SATYAM STEEL CORPORATION

68,CENTRAL MARKET GILL ROAD MILLER GANJ, LUDHIANA-141003

Trial Balance
As On : 31-3-2014
Account/Group Name
Capital Account
. Reserves & Surplus

Debit Bal.

. CAPITAL RAJ PAL & SONS

Current Assets
. Bank Accounts
. Cash-in-hand
.

Cash

. Loans & Advances (Asset)

. Securities & Deposits (Asset)
. Stock-in-hand
.

Stock

. Sundry Debtors

All Accounts
Credit Bal.
74,219.18
74,219.18

79,11,393.00
1,79,025.51
1,79,025.51

18,96,000.00
18,96,000.00

58,35,574.49

A. P INTERNATIONAL

91,353.00

Aaryan Enterprises

60,873.00

AJAY EXPELLER WORKS

60,214.00

ANAND TRADERS

ANOOP GEARS

ANOOP INDUSTRIAL CORPORATION

B.K PLASTIC MACHINERY

50,652.00

BHODAY AGRICULTURE WORKS

31,120.00

Bhushan Engineers

6,86,623.00

D.R.KHULLAR & SONS

1,06,310.00

DARSHAN ENGINEERING WORKS

11,259.00

DEMSO ENTERPRISES

25,906.00

DES RAJ AND SONS

76,161.00

G.H PANESAR MACHINE TOOLS

17,025.00

G.K. INDTECH

G.N.B.BIKE (REGD.)

23,464.00

G.S MACHINE TOOLS

20,053.00

GANPATI EXPELLER INDUSTRIES

31,769.00

GANPATI H/W & PAINT STORE

39,069.00

GHOURI ENTERPRISES

H.S VIRDI ENTERPRISES

HANSPAL ENGINEERING WORKS

ISKCON STEELS

32,033.99

JOGINDER SINGH TEJVINDER SINGH

84,756.00

K.K.AGGARWAL & SONS

16,090.00

KARAM EXPELLER CO.

52,324.00

M.K MACHINE TOOLS

8,79,183.00

MAHAJAN EXPELLER INDUSTRIES

1,80,072.40

N.S UDYOG

NARESH EXPELLER INDUSTRIES

OM GEARS

PANESAR MACHINERY CORPORATION

PRABHGUNRAJ & CO.

6,550.00
1,681.00
2,71,306.00

600.00

2,79,159.00
25,847.00
9,468.00

3,925.00
34,720.00
6,936.00
20,776.00
12,80,014.00

RAKESH EXPELLER CO.

46,759.00

SAFRUDIN AND COMPANY

38,161.00

SAMRAT MACHINE TOOLS

6,54,489.00

SAMRAT MECHANICAL WORKS

SANMAN STEEL CORPORATION

SHANKER TOOLS CORPORATION

SHREE BALAJI INDUSTRIAL CORP.

SUDHIR ENGINEERING WORKS

SURINDER MACHINERY WORKS

V.K.ENGINEERING WORKS

Y.K. INTERNATIONAL

. Pre Paid Insurance

9,200.00
1,02,596.00
41,928.00
5,08,688.00
56,893.00
2,97,463.90
62,047.00
1,16,747.00
793.00

Current Liabilities
. Duties & Taxes
.

Central Sales Tax

VAT

5,99,563.30
9,513.00
28.00
9,485.00

. Provisions/Expenses Payable
. Sundry Creditors
.

ANIL TRADERS(DHURI)

CHARANJI LAL MANOHAR LAL

CRYSTAL ALLOYS AND CASTINGS PVT.LTD.

GAURAV INDUSTRIES

GOYAL UDYOG

K.S.TRADING CO.

UNITED WIRE PRODUCTS

5,12,776.30
56,051.00
3,94,289.10
10,520.00
1,13,220.20
51,174.00
2,704.00
17,960.00

. Audit Fee Payable

11,000.00

. Electricity Exp. Payable

1,690.00

. RENT PAYABLE

48,000.00

. T.D.S. A/C

15,739.00

. Telephone Exp. Payable

Fixed Assets
. Car A/c

845.00

1,23,114.00
1,16,697.00

. Computers

1,834.00

. CYCLE

2,398.00

. Fan A/c
. Furniture & Fixture

260.00
1,420.00

. Mobile Phone

313.00

. Scale A/c

192.00

Investments
Loans (Liability)
. Bank O/D Account
.

HDFC BANK

. Secured Loans
. Unsecured Loans

67,02,088.76
27,47,094.76
27,47,094.76

39,54,994.00

PRIYAVART

RAJ PAL

ROHINI D/O RAJ PAUL

SATYAVARAT

17,37,533.00

SWARN KANTA

11,25,354.00

Pre-Operative Expenses
Profit & Loss

87,211.00
9,82,778.00
22,118.00

Revenue Accounts
. Expenses (Direct/Mfg.)
.

6,58,635.76
1,44,061.00

Freight & Cartage Inward

1,44,061.00

. Expenses (Indirect/Admn.)

9,04,757.94

AUDIT FEE

Bank Charges

11,000.00
9,952.85

Bank Interest

3,36,966.00

CAR EXP.

10,500.00

CARTAGE OUTWARD

38,214.00

Depreciation A/c

23,831.00

Electricity A/c

12,960.00

ENTERTAINMENT

14,235.00

FEE & TAXES

Insurance A/c

887.00

INTEREST A/C

2,96,803.00

Legal Expenses

5,250.00

Printing & Stationery

1,250.00

PROPERTY TAX

2,546.00

REBATE A/C

RENT A/C

48,000.00

Salary

83,000.00

Telephone Expenses

8,821.00

VAT ASSESMENT

1,810.00

WATER AND SEWRAGE EXP.

2,268.00

890.00

4,425.91

. Income (Direct/Opr.)
. Income (Indirect)
. Purchase

1,55,62,190.30

PURCHASE 2.75%

16,25,347.53

PURCHASE 4.5%

1,24,17,494.66

PURCHASE 5.5%

11,68,185.11

PURCHASE TAXFREE

VAT REVERSAL

3,44,825.00
6,338.00

. Sale

1,72,69,645.00

SALE CENTRE 6.05%

SALE RETAIL 13%

4,782.50

SALE RETAIL 4.5%

1,300.00

SALE RETAIL 5.5%

42,173.00

SALE TAX FREE

4,53,450.00

SALE VAT 2.5%

13,48,317.00

SALE VAT 4.5%

1,42,64,010.00

SALE VAT 5.5%

11,44,912.50

10,700.00

Suspense Account
Total

2,50,24,858.05

2,50,24,858.05