Rachappa Shette

Balance shee
S.No. Transactions Assets
Cash&Bank ReceivableInventory Plant
1 Issue of equity shares Rs 5000
2 Short-term borrowings from bank Rs 2000
3 Long-term borrowings from bank Rs 1000
4 Purchase of land for Rs 1000 cash
5 Purchase of buidling for Rs 1500 cash
6 Purchase of patents for Rs 500 cash
7 Purchase of invnetory on credit for Rs 10000
8 Payment of Rs 2000 cash to supplier
9 Replayment of principle loan amount Rs 500
10
11
12
13
14
On 31 March 2022: Net balance 0 0 0 0

Balance sheet of IRS Online Ltd as on 31 March 2020

Amount
Assets:
Current Assets:
Cash & Bank 0
Receivables 0
Inventory 0
Non-current Assets:
Plant 0
Building 0
Land 0
Patents 0
Total Assets 0
Liabilities & Equity
Equity:
Equity Capital 0
Other Equity 0
Non-current Liabilities:
L.T. Loans 0
Current Liabilities:
S.T. Loans 0
Payables 0
Total of Liabilities and Equity 0
Statemento of Profit and Loss for the -- period ended 31 March 2020
Amount
Income:
Sales Revenue
Other income
Total income (A) 0
Expenses:
Salaries expense
SGA expense
Cost of goods sold (used)
Total Expenses (B) 0
Profit (A-B) 0
 BRE+Profit-Dividend
Balance sheet of IRS Online limited
Assets Liabilities and Equity
Building Land Patents Payables ST Loans LT Loans and PEquity CapiOther Equity (Beg RE+Rev-Exp-Div)

0 0 0 0 0 0 0 0

0 0
+Rev-Exp-Div)
 Rachappa Shette
Balance shee
S.No. Transactions Assets
Cash&Bank ReceivableInventory Plant
1 Issue of equity shares Rs 5000
2 Short-term borrowings from bank Rs 2000
3 Long-term borrowings from bank Rs 1000
4 Purchase of land for Rs 1000 cash
5 Purchase of buidling for Rs 1500 cash
6 Purchase of patents for Rs 500 cash
7 Purchase of invnetory on credit for Rs 10000
8 Payment of Rs 2000 cash to supplier
9 Replayment of principle loan amount Rs 500
10
11
12
13
14
On 31 March 2022: Net balance 0 0 0 0

Balance sheet of IRS Online Ltd as on 31 March 2020

Amount
Assets:
Current Assets:
Cash & Bank 0
Receivables 0
Inventory 0
Non-current Assets:
Plant 0
Building 0
Land 0
Patents 0
Total Assets 0
Liabilities & Equity
Equity:
Equity Capital 0
Other Equity 0
Non-current Liabilities:
L.T. Loans 0
Current Liabilities:
S.T. Loans 0
Payables 0
Total of Liabilities and Equity 0
Statemento of Profit and Loss for the -- period ended 31 March 2020
Amount
Income:
Sales Revenue
Other income
Total income (A) 0
Expenses:
Salaries expense
SGA expense
Cost of goods sold (used)
Total Expenses (B) 0
Profit (A-B) 0
 BRE+Profit-Dividend
Balance sheet of IRS Online limited
Assets Liabilities and Equity
Building Land Patents Payables ST Loans LT Loans and PEquity CapiOther Equity (Beg RE+Rev-Exp-Div)

0 0 0 0 0 0 0 0

0 0
+Rev-Exp-Div)