Sheet1M/S U.S.A. AUTOMOBILES (PROP. UDAIVEER)M/S U.S.A. AUTOMOBILES (PROP. UDAIVEER)BALANCE SHEET AS ON 30/09/2014PROJECTED BALANCE SHEET AS ON 31/03/2015LIABILITIESAMOUNTASSETSAMOUNTLIABILITIESAMOUNTASSETSAMOUNTCAPITAL ACCOUNTFurniture & Fixture78,732CAPITAL ACCOUNTFurniture & Fixture78,732Less: Dep. @ 10%3,93774,796Less: Dep. @ 10%7,87370,859Opening Balance913,187Opening Balance913,187Vehicle (Bike)33,930Vehicle (Bike)33,930Add:Less: Dep. @15 %1,69732,234Add:Less: Dep. @15 %3,39330,537Profit during the year175,100Profit during the year678,877Computer7,128Computer7,1281,088,287Less: Dep.1,4265,7031,592,064Less: Dep.2,8514,277Less:Mobile6,264Less:Mobile6,264Drawings60,0001,028,287Less: Dep @ 15%4705,794Drawings120,0001,472,064Less: Dep @ 15%9405,324Closing Stock926,865Closing Stock964,552Sundry Creditors356,432Cash & Bank Balnace24,660Sundry Creditors156,432Cash & Bank Balnace465,400Sundry Debtors314,668Sundry Debtors587,548Loan from Bank500,000138471913847192,128,4962,128,496

Sheet2M/S U.S.A. AUTOMOBILES (PROP. UDAIVEER)M/S U.S.A. AUTOMOBILES (PROP. UDAIVEER)Profit & Loss A/c for the period 01/04/2014 to 30/09/2014Profit & Loss A/c for the period 01/04/2014 to 31/03/2015ParticularsAmountParticularsAmountParticularsAmountParticularsAmountTo Opening Stock876,865By Sales1,229,043To Opening Stock876,865By Sales2,458,085To Purchase878,982By Closing Stock926,865To Purchase1,716,974By Closing Stock964,552To Telephone Expenses5,077To Telephone Expenses10,153To Repair & Maintenance13,584To Repair & Maintenance27,168To Traveling & Conveyance18,026To Traveling & Conveyance36,053To Staff Welfare5,280To Staff Welfare10,560To Sales Promotion12,265To Sales Promotion24,530To Depreciation7,529To Depreciation15,057To Legal & Accounting Charges13,200To Legal & Accounting Charges26,400To Net Profit175,100To Net Profit678,8771,755,9082,155,9083,422,6373,422,637