Fixed assets
 Capital work in progress
 Constructed sources & advances
 Investments
 Inventories
 Sundry debtors
 Cash & Bank
 Other Current liabilities
 Loans & advances
 Current liabilities
 Provision
 Contingent liabilities
 Sales
 Provision Return back
 Other income
 Employee Remuneration
 Generation, Administrative & other expenses
 Provisions
 Interest & Finance charges
 Prior Period income/expenditure
 Expenditure during construction
 Notes on accounts
 Profit & loss account
schedule(18-27)

Profit & loss account is an account into

which all gains and losses are collected in
order to ascertain the excess gain over the
losses and vice versa
 BALANCE SHEET
Schedule(1-16)

Balance sheet is a statement which reports

the property values owned by the
enterprise and claims of the creditors and
owners against the properties.
 Conclusion

Preparation of financial statements are

necessary for an organization and external
users. In India a complete set of financial
statements includes balance sheet profit
and loss account schedules and trial
balance.