Final account format of Companies

1. VIRUDHUNAGAR
Dr.(Mrs.) P.T. KANTHIMATHI,
M.Com., M.Phil., PGDCA, Ph.D., M.B.A
Assistant Professor & Head
Department of Commerce

2. • Statement of Profit & Loss Account
• Statement of Balance Sheet
(As per revised schedule VI)
Financial statements

3. Statement of Profit & Loss Account
Particulars Note No
Revenue from Operations 1 xxx
Other Income 2 xxx
Total Revenues (A) xxx
Cost of Materials consumed 3 xxx
Employee Benefit Expenses 4 xxx
Finance Costs 5 xxx
Depreciation & Amortization Expenses 6 xxx
Other Expenses 7 xxx
Total Expenses (B) xxx
Profit before tax (A–B) xxx

4. Statement of Profit & Loss Account
Particulars Note No
(–) Extraordinary items
Speculation loss xxx
Loss on account of fire xxx
Loss to natural calamities
(Floods, Earthquakes)
xxx
xxx
(–) Current tax xxx
Contd…

5. Statement of Balance Sheet
Particulars Note No
I Equity and Liabilities
i) Share holders fund
Share Capital 1 xxx
Reserves and Surplus 2 xxx
Money received against Share Warrants 3 xxx
ii) Non Current Liabilities
Long term Borrowings 4 xxx
Deferred tax liability 5 xxx
Other Long Term Liabilities 6 xxx
Long term Provisions 7 xxx
Contd…

6. Statement of Balance Sheet
Particulars Note No
ii) Current Liabilities
Short term Borrowings 8 xxx
Trade Payables 9 xxx
Other Current Liabilities 10 xxx
Short term provisions 11 xxx
Total xxx
Contd…

7. Statement of Balance Sheet
Contd…
Particulars Note No
II Assets
i) Non Current Assets
a) Fixed Assets
Tangible asset 12 xxx
Intangible asset 13 xxx
Capital Work in Progress 14 xxx
Intangible Assets under development 15 xxx
b) Non Current Investment 16 xxx
c) Deferred Tax Assets 17 xxx
d) Long term loans & Advances 18 xxx
e) Other non current assets 19 xxx

8. Statement of Balance Sheet
Particulars Note No
ii) Current Assets
Current investments 20 xxx
Inventories 21 xxx
Trade receivables 22 xxx
Cash and cash equivalents 23 xxx
Short term loans and advances 24 xxx
Other current assets 25 xxx
Total xxx
Contd…