This document contains financial statements for MD. Ekram Hussain's contracting business for the year ending March 31, 2023. It includes a contract account showing revenues of 4.58 million INR and profits of 550,000 INR. The trading account shows total sales of 2.89 million INR, gross profits of 304,000 INR, and closing stock of 412,000 INR. The profit and loss account details expenses of 854,000 INR and net profits of 606,000 INR. The balance sheet lists total assets of 3.31 million INR including fixed assets of 1.2 million INR and current assets of 2.11 million INR. Liabilities include capital account of 3.28 million INR and creditors of 35
This document contains financial statements for MD. Ekram Hussain's contracting business for the year ending March 31, 2023. It includes a contract account showing revenues of 4.58 million INR and profits of 550,000 INR. The trading account shows total sales of 2.89 million INR, gross profits of 304,000 INR, and closing stock of 412,000 INR. The profit and loss account details expenses of 854,000 INR and net profits of 606,000 INR. The balance sheet lists total assets of 3.31 million INR including fixed assets of 1.2 million INR and current assets of 2.11 million INR. Liabilities include capital account of 3.28 million INR and creditors of 35
This document contains financial statements for MD. Ekram Hussain's contracting business for the year ending March 31, 2023. It includes a contract account showing revenues of 4.58 million INR and profits of 550,000 INR. The trading account shows total sales of 2.89 million INR, gross profits of 304,000 INR, and closing stock of 412,000 INR. The profit and loss account details expenses of 854,000 INR and net profits of 606,000 INR. The balance sheet lists total assets of 3.31 million INR including fixed assets of 1.2 million INR and current assets of 2.11 million INR. Liabilities include capital account of 3.28 million INR and creditors of 35
This document contains financial statements for MD. Ekram Hussain's contracting business for the year ending March 31, 2023. It includes a contract account showing revenues of 4.58 million INR and profits of 550,000 INR. The trading account shows total sales of 2.89 million INR, gross profits of 304,000 INR, and closing stock of 412,000 INR. The profit and loss account details expenses of 854,000 INR and net profits of 606,000 INR. The balance sheet lists total assets of 3.31 million INR including fixed assets of 1.2 million INR and current assets of 2.11 million INR. Liabilities include capital account of 3.28 million INR and creditors of 35
PARTICULARS AMOUNT PARTICULARS AMOUNT To Contract Expenses 4,034,976 By Contract Receipt 4,585,200 " Contract Profit 550,224
4,585,200 4,585,200 TRADING ACCOUNT FOR THE YEAR ENDED 31-03-2023 PARTICULARS AMOUNT PARTICULARS AMOUNT To Opening Stock 366,500 By Sales 2,895,520 " Purchases 2,637,087 " Closing Stock 412,520 " Gross Profit 304,453
3,308,040 3,308,040 PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31-03-2023 PARTICULARS AMOUNT PARTICULARS AMOUNT To Staff Salary & Wages 150,000 By Gross Profit " Electricity Charges 7,582 " Contract Profit 550,224 " Rent 18,000 " Trading 304,453 " Telephone Exp 4,511 " Accounting Charges 12,000 " Bank Charges & Interest 1,244 " Travelling & Refreshment 7,520 " Misc. Expense 34,520 " Printing & Stationery 12,400 " Net Profit 606,900
854,677 854,677 BALANCE SHEET AS ON 31-03-2023 LIABILITIES AMOUNT ASSETS AMOUNT CAPITAL ACCOUNT FIXED ASSETS (As per details) 3,283,295 Land & Buiding 600,000 Land 150,000 Motor Bike 70,000 Construction 350,000 Mixture Machine 75,000 CURRENT ASSETS CURRENT LIABILITIES Work in Progress - Sundry Creditors 35,200 Receivable 105,000 Stock in Trade 412,520 Deposits & Advances 480,000
CASH & BANK BALANCES
Cash in hand and bank 1,075,975
3,318,495 3,318,495 CAPITAL ACCOUNT FOR THE YEAR ENDED 31-03-2023 PARTICULARS AMOUNT PARTICULARS AMOUNT To Drawing/TDS 185,000 By Balance b/d 2,868,854 " LIP 26,000 " Net Profit 606,900 " Interest on SB 1,032 " Balance c/d 3,283,295 " Interest on FD 17,433 " Interest on IT Refund 76 3,494,295 3,494,295
