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    The balance sheet shows the company's assets, liabilities, and equity for the first three years of operations. Total current assets increased each year from Rs. 500,000 to Rs. 12,931,529 as cash and bank balance grew substantially. Fixed assets such as machinery, shop, and office fixtures declined slightly each year due to depreciation. Owner's equity increased significantly each year along with profits as total assets and liabilities also rose annually.

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    The balance sheet shows the company's assets, liabilities, and equity for the first three years of operations. Total current assets increased each year from Rs. 500,000 to Rs. 12,931,529 as cash and bank balance grew substantially. Fixed assets such as machinery, shop, and office fixtures declined slightly each year due to depreciation. Owner's equity increased significantly each year along with profits as total assets and liabilities also rose annually.

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    Download as XLSX, PDF, TXT or read online from Scribd
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    8 views1 page

    Cash Flow

    Uploaded by

    aftab_sweet3024
    The balance sheet shows the company's assets, liabilities, and equity for the first three years of operations. Total current assets increased each year from Rs. 500,000 to Rs. 12,931,529 as cash and bank balance grew substantially. Fixed assets such as machinery, shop, and office fixtures declined slightly each year due to depreciation. Owner's equity increased significantly each year along with profits as total assets and liabilities also rose annually.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
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    Download as xlsx, pdf, or txt
    of 1

    ALANCE SHEET FOR THE FIRST THREE YEARS (Rs.

    Year 0 Year 1 Year 2 Year 3

    Assets

    Current Assets
    Cash & Bank Balance 500,000 3,779,523 7,894,794 12931529

    Total Current Assets 500,000 3,779,523 7,894,794 12,931,529

    Fixed Assets
    Machinery 600,000 540,000 480,000 420,000
    Shop 1,000,000 900,004 800,000 700,000
    Office Fixtures 450,000 405,000 360,000 315,000

    Total Fixed Assets 2,050,000 1,845,004 1,640,000 1,435,000

    Preliminary Expenses 50,000 40,000 30,000 20,000

    Total Assets 2,600,000 5,664,531 9,564,794 14,386,529

    Owner's Equity 1,300,000 4,551,968 8,632,114 13,589,318


    Long Term Liability 1,300,000 1,112,563 932,680 797,211

    Total Equity & Liability 2,600,000 5,664,531 9,564,794 14,386,529

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