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Accounts


INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31ST MARCH 2022

EXPENDITURE Amount INCOME Amount
To Association & Celebration 8,800.00 By Tuition Fees Received 27,75,360.00
" AdvertisementExpenses 20,540.00 " Examination Fee Received 15,925.00
" Cleaning Expenses 3,000.00 " Interest Received 2,631.00
" Interest & Bank Charges 8,099.00
" Electricity Charges 22,965.00
" Printing & Stationery 10,300.00
" Postage & Courier Charges 445.00
" Refreshment Expenses 16,847.00
" Repairs & Maintenances 12,400.00
" Salaries & Allowances 24,86,650.00
" Travelling Expenses 2,015.00
" Student Welfare Expenses 84,740.00
" Study Material Expenses 50,000.00
" University Affiliation Fees paid 1,32,300.00
" Depreciation 1,84,481.00 " Excess of Expenditure over Income 2,49,756.00
TOTAL 30,43,572.00 TOTAL 30,43,572.00

INCOME AND EXPENDITURE ACCOUNT FOR YEAR ENDED 31ST MARCH 2023

EXPENDITURE Amount INCOME Amount
To Advertisement Expenses 10,000.00 By Tuition Fees Received 56,73,187.00
" Cleaning Expenses 2,970.00 " Miscellaneous Income 37,606.00
" Community Living Camp 93,188.00 " Interest Received 16,781.00
" Donation & Charity 36,600.00
" Interest & Bank Charges 21,896.00
" Electricity Charges 32,980.00
" Examination Expenses 32,000.00
" Ground Rent 1,500.00
" Licence Fee & Legal Charges 5,295.00
" Miscellaneous Expenses 10,000.00
" Newspaper & Periodicals 2,120.00
" NOC Expenses 5,180.00
" Printing & Stationery 30,610.00
" Postage & Courier Charges 514.00
" Refreshment Expenses 25.681.00
" Repairs & Maintenances 15,660.00
Repairs & Maintenances - Computer 17,930.00
" Salaries & Allowances 31,31,927.00
" Travelling Expenses 10,230.00
Student Welfare Expenses 98,279.00
Study Material Expenses 70,000.00
University Affiliation Fees 1,32,300.00
University Union Fee 4,330.00
Audit Fee 59,000.00
Depreciation 2,30,324.00
Excess of Income over Expenditure 16,47,060.00
TOTAL 57,27,574.00 TOTAL 57,27,574.00

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2022

PARTICULARS RECEIPTS PAYMENTS
Cash in Hand -
Cash at Bank
State Bank of India A/c No : 13299 4,440.00
Punjab National Bank A/c No : 117794 5,497.00
Tuition Fees Received 27,75,360.00
Examination Fee Received 15,825.00
Interest Received 2,631.00
Association & Celebration 9,900.00
Advertisement Expenses 20,540.00
Cleaning Expenses 3,000.00
Interest & Bank Charges 8,099.00
Electricity Charges 22,965.00
Printing & Stationery 10,300.00
Postage & Courier Charges 445.00
Refreshment Expenses 16,947.00
Repairs & Maintenances 12,400.00
Salaries & Allowances 23,03,150.00
Travelling Expenses 2,015.00
Student Welfare Expenses 94,140.00
Study Material Expenses 50,000.00 K2
University Affiliation Fees 1,32,300.00
Building 1,78,800.00
Computer & Accessories 19,300.00
Library 5,440.00
Photocopier 45,000.00
Salary Payable 1,82,500.00
Loan 10,30,077.00 5,29,999.00
Fixed Deposit 8,00,000.00 5,00,000.00
Cash in Hand -
Cash at Bank :
Punjab National Bank A/c No : 1 17794 4,97,301.00
TOTAL 46,33,830.00 46,33,830.00

RECEIPTS AND PAYMENTS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2023

PARTICULARS RECEIPTS PAYMENTS
Cash in Hand -
Cash at Bank
Punjab National Bank A/c No: 117794 4,97,301.00
Tuition Fees Received 56,73,187.00
Miscellaneous Income 37,606.00
Interest Received 16,781.00
Advertisement Expenses 10,000.00
Cleaning Expenses 2,970.00
Community Living Camp 93,188.00
Donation & Charity 36,600.00
Interest & Bank Charges 21,896.00
Electricity Charges 32,980.00
Examination Expenses 32,000.00
Ground Rent 1,500.00
Licence Fee & Legal Charges 5,295.00
Miscellaneous Expenses 10,000.00
Newspaper & Periodicals 2,120.00
NOC Expenses 5,180.00
Printing & Stationery 30,610.00
Postage & Courier Charges 514.00
Refreshment Expenses 25,681.00
Repairs & Maintenances 15,660.00
Repairs & Maintenances - Computer 17,930.00
Salaries & Allowances 28,77,025.00
Travelling Expenses 10,230.00
Student Welfare Expenses 98,279.00
Study Material Expenses 70,000.00
University Affiliation Fees 1,32,300.00
University Union Fee 4,330.00
Audit Fee 59,000.00
Building 19,06,160.00
Furniture & Fixtures 60,836.00
Library 12,440.00
Salary Payable 1,83,500.00
Loan 38,000.00
Cash in Hand -
Cash at Bank:
Punjab National Bank A/c No: 117794 5,04,651.00
TOTAL 62,62,875.00 62,62,875.00

BALANCE SHEET AS AT 31-03-2022

Balance as on 31.03.2021 LIABILITIES Addition/Deductions Balance as on 31.03.2022
37,97,647.00 GENERAL F'UND
Addition during the Period
Deduction during the Period
Less : Excess of Expenditure over Income
37,97,647 .00
-
-
2,49,756.00
35,47,891.00
CURRENT LIABILITIES
1,82,500.00 Salary Payable 1,83,500.00
- Loan Received 5,00,179.00
39,80,147.00 TOTAL 42,31,570.00

Balance as on 31.03.2021 ASSETS Addition/Deductions Balance as on 31.03.2022
24,58,210.00 FIXED ASSETS
(As per Schedule - I)
25,22,269.00
DEPOSITS & ADVANCES
12,000.00 Electricity Deposit 12,000.00
15,00,000.00 Fixed Deposit 12,00,000.00
CASH AND BANK BALANCES
- Cash in Hand -
5,497.00 Punjab National Bank A/c No : 117794 4,97,301.00
4,440.00 State Bank of India A/c No :13299 -
39,80,147.00 TOTAL 42,31,570.00

BALANCE SHEET AS AT 31.03.2023

Balance as on 31.03.2022 LIABILITIES Addition/Deductions Balance as on 31.03.2023
35,47,891.00 GENERAL FUND
Addition during the Period
Deduction during the Period
Add : Excess of Income over Expenditure
35,47,891.00
-
-
16,47,060.00
51,94,951.00
CURRENT LIABILITIES
1,83,500.00 Salary Payable 2,54,902.00
5,00,179.00 Loan Received 5,38,179.00
42,31,570.00 TOTAL 59,88,032.00

Balance as on 31.03.2022 ASSETS Addition/Deductions Balance as on 31.03.2023
25,22,269.00 FIXED ASSETS
(As per Schedule - I)
42,71,381.00
DEPOSITS & ADVANCES
12,000.00 Electricity Deposit 12,000.00
12,00,000.00 Fixed Deposit 12,00,000.00
CASH AND BANK BALANCES
- Cash in Hand -
4,97,301.00 Punjab National Bank A/c No : 117794 5,04,651.00
42,31,570.00 TOTAL 59,88,032.00
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