Sunday, June 11, 2017

2  Technique to Find  out Closing Capital


In the Books of ___________________________________________

Closing Statement of Affairs
As on 31st March,201..
Liabilities
Amount
Assets
Amount
Sundry Creditors
Bills Payable
Bank Overdraft
Bank Loan
Loan from other
Outstanding Expenses

Closing Capital
(  Balancing Figure )





xxx
xxx
xxx
xxx
xxx
xxx

xxx







Land and Buildings
Plant and Machinery
Furniture and Fixture
Motor Van
Investments
Loose Tools
Sundry Debtors
Stock
Bills Receivable
Cash in Hand
Cash at Bank
Prepaid Expenses
Outstanding Income

xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx
xxx

Total
xxx
Total
xxx
      

     

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