Trading A/c Profit & Loss A/c Balance heet

Trading A/C
Particulars	Amount	Particulars	Amount
To Opening Stock To Purchases Less : Purchases Return To Carriage/Carriage Inwards/Carriage On Purchases To Freight To Wages/Manufacturing Or Productive Wages To Factory Expenses To Store Consumed To Royalties To Motive Power To Coal & Coke To Water To Oil To Billing To Octroi To Dock Charges To Custom Duty To Gross Profit Transferred To Profit & Loss A/C		By Sales Less: Sales Return By Closing Stock By Gross Loss Transferred To Profit & Loss A/C

Profit & Loss A/C
Particulars	Amount	Particulars	Amount
To Gross Loss B/D To Selling & Distribution Expenses: Advertisement, Traveler’s Salaries, Expenses & Commission, Baddebts, Godown Rent, Export Expenses, Carriage Outwards, Bank Charges, Agent’s Commission, Upkeep Of Motor Lorries To Management Expenses: Rent, Rates & Taxes Heating & Lighting Office Salaries Printing & Stationary Postage & Telegram Telephone Charges Legal Charges Audit Fees Insurance General Expenses To Depreciation & Maintenance: Depreciation Repair & Maintenance To Financial Expenses: Discount Allowed Interest On Capital Interest On Loans Discount On Bills To Extra Ordinary Expenses Loss By Fire(Not Recovered By Insurance) Cash Defalcations To Net Profit Transferred To Capital A/C		By Gross Profit B/D By Interest Received By Discount By Commission By Rent From Tenants By Income From Investments By Apprenticeship Premium By Interest On Debentures By Income From Any Other Source By Miscellaneous Revenue Receipts By Net Loss Transferred To Capital A/C

Balance Sheet
Liabilities	Amount	Assets	Amount
Current Liabilities Sundry Creditors Bills payable Bank overdraft Long term liabilities Loan from bank Debentures Fixed liabilities Fixed Liabilities Capital		Liquid Assets Cash in hand Cash at bank Floating Assets Sundry debtors Investments Bills receivable Stock in trade Prepaid expenses Fixed assets Machinery Building Furniture & Fixtures Motor Car Intangible Assets Goodwill Patents Copyright Licenses Fictitious Assets Advertisement Misc. Expenses Profit & Loss A/c