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Final Accounts of a Sole proprietorship business

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    \ejsgi`e @berdidn@berd edytgidn edywgbrbwww.tejsgi`e`berdidn.ahoae``3 +95-77;;999=7;

    http://www.takshilalearning.com/http://www.takshilalearning.com/

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    FIDEDAIE@ Q\E\BOBD\Q HF E

    QH@B []H[]IB\H]QGI[( Quooerizidn)

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    Fidedaie` stetbobdts erb tgb @est stenb ! tgb Eaaudtidn [rabss

    Fro \rie` "e`edab (`ist ! e`` B#$bdsbs %Idaobs % Essbts &

    `ie"i`itibs)% !ide` E'as erb $rb$erb

    \rie` *e`edab + i,ib idt t- $erts

    \reidn & [&@ E'a *e`edab Qgbbt

    (Quooer. ! e`` Idaobs'b#$bdsbs) (Quooer. ! Essbts'@ie"i`itibs)

    ([r,ibs Dbt rbsu`t)   ([r,ibs Eaauou`etb !idedaie` $sitid)

    Ahdabpt

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    Fide` Eaaudts ! e s`b $r$ribtrsgi$ adabrd ( *usidbss ! e Qidn`b -dbr)

    \reidn Idustribs Oedu!eaturidn Idustribs

    \relidn E/a   Me`edab Qgbbt

    Oedufeaturidn E/a

      (e`dn -itg \reidn% [&@ E'a & *e`edab sgbbt)

     

    [&@ E/a

     Dtb + Fide` eaaudts ! Ao$edibs & [ertdbrsgi$ -i`` "b isaussb

    sb$eretb`.

    Ahvbrenb

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    [rb$erb ". oedufeaturidn idlustribs (Ad,brsid ! re-

    oetbrie` idt Fidisgb /s)"b!rb $rb$eretid ! \reidn%

    [&@ E'a

    E Dhoide` E/a (rbars e`` tgb oedu!eaturidn b#$bdsbs `i;b

    ]e- oetbrie` Adsuob% 5enbs% Oedu!eaturidn b#$bdsbs)

    [r,ibs tgb thte` Ahst hf nhhls prhluabl- tredsfbrrbl th

    \relidn E/a

    E`s ae``b es =Ast ! [ruatid1 E'a

     

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    Quooerizb e`` tgb Doide` Eaaudts

    [briia stetbobdts'Idaob Qtetbobdt'Qtetbobdt ! [r!it & @ss

    Oetagidn & Eaarue` [ridai$`b is dbbb t "b !``-b

    Adsists e`` tgb rb,bdub rbabi$ts(idaobs) &

    b#$bditurbs(b#$bdsbs)

    \reidn E'a [&@ E'a

    (Adsists 2irbat tredseatids (idirbat b#$bdsbs & idaobs)

    ! ns)

    \reidn ! "!@ #aah$dt

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    sg-s tgb $bretidn $br!roedab ! tgb "usidbss

    Idaobs & b#$bdsbs irbat`. rb`etidn t tgb ns'$bretids ! tgb

     "usidbss

    (2irbat Idaobs & B#$bdsbs)

    Fr e Dd Oedu!eaturidn adabrd% tgb irbat b#$bdsbs rb`etidn t ns

    aob id treidn Eaaudt (`i;b 5enbs)

    \gis ni,bs tgb /rss [r!it'@ss (s$bai!iae``. !ro \reidn !

    /s'Id,bdtr.)

    \reidn #%a

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    &hroet

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    Fro [uragesbs+ rba,bre"`b te#bs'utibs $ei erb t "b buatb

    (Abd,et Arbit+ Aurrbdt Essbt)

    Fro Qe`bs+ Idirbat te#(Qe`bs \e#) rba,brb !ro austobr is t "b

    ida`ub ( $e.e"`b t /,t>Aurrbdt @ie"i`it.)

    Es $br EQ>7% tgb irbat b#$bdsbs+ tgb b#$bdsbs !r "ridnidn tgb

    ns t tgbir !eatr. `aetid ed oe;idn tgbo oer;bte"`b

    (!idisgb ns)

     bn Aerrienb id-ers% !rbingt% -enbs% idsuredab% $-br & !ub`% bta

    'htbs-\reidn #%a

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      \reidn Eaaudt 2r\ H$bdidn Id,bdtr. Eaaudt

      \ [uragesbs Eaaudt

      \ 5enbs Eaaudt

      \ 2irbat b#$bdsbs

      Qe`bs Eaaudt 2r

    A`sidn Id,bdtr. Eaaudt 2r

    \ \reidn Eaaudt

    \reidn Eaaudt 2r\ [& @ Eaaudt [&@ E'a 2r

    (\r! ! /rss [r!it)   \ \reidn E'a

    (\r! ! /rss @ss)

     

    A`hsidn (dtribs-\reidn #%a

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    (/s Q` et Q[)   (/s Q` et Ast)

    Qe`bs  Ahst hf nhhls Qh`l

      Nrhss [rhfit

    Ahst hf nhhls Qh`l !p" Qtha# $ Dbt [uragesbs $ %irbat

    'pbdsbs ( A`hsidn Qtha# 

    E9ustb [uragesbs + Dbt $uragesbs 3 H$ Qta; : A` Qta; 

    Qta; \urd,br ]eti(id tiobs) + AH/Q'E,n Qta; 

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    \relidn )b`etihds* Ahst+ Qe`bs + [rhfit,

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    /[ 8enb% dbbs t "b rb,ib-b + d Qe`bs r Hd Ast

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    f N[ is ."; hd Qe`bs5 Qe`bs =11+ N[ ."+ Ahst*A!NQ,

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    /rss [r!it'@ss id \reidn E'a is \reds!brrb t [&@

    ]bars tgb "usidbss b#$bdsbs & idaobs dt irbat`. rb`etb t

    ns'$bretids(Idirbat B#$bdsbs'Idaobs)

    \gb b#$bdsbs ! [&@ aed "b aetbnrizb es

    Eoidistreti,b% Fidedab% 2b$rbaietid % Qb``idn & 2istri"utid

    b#$bdsbs

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    [brsde` b#$bdsbs(2re-idns) sgu` dt "b ida`ub% t "b

    buatb !ro Ae$ite` E'a (2b"itb)

    I! Idaob(Ar Qib) B#$bdsbs(2r Qib)+ Dbt [r!it

     Dbt @ss i! ,iab ,brse

     Dbt [r!it + Eb t Ae$ite` E'a (Arbitb)

     Dbt @ss + 2buatb !ro Ae$ite` E'a (2b"itb)

    "rht ! @hss #%a

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    "ertia$`ers #oh$dt

    "ertia$`ers #oh$dt

    \ /rss @ss "'

    Oedenbobdt b'pbdsbs\ Qe`eribs\ H!!iab rbdt% retbs ed te#bs\ \b`b$gdb agernbs\ [stenb ed tb`bnreos\ IdsuredabOeidtbdedab b'pbdsbs

    \ ]b$eirs ed rbdb-e`s\ 2b$rbaietidQb``idn edl listri6utihd b'pbdsbs+\ Aerrienb ut-ers\ *e b"ts\ [r,isid !r "e b"ts\ Qb``idn aooissid

    >idedaie` b'pbdsbs\ *ed; agernbsE6dhroe` ̀ hssbs\ @ss d se`b ! oeagidbr.\ @ss d se`b ! id,bstobdt\ Dbt [r!it (treds!brrb t Ae$ite` E'a)(*e`edaidn Finurb)

    *. /rss [r!it "'

    !tgbr idahob*. 2isaudt rbabi,b*. Aooissid rbabi,bDhd-trelidn idahob*. *ed; idtbrbst*. ]bdt ! $r$brt. `bt>ut

    *. 2i,ibd !ro sgerbsE6dhroe` neids*. [r!it d se`b !oeagidbr.*. Dbt @ss (treds!brrb tAe$ite` E'a) (*e`edaidn

    Finurb)

    &hroet

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    [&@ E/a %r" [&@ E/a %r"

      \h Qe`eribs E/a   \h Aepite` E/a

      \h )bdt E/a  *Dbt [rhfit,- Ar" Me`edab

      \h dtbrbst E/a

      \h !tgbr 'pbdsbs E/a

      *tbos-lb6itbl,Aepite` E/a %r"

      \h [&@ E/a

    %isahudt )babi7bl E/a %r" *Dbt @hss- %r" Me`edab,

    Mel lb6ts )bah7brbl E/a %r"

    \h [&@ E/a*tbos- Arblitbl,

    A`hsidn (dtribs

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    \gis is tgb `est stetbobdt t "b $rb$erb id tgb Eaaudtidn

    [rabss'Fide` Eaaudts

    *Dht ed E/a,

    E [hidt Qtetbobdt *lbpiats tgb eaauou`etbl fidedaie` phsitihd

    hf tgb 6usidbss sidab stertidn,

    9[hsitihd Qtetbobdt/ Qtetbobdt hf effeirs3

    =E Qtetbobdt -giag sbts ut tgb essbts & `ie"i`itibs ! e !iro r ed

    idstitutid es et e abrteid etb1

    ,e`edab *gbbt

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    \gis $r,ibs tgb Eaaudtidn BMuetid

    =Essbts : @ie6i`itibs $ Aepite` *!0dbr?s b4uit8)1

    B,br. \redseatid u`tioetb`. e!!bat tgb *e`edab Qgbbt

    Adab$ts usb id *'Q + 9Kisthriae` Ahst & Qbperetb 6usidbss

    bdtit83

    \gis ida`ubs tgb "e`edabs ! rbe` & $brsde` eaaudts. 

    ,e`edab *gbbt

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    d-d es = Oersge``idn ! *e`edab Qgbbt1

    Id @iMuiit. Hrbr 

    (Qgrt tbro essbts+

    besi`. "b ad,brtb idt aesg

    t @dn tbro essbts)

    [broedbdab rbr 

    (@dn tbro essbts t @iMui essbts)

     Dtb + /bdbre``. tgb [broedbdab rbr is usb

    #rrednbobdt h ,e`edab*gbbt

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    @iei`itibs #oh$dt #ssbts #oh$dt

    Aepite`

     E + Dbt $r!it @bss + 2re-idns

    @hdn tbro @heds\bro @eds@eds d ortnenbsAurrbdt @ie6i`itibs

    Hutstedidn b#$bdsbs*ed; ,brre!t

    Qudr. arbitrs*i``s $e.e"`b[rh7isihd

    [r,isid !r te#etid

    \edni6`b >i'bl essbts

    @ed ed "ui`idn[`edt ed oeagidbr.

    Furditurb ed !i#turbsdtedni6`b >i'bl Essbts

    /-i``[etbdtsd7bstobdts

    Aurrbdt Essbts

    Qta; Qudr. b"trsId,bstobdts*i``s rbabi,e"`bAesg et "ed; Aesg id ged

    &hroet /id "broedbdabhrbr


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