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New Bs Mar 27 Projected

The document presents the projected trading profit and loss account for M/S Rahate Engineers Nagpur for the year ending March 31, 2027, showing a net profit of 750,000. It also includes a list of fixed assets with a total balance of 110,247 and a projected balance sheet detailing liabilities and assets totaling 1,810,579. The proprietor of the company is Nikita Rahate.

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9 views3 pages

New Bs Mar 27 Projected

The document presents the projected trading profit and loss account for M/S Rahate Engineers Nagpur for the year ending March 31, 2027, showing a net profit of 750,000. It also includes a list of fixed assets with a total balance of 110,247 and a projected balance sheet detailing liabilities and assets totaling 1,810,579. The proprietor of the company is Nikita Rahate.

Uploaded by

rameshwarparate90
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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M/S RAHATE ENGINEERS NAGPUR

(PROP:- NIKITA RAHATE)


PROJECTED TRADING PROFIT & LOSS A/C
FOR THE YEAR ENDING AS ON 31ST MARCH, 2027

PARTICULARS AMOUNT PARTICULARS AMOUNT


To Opening Stock 750,000 By Sales and Services 3,300,000
" Purchases including Expenses 2,434,000 " Closing Stock 825,000

" Gross Profit (c/d) 941,000


TOTAL 4,125,000 4,125,000

To, Accounting Charges 8,000 By Gross Profit (b/d) 941,000


"" Advertisement 3,500
"" Fuel Cost 15,000
"" Electricity Expenses 30,000
"" Bank Charges 1,400
"" Postage and Telegram 950
"" Legal Charges 3,000
"" Interest on CC 48,000
"" Telephone Expenses 4,500
"" Newspaper and Periodicals 2,500
"" Misc. Expenses 8,500
"" Repairs and Maintenance 9,000
"" Petrol & Conveyance Expenses 24,000
"" Shop and General Expenses 15,153
"" Depreciation 17,497
Net Profit 750,000

TOTAL 941,000 TOTAL 941,000

PLACE : NAGPUR

FOR RAHATE ENGINEERS NAGPUR

NIKITA RAHATE
( PROPRIETOR )
M/S RAHATE ENGINEERS NAGPUR
(PROP:- NIKITA RAHATE)
LIST OF FIXED ASSETS
SCHEDULE "A"
AS ON 31ST MARCH, 2027

RATE OF
OPENING CLOSING
SR.NO PARTICULARS DEPRICI ADDITION SALE TOTAL DEP.
BALANCES BALANCE
ATION

1 Furniture 10% 35,871 - - 35,871 3,587 32,284

2 Plant and Machinary 15% 72,066 - - 72,066 10,810 61,256

3 Vehicle 15% 19,292 - - 19,292 2,894 16,398

4 Mobile 40% 515 - - 515 206 309

TOTAL RS. : 127,744 - - 127,744 17,497 110,247


M/S RAHATE ENGINEERS NAGPUR
(PROP:- NIKITA RAHATE)
PROJECTED BALANCE SHEET
FOR THE YEAR ENDING AS ON 31ST MARCH, 2027

LIABILITIES AMOUNT AMOUNT ASSETS AMOUNT

PROPREITOR CAPITAL ACCOUNT FIXED ASSETS


Opening Balance 1,058,079 (As Per Schedule "A") 110,247
Add : Net Profit 750,000
Add: other Sources - INVESTMENTS 125,000
1,808,079
Less : Withdrawls (657,500) 1,150,579 DEPOSITS AND ADVANCE 75,000

UNSECURED LOAN CURRENT ASSET


CC loan 400,000
a)CLOSING STOCK 825,000
CURRENT LIABILITIES & PROVISIONS (AS TAKEN & VALUED BY PROP)
a)Sundry Creditors 260,000
a) Debtors and other Debit Balances 525,000

b) Cash & Bank Balances 150,332


(AS TAKEN & VALUED BY PROP)

TOTAL Rs. 1,810,579 TOTAL Rs. 1,810,579

PLACE : NAGPUR

FOR RAHATE ENGINEERS NAGPUR

NIKITA RAHATE
( PROPRIETOR )

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