The Maharashtra Cooperative Societies Rule 1961
MCS Rule Forms
Form 'N' Profit and Loss Account
| Last Year's Figures | Expenditure | This year's Figures | Last year's Figures | Income | This Year's Figures | ||
| Rs nP | Rs. nP | Rs. nP | Rs. nP | ||||
| ... | (1) | Interest :
(a) Paid Rs.
Payable Rs.
|
... | ... | (1) | Interest Received :
On loans and advances
On investment
|
... |
| ... | (2) | Bank Charges | ... | ... | (2) | Dividend received on shares | ... |
| ... | (3) | Salaries and Allowances of staff | ... | ... | (3) | Commission | ... |
| ... | (4) | Contribution to staff provident fund | ... | ... | (4) | Miscellaneous income (a) Share Transfer fee
Rent
Rebate in interest
Sale of forms
others items
|
... |
| ... | (5) | Salaries and Allowances of managing Director | ... | ... | (5) | Land Income and Expenditure accounts | ... |
| ... | (6) | Attendence fees and travelling expenses of Directors and Committee Members | ... | ||||
| ... | (7) | Travelling expenses of staff | ... | ... | (7) | ... | |
| ... | (8) | Rent,rates and taxes | ... | ... | (8) | ... | |
| ... | (9) | Postage, Telegram and Telephone charges | ... | ... | (9) | ... | |
| ... | (10) | Printing and Stationary | ... | ... | (10) | ... | |
| ... | (11) | Audit Feed | ... | ... | (11) | ... | |
| ... | (12) | (Contingencies) General expenses | ... | ... | (12) | ... | |
| ... | (12) | (Contingencies) General expenses | ... | ... | (12) | ... | |
| ... | (13) | Bad Debts written off or provision made for bad debts | ... | ... | (13) | ... | |
| ... | (14) | Depreciation on fixed assets | ... | ||||
| ... | (15) | Land Income and Expenditure account | ... | ||||
| ... | (16) | Other | ... | ||||
| ... | (17) | Net Profit carried to Balance Sheet | ... | ||||
Note:
In the case of marketing societies, consumers' societies and similar other
societies which have undertaken trading activities, the Profit and Loss Account shall
be divided into two parts showing separately the trading account and the Profit and
Loss Account. In case of producers' societies, processing societies/ forest labourer's
societies and offer societies which have undertaken production activities, the
manufacturing account shall also be prepared in addition. -
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