Statutory Vertical Form of Balance Sheet |
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Statutory Vertical Form of Balance Sheet |
| Balance Sheet of M/s Free Flow Fluids as on 30th June 2007 | |||
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| Particulars | Schedule No. | Figures as at the end of | |
| Current Financial year | Previous Financial year | ||
I. SOURCE OF FUNDS (1) Shareholders' funds : (a) Capital (2) Loan funds (b) Reserves and surplus (a) Secured loans (b) Unsecured loans TOTAL II. APPLICATION OF FUNDS (1) Fixed assets : (a) Gross; block (2) Investments (b) Less : Depreciation (c) Net block (d) Capital work-in-progress (3) Current assets, loans and advances : (a) Inventories (4) (b) Sundry debtors (c) Cash and bank balances (d) Other current assets (e) Loans and advances Less : Current liabilities and provisions: (a) Liabilities (b) Provisions (a) Miscellaneous expenditure to the extent not written off or adjusted (b) Profit and loss account TOTAL | |||
| 1. | Details under each of the above items shall be given in separate Schedules. The Schedules shall incorporate all the information required to be given under A-Horizontal Form read with notes containing general instructions for preparation of balance sheet. |
| 2. | The Schedules, referred to above, accounting policies and explanatory notes that may be attached shall form an integral part of the balance sheet. |
| 3. | The figures in the balance sheet may be rounded off to the nearest '000' or '00' as may be convenient or may be expressed in terms of decimals of thousands. |
| 4. | A footnote to the balance sheet may be added to show separately contingent liabilities.] |
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