Book 6

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Balancee sheet

as at 31st
Amount(RS)
I. Equity & Liabilities

Share capital 40000


Retained earning 2630
Less: Dividends -2000

Other liabilties

Non current liabilties

Current liabilities
Trade payables 1600
Unearned revenue 2100
Less: earned -460
Outstanding salaries 490
Outstanding cleaning 240
Tax payable 300

Total libilties 44900

II. Assets

Non-Current assets
Office equipment 10000
Accumulated dep -1000
Dep of this year -1000

Current assets
Office supplies 930
Cash 5600
Accrued income 370

Total Assets 14900

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