Page 116 - VIRANSH COACHING CLASSES
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Balance Sheet as on 31 March 2018
st
Liabilities Amount Amount Assets Amount Amount
` ` ` `
Capital Fund 8,98,500 Cash in Hand 8,300
Add : Life Membership 15,000 Cash at Bank 21,000
(50 %) O/s Subscription
Add : Donations 50,000 Land & Building 7,00,000
9,63,500 Less : 10 % Depreciation 70,000 6,30,000
Less : Deficit 3,200 9,60,300 Furniture
O/s Salary 8,000 Opening Balance 50,000
Less : Sold 20,000 30,000
Equipments
Opening Balance 1,40,000
Add : Additions 1,30,000
2,70,000
Less : Depreciation 12,000 2,58,000
Prepaid Taxes 1,000
9,68,300 9,68,300
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