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    Rajesh Mahalingam
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    Suresh Kumar's balance sheet as of March 31, 2023 shows total assets of Rs. 21,44,549.65 equal to total liabilities. His assets include land and buildings worth Rs. 20,73,200 and current assets like debtors, bills receivable, stock and cash. His capital account stands at Rs. 18,75,000 after adding net profit of Rs. 3,83,686.71 and deducting drawings of Rs. 1,84,575. He also has gold and current liabilities. The balance sheet was prepared by Chartered Accountant Renuga P.

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    Balance sheet

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    Suresh Kumar's balance sheet as of March 31, 2023 shows total assets of Rs. 21,44,549.65 equal to total liabilities. His assets include land and buildings worth Rs. 20,73,200 and current assets like debtors, bills receivable, stock and cash. His capital account stands at Rs. 18,75,000 after adding net profit of Rs. 3,83,686.71 and deducting drawings of Rs. 1,84,575. He also has gold and current liabilities. The balance sheet was prepared by Chartered Accountant Renuga P.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    10 views1 page

    Balance Sheet

    Uploaded by

    Rajesh Mahalingam
    Suresh Kumar's balance sheet as of March 31, 2023 shows total assets of Rs. 21,44,549.65 equal to total liabilities. His assets include land and buildings worth Rs. 20,73,200 and current assets like debtors, bills receivable, stock and cash. His capital account stands at Rs. 18,75,000 after adding net profit of Rs. 3,83,686.71 and deducting drawings of Rs. 1,84,575. He also has gold and current liabilities. The balance sheet was prepared by Chartered Accountant Renuga P.

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    © All Rights Reserved
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    of 1

    Suresh Kumar N

    1/229A,MIL STREET
    KOODUR,MANGUDI
    TIRUVARUR-610103

    BALANCE SHEET AS ON 31-3-2023

    LIABILITIES AMOUNT ASSETS AMOUNT

    CAPITAL ACCOUNT Fixed Asset:


    Suresh Kumar 18,75,000.00 Land & Building 20,73,200.00
    Add : Net profit 3,83,686.71
    Less : Drawings 1,84,575.00

    Non Current liabilities


    Gold Loan 50,000.00 Current Assets
    Sundry Debtors 30,211.85
    Current Liabilities Bills Receivable 4,970.29
    Sundry Creditors 15,405.25 Stock in hand 22,475.00
    Bills Payable 5,032.69 Cash in hand 5,489.56
    State Bank of India 6,593.40
    Indian Bank 1,609.55

    21,44,549.65 21,44,549.65
    Prepared from the books of accounts and information and explanations given to me

    Renuga P
    Chartered Accountant
    Membership No.: 269443
    Place : Coimbatore
    Date : 11/12/2023

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