B.

Tech

Circuit Branches-Global Elective-Financial management

Assignment 1

1. From the following construct the profit and loss account and balance sheet

Trial balance of Raj & Co. as on 31.03.2017

Particulars Debit Rs Credit Rs.
Sales 1555000
Commission received 25000
Purchases 675000
wages 200000
carriage in 100000
salary 150000
Rent 120000
Interest 50000
Telephone Charges 20000
Computers 75000
Furniture 50000
Equipments 500000
Car 700000
Bank a/c 25800
Cash 45350
Sundry debtors 200850
Loan to Ram 48000
Loan from Ravi 55000
Sundry Creditors 400000
Bills payable 65000
Long term loan 400000
Capital 460000
Total 2960000 2960000

2. Prepare Trading a/c. Find out the Gross profit and cost of goods sold.

Particulars Amount Rs
Sales 1000000
Opening stock 50000
Purchases 550000
Wages 45000
Factory lighting & power 35000
Closing stock 80000

3. Visit the corporate website of any two companies of Your choice, Go to Investor Relations page, Annual reports
page , download annual report for 2016-17 and reproduce the Profit and Loss a/c. and Balance sheet of those
companies.