Format

In the books of -------------------

Particulars Amount Amount Particulars Amount Amount

To Opening Stock Xxx By Sales Xxx
Less Return Inwards -Xxx Xxx
To Purchases Xxx By Closing Stock Xxx
Less Return Outward -Xxx xxx
To Wages Xxx By Gross Loss c/d
Add Outstanding +Xxx xxx (transfer to Dr. Side of P&L xxx
a/c)

To Freight xxx
To Carriage Inwards xxx
To Packing Charges xxx
To Dock dues xxx
To Power Xxx
To Octroi Duty Xxx
To Gas,Water & Electric Xxx
charges
To Factory Rent,Fule Power xxx

To Customs & Insurance Xxx

To Royalty on Production xxx
To Lorry Hire Xxx
To Manufacturing Exp. Xxx
To Gross Profit c/d xxx
(transfer to Cr. Side of P&L
a/c)
TOTAL TOTAL

1
 In the books of ------------------

Profit & Loss A/c For the year ending ---------------------

Dr. Cr.

Particulars Amount Amount Particulars Amount Amount

To Gross Loss b/d By Gross Profit b/d
(Transferred from Trading xxx (Transferred from xxx
A/c) Trading A/c)
To Carriage Outward xxx By Commission xxx
earned
To Rent / Rent Paid xxx By Rent Received xxx
To Rate & Taxes xxx By Interest on Loan
Received xxx
To Printing & Stationery xxx By Interest on
Deposit Received xxx
To Postage Exp./ By Interest on
Postage & Telegram xxx Investment
Received xxx
To Insurance / Insurance By Interest on Fixed
Premium / Deposit Received xxx
Insurance Paid xxx
To Telephone Charges By Interest on
Drawings xxx
To Advertisement xxx By Dividend
Received xxx
To Office Maintanence xxx By Discount
Received xxx
To Travelling xxx By Bad Debt
Recovered xxx
To Sundry Exp. xxx By Profit on Sell of
any Asset Xxx
To Sales Exp. xxx By Net Loss
(Transfer to Liabilty
Side Of
Balance Sheet
After Capital A/c) xxx
To Office Exp. xxx
To Rpairs xxx
To Audit Fees xxx
To Bank Charges xxx
To Interest
To Office Maintenance xxx
To Interest on Capital xxx
To Discount Allowed xxx
To Interest on Loan xxx
To Commission Paid xxx

2
To Salary xxx
Add Outstanding xxx xxx
To General Exp. xxx
To Bad Debts xxx
To Provision for Bad Debts xxx
To Depreciaton
On Plant & Machinery xxx
On Furniture xxx
On Building + xxx xxx
To Abnormal Loss xxx
To Net Profit
(Transfer to Liabilty Side
Of Balance Sheet
After Capital A/c) xxx
TOTAL TOTAL

3
 Balasce Sheet of ----------------

As on ---------------

Liabilities Amount Amount Assets Amount Amount

Capital A/c
Add Interest on
Capital xxx
Add Net Profit + xxx
OR
Less Net Loss - xxx
Less Drawing - xxx
Less Interest on
Drawing - xxx Goodwill A/c xxx
Less Income Tax - xxx xxx
General Reserve / Trademark A/c Xxx
Reserve Fund xxx
Loan / Bank Loan xxx Copyright A/c Xxx
Bank Overdraft xxx Patent A/c Xxx
Mortgage loan xxx Instruments A/c Xxx
Sundry Creditors xxx Plant & Machinery A/c xxx
Less Depriciation -xxx Xxx
Bills Payable xxx Furniture & Fixture A/c xxx
Less Depriciation -xxx Xxx
Outstanding Exp. xxx Land & Building A/c xxx
Less Depriciation -xxx Xxx
Sundry Debtors xxx
Less Provision for
Bad Debt -xxx Xxx
Cash in Hand Xxx
Cash at Bank Xxx
Bills Receivable Xxx
Closing Stock xxx
Stock of Stationery xxx
Pre-Paid Exp. Xxx
Business Premises xxx
Fixed Deposit at Bank xxx
Outstanding Income xxx
TOTAL TOTAL

4
Ledger & Their Groups

5
6