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Readcast 0inShare Financial StatementsFinancial Statements Profit and Loss A/cProfit and Loss A/c Balance SheetBalance SheetDiscloses the financial position of theDiscloses the financial position of the business on a particular date. business on a particular date.Dont Disclose the changes or theDont Disclose the changes or themovement of the funds between two periods.movement of the funds between two periods.

For ExampleFor Example I f Fixed Asset of Rs. 5,00,000 is purchased by I f Fixed Asset of Rs. 5,00,000 is purchased byraising Share Capital of Rs. 5,00,000.raising Share Capital of Rs. 5,00,000.Balance Sheet will simply show higher F.A.Balance Sheet will simply show higher F.A.value and higher Share Capital.value and higher Share Capital. I f loan is raised for Rs. 2,00,000 and is paid in I f loan is raised for Rs. 2,00,000 and is paid inaccounting year.accounting year.

I t will not find place in the Balance Sheet. I t will not find place in the Balance Sheet.

T o Know the answers T o Know the answers W here have the funds come from W here have the funds come from

W here they have been used W here they have been used

FundFundFlowFlowStatementStatement

r r e n t L i a b i l i t i e s ) A/c Dr.A/c Dr.A/c Dr.A/c Dr.A/c Dr.A/c Dr. Search Search History: Searching... Result 00 of 00 00 results for result for p. Seminar FFS Download or Print Add To Collection 91

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Search TIP Press Ctrl-FF to search anywhere in the document. Info and Rating Category: Uncategorized. Rating: Upload Date: 05/20/2011 Copyright: Attribution Non-commercial Tags: This document has no tags. Free download as PDF File (.pdf), Powerpoint Presentation (.ppt), text file (.txt) or view presentation slides online. Flag document for inapproriate content More From This User

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Seminar FFS anurulxx 90 Reads Related

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