Balance Sheet Format Flashcards
Liabilities
Non current Liabilities
Long term borrowings
Deferred Tax Liabilities
Long term provisions
Liabilities
Current Liabilities
Short term borrowings
Trade payable
Other current liabilities
Short term provisions
Assets
Non current assets
Fixed assets
Non current investments
Deferred tax assets
Long term loans and advances
Assets
Current assets
Current investments
Inventories
Trade receivables
Cash and bank balance
Short term loans and advances
Other current assets
Foot note
Contingent liabilities
Commitments
Long term borrowings
Debentures, bonds , premium on redemption of Debentures, term loan from bank , loan from other parties , public deposits
Long term provisions
Provision for employee benefits,
Provision for provident fund , Provision for warranties
Short term borrowings
Bank overdraft, cash credit
Trade payables
Sundry creditors
Bills payable (Trade payable)
Other current liabilities
Current maturities of long term debts
Interest accrued but not due on borrowings
Interest accrued and due on borrowings
Income received in advance
Unpaid dividend
Unclaimed dividend
Outstanding expense
Calls in advance and Interest thereon
Provident fund payable
Short term provisions
Provision for tax
Provision for doubtful debts
Fixed Assets
Tangible Assets
Intangible Assets
Tangible Assets
Such as land , buildings, plant , furniture and fixtures, live stock , computers , vehicles , office equipments
Intangible Assets
Goodwill , patents , computer software
Non current investments
Investment in [ equity shares , preference share, government or trust securities, debentures or bonds , mutual funds ]
Long term loans and advances
Security deposit with electricity Co (getting loan above 1 yr)
Current investments
Short term investments
Inventories
Raw materials, work inprogress , finished goods , stock in trade , loose tools , goods in transit
Trade receivables
Sundry debtors , trade receivables
Short term loans and advances
Advances recoverable in cash
Other current assets
Prepaid exp
Dividend receivables
Accrued income
Advance tax
Contingent liabilities
Claims against the company not acknowledged as debts
Bills discounted but not matured
Proposed dividend for current year
Guarantees given by the company
Commitments
Contracts remaining to be executed
Uncalled liabilities on partly paid shares
Arrears of dividend on cumulative preference shares
