Chapter 4
CONTENTS OF BALANCE SHEET
The prescribed physique of the Balance Sheet is given in Part I of Schedule VI of The Companies Act, 1956.
The Companies Act has laid down dickens forms of the Balance Sheet known as:
i) Horizontal form
ii) perpendicular form
FORMAT OF SUMMARISED BALANCE SHEET (HORIZONTAL FORM)
SCHEDULE VI explode I
Balance Sheet of ….CO.LTD.
As at …
|Figures |Liabilities |Figures |Figures |Assets |Figures |
|for the | |for the |for the | |for the |
|Previous family | |current year |previous year | |current year |
|Rs. | |Rs. |Rs. | |Rs. |
| |1. Share Capital | | |1. Fixed Assets | |
| |2. Reserves and surplus | | |2. Investments | |
| |3.
Secured Loans | | |3. ongoing Assets, Loans and | |
| |4. Unsecured Loans | | |Advances | |
| |5. Current Liabilities and | | |(a) Current Assets | |
| |Provisions | | |(b) Loans and Advances | |
| |Current Liabilities | | |4. Miscellaneous...If you command to get a full essay, order it on our website: Ordercustompaper.com
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