Pizzanut as on April 30

Equities and liabilities Assets

Equity 105000 Cash
RE -53902.777778 Registration Charges
Lease Deposit
Loan 75000 Ovan
Notes payables 45000 Other Fruniture
Payables 40000 Inventory
Outsanding Salary 35000 Equipment
Defered Revenue 20000 Van

266097.22222

Pizzanut as on May 31
Equities and liabilities Assets
Equity 105000 Cash
RE -11605.555556 Registration Charges
Lease Deposit
Loan 75000 Ovan
Notes payables 0 Other Fruniture
Payables 0 Inventory
Outsanding Salary 35000 Equipment
Defered Revenue 15000 Van
218394.44444
 Income Statement for April
Assets Interest Paid -750
44750 Rent Paid -15000
4958.3333333 Delivery Boy's Salary -5500
40000 Vishi'sSalary -35000
35000 Sales 12000
12000 COGS -2500
45500 Utility Bill -6000
45000 Depreciation -1111.11111111111
38888.888889 Registration Expense -41.6666666666667

266097.22222 Net Profit -53902.7777777778

Income Statement for May

Interest Paid -750
23500 Rent Paid -15000
4916.6666667 Delivery Boy's Salary -5500
40000 Vishi'sSalary -35000
35000 Sales 140000
12000 COGS -25300
20200 Utility Bill -15000
45000 Depreciation -1111.11111111111
37777.777778 Registration Expense -41.6666666666667
218394.44444 Net Profit 42297.2222222222
41.666667
1111.1111
 Money Care as on August 31
Equity and Liabilities
Equity Capital ₹ 100,000.00
Retruned Earnings ₹ 29,260.00

Loan ₹ 20,000.00

Deferred revenues ₹ 9,000.00

₹ 158,260.00

sarthbabu@imthyderabad.edu.in

MoneyCare as on 31 Augut 2023

Equity and Liabiliies
Equity; 10000 shares @ rs 10 100000
RE 29260

Loan 20000
Deferred revenue 9000

158260

Book value of Equity 12.926

e as on August 31
Assets
Cash ₹ 39,760.00
Landlord deposits ₹ 70,000.00
Trades Receivable ₹ 46,700.00
Interest Earned
Office Stock ₹ 1,800.00

₹ 158,260.00

s on 31 Augut 2023
Assets Income Statement for August
Cash 39760 Sales 70800
Interest Income 460
Lease deposit 70000 Computer rent -12000
Prepaid Computer re 0 Database fee -11000
prepaid databasefee 0 Office rent -5000
Receivables 46700 Salary -14000
Office supplies 1800

158260 Net profit 29260

 Income Statement for August
Office rent ₹ -5,000.00
Computer Rent ₹ -12,000.00
Database Charges ₹ -11,000.00
Secretary Salary ₹ -9,000.00
Assistant Salary ₹ -5,000.00
Sales ₹ 70,800.00
Interest Received ₹ 460.00

Net Profit ₹ 29,260.00

 Der rate 10%
SLM WDV
Year Cost Depreciati Acc.DeprecNBV Year Cost
1 1000000 95000 95000 905000 More 1 1000000
2 1000000 95000 190000 810000 Less 2 1000000
3 1000000 95000 285000 715000 Less 3 1000000
4 1000000 95000 380000 620000 Less 4 1000000
5 1000000 95000 475000 525000 Less 5 1000000
6 1000000 95000 570000 430000 Less 6 1000000
7 1000000 95000 665000 335000 Less 7 1000000
8 1000000 95000 760000 240000 Less 8 1000000
9 1000000 95000 855000 145000 Less 9 1000000
10 1000000 95000 950000 50000 Less 10 1000000
 Tax Rate 30%
WDV
Depreciati Acc.DeprecNBV
100000 100000 900000 Less
0 100000 900000 More
0 100000 900000 More
0 100000 900000 More
0 100000 900000 More
0 100000 900000 More
0 100000 900000 More
0 100000 900000 More
0 100000 900000 More
0 100000 900000 More
 Kapoor software B/S as on
Equity and Liabiliies Assets
equity Capital : 6000 shares @ Rs 10 60000 Cash 51850
RE 15400
Loan 11000 Computer 42000
Notes Payables 27000 Supplies 2400
Payables 0 Receivable 27400
Deferred revenue 9800
Outstanding Electricity bill 450

123650 123650

ROI 32.24%
Book value of equity 12.566666667 85000
 Income Statement Cash Flow Statement
Sales 48600 Inflows
Discount received 90 Equity Capital 60000
Rent -2500 Loan From Bank 25000
Interest paid -340 Receipt from customer 21200
Salary -16500 Advance Receipts 9800
COGS/Material consumed -1500
Electricity expense -450

Net profit 27400

Outflows
Net profit 27400 Rent -2500
Divividend -12000 Payment for Computers -15000
Transferred to RE 15400 Payment to vendors -3810
Payment of loan with intere -14340
Salaries -16500
Dividend -12000
Sum 51850
Adj

Adj

Adj
 Cash Flow (Indirect Method)
Cash From Operating Activity
Net Profit ₹ 118,995.00
Non Cash Item Adj
Depriciation ₹ 61,625.00
Amortization ₹ 25,000.00

Non Operating Items Adj

Gain on sale of equipment ₹ -24,250.00
Interest ₹ 58,750.00
Cash flow before changes in working capital ₹ 240,120.00

Changes in Working Capital Adj

Increase in AR ₹ -70,030.00
Increase in inventories ₹ -20,450.00
Increase in Finished Good ₹ -99,680.00
Increase in Prepaid Insurance ₹ -65,000.00
Cash Flow Before taxes ₹ -15,040.00

Increase in Tax Liability ₹ 25,780.00

Cash From Operating Activity ₹ 10,740.00
Cash From Operating Activity
Net Profit Before Tax ₹ 183,925.00
Non Cash Item
Depriciation ₹ 61,625.00
Amortization ₹ 25,000.00

Non Operating Items

Gain on sale of equipment ₹ -24,250.00
Interest ₹ 58,750.00
Cash flow before changes in working capital ₹ 305,050.00

Changes in Working Capital

Increase in AR ₹ -70,030.00
Increase in inventories ₹ -20,450.00
Increase in Finished Good ₹ -99,680.00
Increase in Prepaid Insurance ₹ -65,000.00
Cash Flow Before taxes ₹ 49,890.00

Tax Paid ₹ -39,150.00

Cash From Operating Activity ₹ 10,740.00

Investing Activity
Purchase of Land & Building -425000
Sale of Old Machines 215500
Purchase of New Machine -520000
Cash From Investing Activity -729500
Financing Activity
Interest Paid -58750
Stock Repurchase -26000
Short Term Debt 200000
Long Term Debt 510000
Dividend -10000
Cash From Financing Activity 615250
Net Cash Flow ₹ -103,510.00
 Fete Company Balance Sheet as on 28 February 2023
Equity and Liabilities Assets
Equity 14000 Cash 16000
RE 11200

Payable 300 Ofiice Equipment 6000

Ofiice Suplies 700
Accounts Receivable 2800

25500 25500

Fete Company Balance Sheet as on 31 March 2023

Equity and Liabilities Assets
Equity 14000 Cash -10000
RE 14400

Ofiice Equipment 18000

Payables 200 Ofiice Suplies 1400
Accounts Receivable 19200

28600 28600
 Income Statement for February 2023 Cash Flow Statement
Sales 18600 Inflows
Equity
Office Supplies Used -800 Sales in Cash
Naik's Salary -6000 Payment from Custom
Office Rent -600

Outflows
Office Equipment
Payable
Naik's Salary
Office rent

Net Profit 11200 Sum

Income Statement for March 2023 Cash Flow Statement March 2023
Sales 18300 Inflows

Office Supplies Used -2300 Sales in Cash

Naik's Salary -6000 Payment from Februar
Assistant Salary -6200
Office Rent -600
Outflows
Office Equipment
Payable
Naik's Salary
Assistant Salary
Office rent
Net Profit 3200 Sum

Net profit 3200

Divividend -1900
Transferred to RE 1300
Cash Flow Statement
Inflows
14000
9000
6800

-6000
-1200
-6000
-600

16000

low Statement March 2023

Inflows

1900

-12000
-3100
-6000
-6200
-600
-26000
 Girdharilal Ltd - Trial Balanace
Particulars Debit Credit
Revenue 300000
Inventory at 1 May 2010 20000
Purchase 113000
Sales office salaries 57000
Selling expenses 39000
General office wages 32000
Other general expenses 35000
Warehouse machinery at cost 70000
Provision for depreciation of warehouse machinery 30000
Office machinery at cost 42000
Provisions for depreciation of office machinery 20000
Trade receivables 38000
Balance at bank 28000
Trade payables 11000
10% debentures 2017/18 5000
50,000 ordinary shares of $1 50000
10,000 6% Non-redeemable preference shares of $1 10000
Share Premium account 15000
General Reserve 25000
Retained earnings 8000
Total 474000 474000

Further information
1 Inventory at 31 May 2011 was valued at $31 000. 31000
2 Depreciation for the year is to be provided as followed.
Warehouse machinery $8000; 8000
Office machinery $10 000. 10000
3 $10 000 is to be transferred to the General Reserve 10000
 Bala
Income Statement Equity and Liabilities
Sales 300000 Equity
50,000 ordinary shares of $1
Expenses Retained earnings
COGS 102000 General Reserve
Sales office salaries 57000 Share Premium account
Selling expenses 39000 10,000 6% Non-redeemable preference shares of
General office wages 32000
Other general expenses 35000 Non Current Liabilities
EBITDA 35000 10% debentures 2017/18
Depreciation on Warehouse Machines 8000
Depreciation on Office Machines 10000 Current Liabilities
EBIT 17000 Trade receivables
Interest -
Tax -

Net Profit 17,000

RE Reconciliations
Opening balance of RE 8000
PAT 17,000
Preference dividend -600
Transferred to general reserve -10000
Closing Balance of RE 14400
 Balance Sheet
y and Liabilities Assets
Non Current Assets
50000 Warehouse machinery at cost 70000
14400 Less: Provision for depreciation o 38000 32000
35000 Office machinery at cost 42000
15000 Less:Provisions for depreciation of 30000 12000
ble preference shares of 10000

5000 Current Assets

Balance at bank 27400
Trade receivables 38000
11000 Closing Inventory 31000

140400 140400
 Kapoor Company (A) Balance Sheet
Assets Jun-01 Jun-30
Non-Current Assets
Building 585000 585000
Less: Acc.Dep 156000 429000 157950 427050
Equipment at cost 13260 36660
Less: Acc.Dep 5304 7956 5928 30732
Land 89700 89700
Other non-CA 4857 5265

Current Assets
Cash 34983 66660
Accounts Receivable 21798 26505
Mechandise Inventory 29835 26520
Notes receivable 11700 0
Prepaid insurance 3150 2826
Supplies on hand 5559 6630

638538 681888
r Company (A) Balance Sheet
Equity and Liabilities Jun-01 Jun-30
Shareholders funds
Capital Stock (Equity) 390000 390000
Retained Earnings 221511 229446

Non-Current Liabilities
Bank Notes Payable 8385 29250
Other non-CL 2451 2451

Current Liabilities
Acccounts Payable 8517 21315
Accrued Wages 1974 2202
Tax payable 5700 7224

638538 681888
 Income Statement for June
Sales ( Cash + Credit) 70925 Wn:1 Workings :1 Credit Sales
COGS -39345
Insurance -324 Workings :2 Op. Inv + total Purchases = COGS + C
Supplies consumed -600 Op.A/P + Credit Purchases = Cash Pa
Wages expense -5888 WN:3
utiliyies paid -900
Mis Celleneous Ex -135 Working : 3 Op.Supplies + Purchases of supplies
EBITDA 23733
Depreciation on Buildings -1950 Working 4 op outsanding salary+salary expense
Depreciation on Equipment -624 WN:2
EBIT 21,159
Interest 0 66218
EBT 21,159
Tax -1524
Net Profit (EAT/PAT) 19,635

RE Reconciliation
Opening RE 221511
PAT 19,635
241146
Dividend -11700
Closing RE 229446
 Op.A/R + Credit sales = Cash receipt + Cl A/R

p. Inv + total Purchases = COGS + Cl.Invt

p.A/P + Credit Purchases = Cash Paid + Cl.AP

p.Supplies + Purchases of supplies = supplies consumed + cl Supplies

outsanding salary+salary expense=salary paid+cl outstanding salary

70925
 Pathan Corporation
2009
Beginning 1840 20.00 36800
Purchase 600 20.25 12150
800 21.00 16800
400 21.25 8500
200 21.50 4300
Sales 2820 34.00 95880
2009
2010
Beginning 1020
Purchases 700 21.50 15050
700 21.50 15050
700 22.00 15400
1000 22.25 22250
Sales 3080 35.75
2011
Begnnig balance 1040
Purchase 1000 22.50 22500
700 22.75 15925
700 23.00 16100
700 23.50 16450
Sales 2950 35.75 105462.5
2010

COGS=Total Invetory-Closing Stock

2011
 FIFO LIFO
No. Of Boxes Price Per Unit Total Price No. Of Boxes Price Per Unit Total Price
Total Availaible Stock For sal 3840 78550 Total Availaible Stock 3840 78550
1840 20 36800 200 21.5 4300
600 20.25 12150 400 21.25 8500
380 21 7980 800 21 16800
COGS 56930 600 20.25 12150
Sales 95880 820 20 16400
Profit 38950 COGS 58150
Closing Stock Sales 95880
420 21 8820 Proit 37730
400 21.25 8500 Closing Stock 1020 20400
200 21.5 4300
1020 21620
Opening Stock Opening Stock 1020 20400
Total Availaible Stock For sal 4120 89370 Total Availaible Stock 4120 88150
420 21 8820 1000 22.25 22250
400 21.25 8500 700 22 15400
200 21.5 4300 700 21.5 15050
700 21.5 15050 680 21.5 14620
700 21.5 15050 COGS 67320
660 22 14520 Sales 110110
COGS 66240 Profit 42790
Sales 110110 Closing Stock 20830
Profit 43870 20 21.5 430
Closing Stock 1040 23130 1020 20 20400
40 22 880
1000 22.25 22250
Total Availaible Stock For sales 94105 Opening Stock 1040 20830
Opening Stock 1040 23130 Total Availaible Stock 4140 91805
40 22 880 700 23.5 16450
1000 22.25 22250 700 23 16100
1000 22.5 22500 700 22.75 15925
700 22.75 15925 850 22.5 19125
210 23 4830 COGS 67600
COGS 66385 Sales 105462.5
Sales 105462.5 Profit 37862.5
Profit 39077.5 Closing Stock 1190 24200
Closing Stock 1190 27720 150 22.5 3375
490 23 11270 1020 20 20400
700 23.5 16450 20 21.25 425

1190 22.5
400 25
 50 25

1200
50
440 400
750
 WAC Summary Table
No. Of Boxes Price Per Unit Total Price FIFO LIFO
1840 20.00 36800 2009 COGS 56930 58150
600 20.25 12150 Closing Stock 21620 20400
800 21.00 16800 2010 COGS 66240 67320
400 21.25 8500 Closing Stock 23130 20830
200 21.50 4300 2011 COGS 66385 67600
3840 78550 Closing Stock 27720 24200
WAC 20.45572916667
COGS
2820 20.4557291667 57685.15625
Sales 95880
Profit 38194.84375
Closing Stock 1020 20864.84375
Opening Stock 1020 20864.84375
700 21.50 15050
700 21.50 15050
700 22.00 15400
1000 22.25 22250
4120 88614.84375
WAC 21.50845722087
COGS
3080 21.5084572209 66246.04824029
Sales 110110
Profit 110110
Closing Stock 1040 22368.79550971

Opening Stock
1040 21.5084572209 22368.79550971
1000 22.50 22500
700 22.75 15925
700 23.00 16100
700 23.50 16450
4140 93343.79550971
WAC 22.54681050959
COGS
2950 22.5468105096 66513.09100329
Sales 105462.5
Profit 38949.40899671
Closing Stock 1190 26830.70450641
WAC
57685.16
20864.84
66246.05
22368.8
66513.09 1215
26830.7 3520
 Balance Sheets
Assets 31-Dec-21 31-Dec-22
CA
Cash 75000 224000
Raw Materials 72000 65000
Acounts receivables 45000 39000
Prepaid Insurance 15000 12000
NCA
Land 90000 60000
Plants & Machinery 140000 70000

Less: Acc.Dep 20000 120000 13000 57000

Vehicle - 67000

Total 417000 524000

63000
 Balance Sheets
Equity and Liabilities 31-Dec-21 31-Dec-22
CL
Accounts Payable 40000 30000
Outstanding salary 6000 5000
Tax Payable - 6000
NCL
Debentures 120000 120000
Notes payable - 50000
Shareholders' funds

Common stock
(Share capital : Each share Rs 10 FaceValue) 140000 200000
Retained Earnings 111000 113000

Total 417000 524000

CFS Income Statement
Opening Cash 75000 Sales 147000
Receipts Gain on Sales P&M 5000
Cash Sales 75000 Gain on sale of Land 4000
Receipts from Customer 78000 Expenses
Issue of common stock 60000 COGS 55000
Sale of Land 34000 Insurance written -off 3000
Sale of P & M 68000 Salary 24000
Other expenes 30000
Payments EBITDA 44000

Salary paid 25000 Depreciation 0

Payment to A/P 32000 EBIT 44000
Purchase of materials 26000 interest on debentures 18000
Other expenses 30000 EBT 26000
Interest on debentures 18000 Tax 6000
Paid for Vehicle 17000 Net Profit 20000
Dividend 18000
RE Reconciliation
224000 OP. RE 111000
PAT 20000
Dividend -18000
Closing RE 113000
If you assume total depreciation is Rs 10,000 on the sold P&M
147000
8000
4000

55000
3000
24000
30000
47000

3000
44000
18000
26000
6000
20000