Scribd Logo
Upload

Welcome to Scribd!

  • 26 views

    SYMPHONY

    Uploaded by

    SINDHU BALA
    The cash account summary for the year ended December 31, 2001 shows total receipts of Rs. 12,570,000 including rent revenues from three properties and collection from last week. Total payments were Rs. 12,570,000 including expenses such as salaries, stationery, electricity, rent, taxes, and loan repayment. The profit and loss account shows a net profit of Rs. 1,323,000 for the year. The balance sheet as of December 31, 2001 lists total assets of Rs. 55,743,000 including property worth Rs. 40,000,000 and cash of Rs. 4,136,000, with total liabilities and equity also of Rs. 55,743,000 including owners' equity

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    SYMPHONY

    Uploaded by

    SINDHU BALA
    26 views6 pages
    The cash account summary for the year ended December 31, 2001 shows total receipts of Rs. 12,570,000 including rent revenues from three properties and collection from last week. Total payments were Rs. 12,570,000 including expenses such as salaries, stationery, electricity, rent, taxes, and loan repayment. The profit and loss account shows a net profit of Rs. 1,323,000 for the year. The balance sheet as of December 31, 2001 lists total assets of Rs. 55,743,000 including property worth Rs. 40,000,000 and cash of Rs. 4,136,000, with total liabilities and equity also of Rs. 55,743,000 including owners' equity

    Original Title

    SYMPHONY.xlsx

    Copyright

    © © All Rights Reserved

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    The cash account summary for the year ended December 31, 2001 shows total receipts of Rs. 12,570,000 including rent revenues from three properties and collection from last week. Total payments were Rs. 12,570,000 including expenses such as salaries, stationery, electricity, rent, taxes, and loan repayment. The profit and loss account shows a net profit of Rs. 1,323,000 for the year. The balance sheet as of December 31, 2001 lists total assets of Rs. 55,743,000 including property worth Rs. 40,000,000 and cash of Rs. 4,136,000, with total liabilities and equity also of Rs. 55,743,000 including owners' equity

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    26 views6 pages

    SYMPHONY

    Uploaded by

    SINDHU BALA
    The cash account summary for the year ended December 31, 2001 shows total receipts of Rs. 12,570,000 including rent revenues from three properties and collection from last week. Total payments were Rs. 12,570,000 including expenses such as salaries, stationery, electricity, rent, taxes, and loan repayment. The profit and loss account shows a net profit of Rs. 1,323,000 for the year. The balance sheet as of December 31, 2001 lists total assets of Rs. 55,743,000 including property worth Rs. 40,000,000 and cash of Rs. 4,136,000, with total liabilities and equity also of Rs. 55,743,000 including owners' equity

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 6

    CASH ACCOUNT (FOR THE YEAR ENDED 31st DECEMBER 2001)

    TO OPENING BALANCE 1875000.00 By salary expenses


    ToCafeteria rent income 60000.00 By stationery
    To Advertisement 300000.00 By cleaning expenses
    To Rent revenue -1st By electricity expenses
    175000*30-45000 5205000.00 By Insurance premium
    To Rent revenue -2nd By property taxex
    195000*10 1950000.00 By rent expenses
    205000*5 1025000.00 By loan repayment
    To Rent revenue - 3rd By Interest Expenses
    215000*7 1505000.00
    To last week collection 650000.00 By closing balance

    12570000.00
    2001)
    1650000.00
    24000.00
    360000.00
    1320000.00
    300000.00
    1500000.00
    80000.00
    1500000.00
    1700000.00

    4136000.00

    12570000.00
    PROFIT AND LOSS ACCOUNT

    salary expenses 1800000 Theater Rent Revenue


    stationery expenses 20000 1st movie - 5250000+350000
    electricity expenses 1440000 2nd movie - 1950000+1025000
    rent expenses 80000 3rd Movie - 1505000
    property expenses 1200000
    insurance expenses 100000 cafe rent income
    provision of debt 195000 advertisement
    interest expenses 1700000
    cleaning expenses 360000
    depreciation 2272000
    building-1000000
    sound system -500000
    furniture-500000
    air conditioner -250000
    communication network -22000

    net profit 1323000


    10490000
    10080000

    60000
    350000

    10490000
    BALANCE SHEET OF SYMPHONY THEATRE AS OF 31ST DECEMBER 2001
    ASSETS LIABILITY & EQUITY
    THEATER COST 8000000.00 owner's equity
    Building 25000000.00 net retained earnings
    accumulated depreciation -1000000.00 financing agency
    sound system 10000000.00 personal loan
    accumulated depreciation -500000.00 salary payable
    air condition 5000000.00 tickets receit payable
    accumulated depreciation -250000.00 electricity payable
    furniture 5000000.00
    accumulated depreciation -500000.00
    Integrated communication 110000.00
    accumulated depreciation -22000.00
    amount receivable from first film dist. 395000.00
    provision of debts -195000.00
    prepaid municipal tax 300000.00
    prepaid insurance 200000.00
    prepaid communication 15000.00
    stationery in hand 4000.00
    receivables from advertisement 50000.00

    cash in hand 4136000.00

    55743000.00
    MBER 2001
    LIABILITY & EQUITY
    40000000.00
    1323000.00
    9000000.00
    4500000.00
    150000.00
    650000.00
    120000.00

    55743000.00

    You might also like