Synphony Theater

Cash Account (for the year ended 31-12-2000)

Rs. Rs.

SP Capital 20,000,000 Land 8,000,000

MM Capital 20,000,000 Building 25,000,000
Loan 10,000,000 SS & Project 10,000,000
Personal Loan 5,000,000 Furniture 5,000,000
Air Conditioner 5,000,000
Com. Network Exp. 125,000

Closing Balance 1,875,000

55,000,000 55,000,000
Cash Account (for the year ended 31-12-2001)
Opening Balance 1,875,000 Rent Expenses 80,000
Cafetaria Rent Income 60,000 Property Tax 1,500,000
Advertisement Screening 300,000 Insurance Premium 300,000
Rent Revenue 4,900,000 Electricity Expenses 1,320,000
155000 Cleaning Material Consump. 360,000
150,000 Stationary 24,000
1950000 Salary Expenses 1650000
1025000 Interest Expenses 1,700,000
1505000 Loan Repayment 1,500,000
650000 Closing Balance 4136000
12,570,000 12,570,000
Synphony Theater
Balance Sheet 31-12-2001 Rs.

Cash 4136000
Receivable from Adertisement 50000
Prepaid Rent 15000
Prepaid Insurance 200000
Prepaid Muncipal Tax 300000
Rent Receivable (3,95,000-1,9 200000
Sationary Stock 4000
Land 8000000
Building ( 250,00,000 - 10,00, 24000000
SS & Project (100,00,000 - 5,0 9500000
Furniture (50,00,000 - 5,00,00 4500000
Air Conditioner (50,00,000 - 5 4750000
Integrated Com System (11000 88000
TOTAL ASSETS 55743000
Owner's Capital 40,000,000
Retained Earnings 1,323,000
Financer Loan 9,000,000
Loan A/c 4,500,000
Outstanding Salary 150,000
Tickets Receipts Payable 650,000
Outstanding Electricity Expens 120,000
TOTAL LIABILITY 55,743,000
 Synphony Theater
Profit and Loss A/c

Depreciation 2,272,000 Theater Rent Revenue 10,080,000

Building: 1000000 5250000 30x175000
SS & Project: 500000 350,000 penalty
Furniture: 500000 1950000 10x195000
Air Conditioner: 250000 1025000 5x205000
Com. Network: 22,000 1505000
Salary Expenses 1800000 Cafeteria Rent Income 60,000
Stationary exp 20,000 Advertisement Screening 350,000
Electricity Expenses 1,440,000
Rent Expenses 80,000
Property Taxes 1,200,000
Insurance Exp. 100,000
Provision for Doubtful Debt 195,000
Interest Expenses 1,700,000
Cleaning Material Consump. 360,000
Net Operating Profit 1,323,000
10,490,000 10,490,000

Balance Sheet as on 31-12-2000 (Opening)

Assets:
Land 8000000
Building 25000000
Sound Syst & Proj Equip 10000000
Furnitures & Fixtures 5000000
Air conditioning system 5000000
Integrated com. System 125000
Cash in Hand 1875000
Total Asseta 55000000
Liabilities
SP Capital 20000000
MM Capital 20000000

Loans from Pvt Agencies 10000000

Loan from Friends & relatives 5000000

Total Liabilities 55000000

10080000