USA: +1-585-535-1023

UK: +44-208-133-5697

AUS: +61-280-07-5697

Performa

Balance Sheet

Liabilities

Amount

$

Assets

Amount

$

Current Liabilities

Creditors

Bills payable

Bank overdraft

Outstanding expenses

Income received in advance

Short term loans

Fixed Liabilities

Loan

Mortgage

Loan from financial institutions

Debentures

Capital

Add : Net Profit

Add : Interest on capital

(if in adjustment)

Add : Remuneration, i.e., salaries,

commission, fee payable to

proprietors

(if in adjustment)

Less : Drawings

Less : Interest on drawings

Less : Net loss

Less : Income tax

Reserves and Funds

General reserve

Reserve funds

Contingency reserve

Provident fund

Employees compensation fund

Provision for taxation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Assets

Cash in hand

Cash at bank

Debtors sundry Debtors or book

debts

Stock or inventory

Goods sent on consignment

Bills or Notes Receivable

Short term or Trade investment

Prepaid expenses

Accrued income

Sales Tax Collected

Investments

Details of investment :

Long term investment

Loans granted

Fixed Assets

Land and building

Or

Freehold premises

Machinery

Or

Plant and Machinery

Equipment’s

Or

Tools and Equipment’s or loose tools

Furniture or Fixtures

Or

Furniture and fittings

Or

Fixtures and fittings

Vehicles-truck, car, vans. Tempo, scooter, cycle etc.

· Horses and carts

Live-stock (animals)

. Goodwill

Patents and Trade Mark

Miscellaneous Expenses

Advertising suspense

Discount on issue of shares

Discount on issue of debentures