Do source of funds and application of fund have to be same in balance sheet?

Yes, it should be same, may be through creditors or loans in the referred case.

Can i show the total value of application of funds in proprietor's fund to match the numbers?

Yes, why not?             

ok

Thanks. 

My pleasure.                

Accounting for Proprietor's Funds When preparing financial statements, it's essential to accurately represent the application of funds.

 If you're considering showing the total value of application of funds in proprietor's funds to match the numbers, consider the following:

Proprietor's Funds Proprietor's funds typically include the owner's capital, retained earnings, and any other reserves.

When accounting for the application of funds, ensure that you're accurately reflecting the sources and uses of funds. Matching Numbers If you're trying to match the numbers, consider the following options: -

*Review Financial Statements*: Ensure that your financial statements are accurate and complete. -.

*Reconcile Accounts*: Reconcile any discrepancies in your accounts to ensure that your financial statements are balanced. -

*Seek Professional Advice*: Consult with a qualified accountant or financial advisor to ensure that your financial statements are accurate and comply relevant accounting standards.

Accounting Standards When preparing financial statements, it's essential to comply with relevant accounting standards,

such as: - *Generally Accepted Accounting Principles (GAAP)*: Ensure that your financial statements comply with GAAP or other relevant accounting standards.

- *Financial Reporting Standards*: Comply with financial reporting standards, such as those issued by the Financial Accounting Standards Board (FASB) or the International

Accounting Standards Board (IASB). Recommendations - *Consult a Professional*:- *Verify Requirements*: Confirm the specific requirements for financial reporting and accounting in your jurisdiction.