Scribd Logo
Upload

Welcome to Scribd!

  • 32 views

    Membership Fees 147000 Sponsorship During Tourn 113600: Revenues Assets

    Uploaded by

    JAY BHAVIN SHETH (B14EE014)
    The income statement for SKZ academy for the year 2018-2019 shows total revenues of Rs. 332,900 and total expenses of Rs. 260,375 resulting in a net profit of Rs. 41,525. The balance sheet as of March 31, 2019 lists total assets of Rs. 363,305 including cash, marketable securities, land, buildings, and equipment. Total liabilities are Rs. 363,305 including long-term bonds, bank loans, salaries and taxes payable. The statement of cash flows shows a net cash flow from operating activities of Rs. 55,200 primarily from profit before tax adjusted for non-cash expenses and changes in working capital.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content

    You might also like

    Membership Fees 147000 Sponsorship During Tourn 113600: Revenues Assets

    Uploaded by

    JAY BHAVIN SHETH (B14EE014)
    32 views4 pages
    The income statement for SKZ academy for the year 2018-2019 shows total revenues of Rs. 332,900 and total expenses of Rs. 260,375 resulting in a net profit of Rs. 41,525. The balance sheet as of March 31, 2019 lists total assets of Rs. 363,305 including cash, marketable securities, land, buildings, and equipment. Total liabilities are Rs. 363,305 including long-term bonds, bank loans, salaries and taxes payable. The statement of cash flows shows a net cash flow from operating activities of Rs. 55,200 primarily from profit before tax adjusted for non-cash expenses and changes in working capital.

    Original Description:

    Original Title

    rough work

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The income statement for SKZ academy for the year 2018-2019 shows total revenues of Rs. 332,900 and total expenses of Rs. 260,375 resulting in a net profit of Rs. 41,525. The balance sheet as of March 31, 2019 lists total assets of Rs. 363,305 including cash, marketable securities, land, buildings, and equipment. Total liabilities are Rs. 363,305 including long-term bonds, bank loans, salaries and taxes payable. The statement of cash flows shows a net cash flow from operating activities of Rs. 55,200 primarily from profit before tax adjusted for non-cash expenses and changes in working capital.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    32 views4 pages

    Membership Fees 147000 Sponsorship During Tourn 113600: Revenues Assets

    Uploaded by

    JAY BHAVIN SHETH (B14EE014)
    The income statement for SKZ academy for the year 2018-2019 shows total revenues of Rs. 332,900 and total expenses of Rs. 260,375 resulting in a net profit of Rs. 41,525. The balance sheet as of March 31, 2019 lists total assets of Rs. 363,305 including cash, marketable securities, land, buildings, and equipment. Total liabilities are Rs. 363,305 including long-term bonds, bank loans, salaries and taxes payable. The statement of cash flows shows a net cash flow from operating activities of Rs. 55,200 primarily from profit before tax adjusted for non-cash expenses and changes in working capital.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as xlsx, pdf, or txt
    of 4

    Income Statement for SKZ academy yr 18-19 Balance Sheet for SKZ academy yr 31st march

    revenues Assets
    membership fees 147000 cash 145030
    sponsorship during tourn 113600 tax from TDS 3000
    rental income from stadi 30000 marketable sec 25000
    team fees for tournament 32000 A/c receivable 8000
    unrealised gain on sale of 5000 prov for d/d -800
    gain on sale of mutual fun 5000 pre-paid rent 4000
    gain on vehicle sale 300 consumables 800
    land 15000
    total in come 332900 adv tax 24000
    buildnig 135000
    expenses capital wip 15000
    salaries to coaches -102000 depreciation e -30375
    tournament expenses -50000 vehicles 6000
    advertising -12000 depreciation e -750
    consumables -24400 sports equipm 48000
    rent -35000 depreciation e -33600
    directors fee -10000
    bad debt expense -1000 363305
    interest paid on bonds -3250
    interest expense on sbi -3600
    interest payable to SBI -900
    depreciation on old vehicl -500
    retirement benefits -1000
    depreciation on buildings -6375 statement of cash flows
    depreciation on new vehic -750 CFO
    depreciation on sports eq -9600 PBT 72525
    total expenses -260375 adj non cash exp
    add depre 17225
    tax paid last year -1000 retirement 1000
    tax payable -30000 bad debt 1000
    Net profit 41525
    other head items
    securities -5000
    profit from mf -5000
    profit from veh -300
    interest 7750
    WC changes
    A/R net 3200
    consumables 400
    prepaid rent -1000
    sponsorship -13600
    salary 2000
    Tax net of ref -25000

    CFO 55200
    t for SKZ academy yr 31st march 2019 Balance Sheet as on 01/04/2018
    Liabilities Equity and Liabilities Amount Assets
    salary paya 8000
    interest pa 900 Equity Non-Current Assets
    tax payabl 30000 Capital 42000 Land
    Dividend p 16800 P/L Balance 74000 Building: Gross
    DDT payab 1680 Less: Depr
    retirement 7000 Non-Current Liabilities Sports Eq: Gross
    10% bonds 35000 10% Bonds 30000 Less: Depr
    12% sbi lo 30000 12% SBI Loan 40000 Vehicles: Gross
    Provision for retirement 6000 Less: Depr
    Equity Capital WIP
    Capital 42000 Investment in eq MF
    share FV 20000 Current Liabilities Current Assets
    sahre pre 80000 Interest accrued on SBI loans 1200 Accounts Rec.
    less issue -500 Provision for tax 2017-18 9000 Less: prov for dd
    PnL balanc 92425 Advance sponsorship 13600 Consumables
    Dividend payable 12600 Adv tax (2017-18)
    DDT payable 1260 Prepaid rent
    363305 Salary payable 6000 Marketable securiti
    Cash

    Total 235660 Total

    CFI CFF
    sale of sec 15000 bpnd -3250
    purchase o -20000 loan -4800
    sale of veh 1800 principal -10000
    purchase of -6000 shares 100000
    sale of eq 30000 issue exp -500
    capital WIP -10000 dividends -16800
    ddt -1680

    CFI 10800 cff 62970


    cash /ob 16060
    cf 128970
    c/b 145030
    /2018
    Amount

    rent Assets
    10000
    120000
    -24000
    48000
    -24000
    4000
    -2000
    20000
    25000

    12000
    -600
    1200
    12000
    3000
    15000
    16060

    235660

    You might also like