Long Term Liabilities Long Term Assets

1. Equity capital 1. Land & Building

2. Preference capital 2. Plant & Machinery
3. Reserves & Surplus 3. Vehicles
4. Retained Profits Non-Current Assets
5. Long term loan 1. Investments in Non-Quoted Shares
6. Unsecured Loans 2. Investments in other firms
7. Debentures 3. Sundry Debtors – more than 180 days
4. Bills Receivables – more than 180 days
Current Liabilities Current Assets
1. Bank Overdraft  Quick Assets
2. Bills Payables 1. Cash in Hand / Bank / FDR
3. Sundry Creditors 2. Investments in Quoted Shares
4. Short Term Loans 3. Sundry Debtors – less than 180 days
5. Provisions for Tax 4. Bills Receivables – less than 180 days
6. Interest Accrued / Payable
 Non Quick Asset
7. Other Provisions – due but not paid
1. Stock/Inventory
2. Finished Goods
3. Prepaid Expenses
4. Advances given – receivable within 1 year
5. Securities – encashable within 1 year
 Intangible Assets
1. Goodwill
2. Patent
3. Trademark
 Fictitious Assets
1. Discount in issue of shares
2. Other losses
3. Pre Operating Expenses
Capital – LTL Rs 5000
Reserves - LTL Rs 9200
Demand Deposits - CL Rs 26,600
Savings Bank Deposits – CL Rs 82,600
Term Deposits – Banks – LTL Rs 5800
Term Deposits – Public - CL Rs 1,23,800
Borrowings from Finance Institutions Rs 1400
Nabard Refinance – LTL Rs 1200
Bills Payable – CL Rs 800
Interest Accrued – CL Rs 680
Subordinated Debts - Rs 1400
Suspense Account Rs 720
Total Liabilities Rs 252600