Professional Documents
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Trial Balance as on 1st july,2010 S# 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 Account Name Umer Altaf Adil Altaf Plant & Machinery Vehical Sales Tax Income Tax AlBaraka Bank AlBaraka Bank Bank Profit With Holding Tax Bank Charges Decent Textile VKY Exports Faislabad KB Enterprise Faislabad Ijaz Cloth Broker Legal Fees J A Traiderss Babar Enterprises Abid Industries Karachi Nisar Ahmad Baig Cash in Hand Printing & Stationery Diesel for Generator Postage Transportation Oil & Lubericants TelePhone Entertaintment Sarning Traveling & Conveyance Misc. Expense Wages Salaries Type of Account Capital Account Capital Account Fixed Asset Fixed Asset Current Asset Current Asset Current Asset Current Asset Other Income Expense Expense Customer Customer Customer Vendor Expense Vendor Vendor Vendor Vendor Current Asset Expense Expense Expense Expense Expense Expense Expense Expense Expense Expense Expense Expense Type Capital Capital Asset Asset Asset Asset Asset Asset Income Ind Expense Ind Expense Receivalbe Receivalbe Receivalbe Vendor Ind Expense Vendor Vendor Vendor Vendor Asset Ind Expense Direct Expense Ind Expense Ind Expense Direct Expense Ind Expense Ind Expense Direct Expense Ind Expense Ind Expense Direct Expense Ind Expense
34 35 36 37 38 39 40 41 42 43 44 45 46
Cone Re Winding Sizing Electric Power Electric Goods Repair & Maintenance Store & Spare Conversion Account Building Repair Commission Jamal Industries Raj Textile
Expense Expense Expense Expense Expense Expense Income Expense Expense Vendor Vendor
Direct Expense Direct Expense Direct Expense Direct Expense Direct Expense Direct Expense Income Ind Expense Ind Expense Vendor Vendor
901,655 13 571,381 40,029 5,000 5,425 284,321 23,952 1,500 10,064 2,310 3,384 726,916 2,285 217,340 239,584 11,920 1,472 52,783 65,500 12,685 1,070,300 1,053,500 75 31,000
7,715 1,108,946 1,283,064 43,789 37,670 184,114 6,615,045 25,780 196,802 130,780 105,386 7,513,599 S 6,926,446 7,513,599 13,899,786 6,119,583 13,899,786
ADIL Fabrics
Balance Sheet As on 30 June, 2011 Notes
Capital Account Creditors
1 2 3
2011 Rupees
7,279,803 267,241 7,547,044
Fixed Assets Plant and Machinery Vehicle Current Assets Trade Debtors Advances prepayments Cash and Bank Balance
5 6 7
Partner Managing
Partner
ADIL Fabrics
Profit & Loss Account For the year Ended 30 June, 2011 2011
Rupees
Sales Cost of Sales Gross Profit Administrative and General Expenses Selling Expense Financial Expense Operating Income Other Income Profit before Tax
8 9
10 11 12
13
17,500 279,803
279,803
ADIL Fabrics
Notes to the Account For the year Ended 30 June, 2011 2011
1 Partner Capital Account Umer Altaf Adil Altaf 1.1 1.2
1.1
1.2
Trade Creditors
Ijaz Cloth Broker J A Traiderss Jamal Industries Raj Textile
31,000 75 130,780 105,386 267,241
3 4 5
47,470 17,134
64,604 2,310
2,822 691,974
697,106
Conversion Account
Cost of Sales
6,615,045 726,916 239,584 52,783 1,070,300 7,715 1,108,946 1,283,064 43,789 37,670 184,114 4,754,881 5,000 3,384 2,285 11,920 1,472 65,500 12,685 1,053,500 688 25,780 1,182,214 217,340 196,802 414,142
Diesel for Generator Oil & Lubericants Sarning Wages Cone Re Winding Sizing Electric Power Electric Goods Repair & Maintenance Store & Spare
10 Administrative and General Expenses
Legal Fees Printing & Stationery Postage TelePhone Entertaintment Traveling & Conveyance Misc. Expense Salaries WHT Building Repair
11
1,505
Bank Profit
17,500