Balance Sheet of a Student

Specimen of balance sheet of a concern

Liabilities Amount Assets Amount

Capital Current Assets
Reserve Fixed Assets
Provisions Fictitious Assets
Outside liabilities
The balance sheet of a student life is similar to balance sheet of a concern.

The liabilities of student’s balance sheet are discussed below

1 Capital:- The first liability of a student stands in liability side of balance sheet.
It will involve his contribution, efforts, attempts and his devotions to his study
life. It doesn’t involve any risk and it is accelerated through student’s internal
urge. It is boundary less investment, made by a student

2 Reserve and Surplus:- The second liability stands in the liability side of
balance sheet. This is accumulation of credits made by the student from his prior
experience and knowledge which he utilised from time to time as and when
required.

3 Provisions:- The third liability stands in liability side of balance sheet . The
liability is provided by the student for his uncertain future. He builds up expected
aim and executes the plans according to his pre decided or pre determined
desired results.

4 Outside Liability:-The fourth item stands in the balance sheet. This includes
his respect regarding his teachers, parents and his youngers. This represents his
responsibilities and honesty towards them. What

The assets of a student’s balance sheet are discussed as below

1 current Assets:- The first assets stands in balance sheet . Current assets
include his book and knowledge which goes on changing as he move upward in
his life. These assets help the student in smooth achievement.

2 Fixed Assets:-The second assets item, stands in balance sheet. Fixed asset of
a student is his brain. The value of such assets never diminishes .This assets
provide the student of a fair rate of return in such a way so that he never mends
his ways.
3 Fictitious Assets:- This is the and last item, show in assets of balance sheet .
These assets include the blessings, received by a student from his teachers and
elders. It also represents his hard working and faithful determination.

The balance sheet of a concern is prepared at cost, but balance sheet of a

student is prepared on the basis of loyalty (obedience).

As per the balance sheet of a student, if any student opt the describe structure
of assets and liabilities, he will always succeed and his misfortune will also get
converted in fortunes.

Submitted By

ANURADHA KALIA

MBA 2ND SEM, 2107