Balance Sheet (Amount in Rs.

)
Assets Assets of the business having a life of less than a year. Cash available with the business, at office or in the bank account. Amount to be received on account of credit sales. Stock of raw material, work in process, finished goods, store and spares. Expenses paid in advance, egg, advance building rent, insurance premium, lease payment etc. (A+B+C+D) 0 0 0 0

Current Assets A B C D E Cash Accounts Receivables Inventories Pre Paid Expenditures Total Current Assets

Year 0

Year 1

Year 2

Year 3

Fixed Assets F G H I J K L Land Building/ Infrastructure Machinery & Equipment Furniture & Fixtures Office Vehicles Office Equipment Total Fixed Assets

Assets having a life of more than one year and acquired for permanent use in the business. Cost of the land used for office or factory (no depreciation). Cost of the building and infrastructure used for office or factory minus accumulated depreciation. Cost of machinery and equipment minus accumulated depreciation. Cost of furniture and fixture (electricity fittings etc) minus accumulated depreciation. Cost of office vehicles (if any) minus accumulated depreciation. Cost of office equipment (printers, computers, fax, telephone etc) minus accumulated depreciation. (F+G+H+I+J+K)

Year 0

Year 1

Year 2

Year 3

Total Assets

(E+L) Liabilities

Current Liabilities M N O P Accounts Payable Short Term Debt Other Liabilities Total Current Liabilities

Liabilities which are payable with in a period of one year. The amount payable to the creditors of the business for example the suppliers of raw material. Outstanding amount of the amount representing short term debt acquired for working capital. Other trade liabilities, if any. (M+N+O)

Year 0

Year 1

Year 2

Year 3

Long Term Liabilities Q R Long Term Loan Total Long Term Liabilities

Liabilities which are payable after a period of one year or more. Outstanding balance of the amount acquired from the bank as a long term loan, lease facilities, etc. (Q)

Year 0

Year 1

Year 2

Year 3

Equity

The investment of the owners / partners / shareholders.

Year 0

Year 1

Year 2

Year 3

S T U

Capital Retained earnings Total Equity

Contribution of owners towards the business commonly referred as owners' equity. Amount retained from the annual revenue. (S+T) 0 0 0 0

Total Liabilities and Equity

(P+R+U)

0 0

0 0

0 0

0 0

Total of Assets and Liabilities should be equal.

Assets

Year 4

Year 5

Year 4

Year 5

0 Liabilities Year 4

Year 5

Year 4

Year 5

Year 4

Year 5

0 0

0 0