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Karthick Lakshman from YUVABHARATHI PUBLIC SCHOOL, asked a question
Subject: Accountancy , asked on 31/7/12

What is the new format of the balance sheet(company) prfrd by cbse.

EXPERT ANSWER

Komal Verma , Meritnation Expert added an answer, on 1/8/12
125 helpful votes in Accountancy

Name of the Company

BALANCE SHEET

as at...

Particulars

Note No.

Figure as at the end of Current reporting period

Figures as at the end of the Previous reporting period

I. EQUITY AND LIABILITIES

 

 

 

1. Shareholders’ Funds

 

 

 

(a) Share Capital

 

 

 

(b) Reserve and Surplus

 

 

 

(c) Money received against share warrants

 

 

 

(2) Share Application Money Pending Allotment

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) Long-term borrowings

 

 

 

(b) Deferred tax liabilities (Net)

 

 

 

(c) Other Long-term liabilities

 

 

 

(d) Long-term provisions

 

 

 

(4) Current Liabilities

 

 

 

(a) Short-term borrowings

 

 

 

(b) Trade payables

 

 

 

(c) Other current liabilities

 

 

 

(d) Short-term provisions

 

 

 

TOTAL

 

 

 

 

 

 

 

II. ASSETS

 

 

 

1. Non-Current Assets

 

 

 

(a) Fixed assets

 

 

 

(i) Tangible assets

 

 

 

(ii) Intangible assets

 

 

 

(iii) Capital work-in-progress

 

 

 

(iv) Intangible assets under development

 

 

 

(b) Non-current investments

 

 

 

(c) Deferred tax assets (net)

 

 

 

(d) Long-term loans and advances

 

 

 

(e) Other non-current assets

 

 

 

(2) Current Assets

 

 

 

(a) Current investments

 

 

 

(b) Inventories

 

 

 

(c) Trade receivables

 

 

 

(d) Cash and cash equivalents

 

 

 

(e) Short-term loans and advances

 

 

 

(f) Other current assets

 

 

 

TOTAL

 

 

 

 

 

 

 

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