ASHAD TRADING CO.

H.NO.172, ST.NO.10, NEW SHAKTI NAGAR

LUDHIANA

TRADING AND PROFIT & LOSS ACCOUNT FOR THE YEAR ENDING 31-03-2021

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PARTICULARS AMOUNT PARTICULARS AMOUNT
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TO OPENING STOCK 232485.00 BY SALE 1454451.00
TO PURHCASE 1148571.00 BY CLOSING STOCK 416320.00
TO ELECTRICITY EXP. 18360.00
TO WAGES 85200.00

TO GROSS PROFIT 386155.00

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TOTAL 1870771.00 TOTAL 1870771.00
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TO ACCOUNTANT FESS 6000.00 BY GROSS PROFIT 386155.00

TO BANK CHARGES 1230.00
TO DEPRECIATION 42385.00
TO ENTERTAINMENT EXP. 3630.00
TO MISC EXP. 2520.00
TO MOBILE EXP. 3550.00
TO PETROL EXP. 8500.00
TO PRINTING & STATIONERY 800.00

TO NET PROFIT 317540.00

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TOTAL 386155.00 TOTAL 386155.00
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FOR. ASHAD TRADING CO.

PROP.
 ASHAD TRADING CO.
H.NO.172, ST.NO.10, NEW SHAKTI NAGAR
LUDHIANA

BALANCE SHEET FOR THE YEAR ENDING 31-03-2021

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LIABILITIES AMOUNT ASSETS AMOUNT
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CAPITAL A/C 532330.00 FURNITURE & FIXTURE 54707.00
ADD:-NET PROFIT 317540.00 MACHINERY 171723.00
========= MOTOR CYCLE 56812.00
849870.00
LESS:-DRAWING 120000.00 729870.00 CASH IN HAND 25145.00
ICICI BANK 15070.68

SUNDRY CREDITORS CLOSING STOCK 416320.00

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M/S LUCKY TEXTILES 37901.00 SUNDRY DEBTORS
M/S P.S CLOTHING 105266.68 ================
M/S ANURADHA TEXTILE & PROCESSORS 155298.00 M/S SHRI RAM GARMENTS 230328.00

CGST TAX INPUT 14128.00

SGST TAX INPUT 44102.00

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TOTAL 1028335.68 TOTAL 1028335.68
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FOR. ASHAD TRADING CO.

PROP.