Format of Final Accounts

Pro forma of Trading Account

In the Books of _______________ and __________

Trading Account for the year ended 31^st March, ______________

Particulars	Rs.	Rs.	Particulars	Rs.	Rs.
To Opening Stock			By Sales (-) Sales Return (-) Return Inwards
To Purchases (-) Purchase Return. (-) Return Outwards			By Goods destroyed by Fire
To Wages			By Goods Distributed as Free Samples
To Productive Wages			By Goods withdrawn by partners for personal use
To Manufacturing Wages			By Goods lost by theft
To Wages and Salaries			By Closing Stock
To Works Manager's Salary			By Gross Profit C/d
To Carriage
To Carriage Inwards
To Carriage on Purchases
To Factory Expenses
To Factory Insurance
To Factory Rent
To Factory Lighting
To Factory Salary
To Import Duty
To Octroi and Cartage
To Customs charges
To Freight
To dock dues charges
To Gas, Coal, Water, Fuel and Power
To Motive Power
To Royalty
To Royalty on Purchases
To Manufacturing Expenses
To Trade Expenses
To Heating and Lighting
To Gross Profit C/d

Pro forma of Profit and Loss Account

Particulars	Rs.	Rs.	Particulars	Rs.	Rs.
To Gross Loss b/d			By Gross Profit b/d
To Salaries			By Commission Received
To Salaries and Wages			By Commission Earned
To Unproductive Wages			By Discount Received
To Non – Productive Wages			By Discount Earned
To Office Expenses			By Interest Received
To Rent			By Interest Earned
To Office Rent			By Income from other sources
To Rent , Rates & Taxes			By Bad debts recovered
To Lighting			By Provisions for Discount on Creditors
To Office Lighting			By Dividends Received
To Electricity Charges			By Miscellaneous Incomes
To Insurance			By Sundry Incomes
To Postage and Telegrams			By Rent Received
To Loss on Sale of Assets			By Profit on Sale of Assets
To Loss on Sale of Investments			By Profit on Sale of Investments
To Interest on Partners' Capitals			By Interest on Partners' Drawings
To Telephone and Fax Charges			By O.R.D.D.
To Bad Debts			(-) Bad Debts
(+) F.B.D.			(-) F.B.D.
(+) N.R.D.D.			(-) N.R.D.D.
(-) O.R.D.D.
To Courier Charges			By Net Loss C/d
To Printing & Stationery
To Legal Expenses
To Trade Expenses
To Sales Tax
To Repairs and Renewals
To Audit Fees
To Depreciation
To Sundry Expenses
To General Expenses
To Miscellaneous Expenses
To Provident Fund Contribution
To Travelling Expenses
To Conveyance Expenses
To Commission & Allowances
To Brokerage
To Carriage Outwards
To Carriage on Sales
To Storage Charges
To Warehouse Charges
To Godown Charges
To Packing Expenses
To Packing Charges
To Advertisement Expenses
To Delivery Van Charges
to Export Duties
To Bank Charges
To Entertainment Charges
To Interest Paid
To Discount allowed on Debtors
To Discount on Bills
To Provisions for Discount on Debtors
To Net Loss by Fire
To Net  Loss by Theft
To Donations
To Charity
To Professional Charges
To General Reserve (Transfer)
To Interest on loans
To Net Profit C/d

Pro forma of Balance Sheet

Liabilities	Rs.	Rs.	Assets	Rs.	Rs.
Partners' Capital A/c			Goodwill
Partners' Current A/c			Patents & Patterns
General Reserve			Trade Marks
Reserve Fund			Copyrights
Provident Fund (+) Interest on Provident fund Investments (if any)			Freehold Property
Loan from Partners			Leasehold Property
Loan from Bank			Premises
Bank Overdraft			Land & Building
Sundry Creditors			Plant & Machinery
Bills Payable			Delivery Van
Outstanding Expenses			Motor Vehicle
Income received in Advance			Furniture
			Fixtures
			Office Equipments
			Loose Tools
			Investments
			Provident Fund Investments
			Interest Accrued on Investments
			Loans (given)
			Sundry Debtors
			Stock of Stationery
			Stock of Postal Stamps
			Closing Stock
			Bills Receivable
			Insurance Claim Receivable
			Cash in Hand
			Cash at Bank
			Prepaid expenses
			Incomes Receivables
			Partners' Current Account