How to prepare the balance sheet

sales         2400000

gp @ 25%   600000

cogs          1800000

so use stock turnover ratio to get closing stk 200000

use avg collection period to get debtors         300000

use fixed assets turnover ratio to get fixed assets 2000000

use fixed assets to net worth to get net worth         1600000

share capital + reserve= net worth

using this get share capital  1333333 & reserves 266667

use debt equity ratio to get debt 960000 (equity = net worth)

working capital=net worth + debt - fixed assets

so working cap will be 560000

also working cap = current assets - current liabilities

use this  and current ratio to get

current liabilities 2240000 & current assets 2800000

quick assets = current assets - stock =2600000

so using quick ratio we get quick liabilities 2080000

quick liabilities = current liabilities - bank overdraft

so bank over draft =160000

using this u can prepare balance sheet 

balance sheet (vertical form) total= 2560000