1. Please indicate of draw Financial Statement of a company and two examples for Current Assets...

1. Please indicate of draw Financial Statement of a company and two examples for Current Assets of a company.

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Financial Statement of a company

Balance Sheet as at 31st March, 20.....

Particulars Note No. Current reporting period Previous reporting period I. EQUITY AND LIABILITIES 1) Shareholder’s Funds (a) Share Capital (b) Reserves and Surplus (c) Money received against share warrants 2) Share Application money pending allotment 3) Non-current Liabilities (a) Long term borrowings (b) Deferred tax liabilities (net) (c) Other long term liabilities (d) Long term provisions 4) Current Liabilities (a) Short-term borrowings (b) Trade payables (c) Other current liabilities (d) Short-term provisions Total II. ASSETS 1) Non-Current Assets (a) Fixed assets (i) Tangible assets (ii) Intangible assets (iii) Capital work-in-progress (iv) Intangible assets under development (b) Non-current investments (c) Deferred tax assets (net) (d) Long-term loans and advances (e) Other non-current assets 2) Current Assets (a) Current investments (b) Inventories (c) Trade receivables (d) Cash and cash equivalents (e) Short term loans and advances (f) Other current assets Total

Examples for Current Assets of a company are Cash and Equivalents, Accounts Receivable and Inventory.

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