Hi
Please anybody can share Residential (Apartment Association) Income & Expenditure Formate
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Residential (Apartment) Income & Expenditure & balance sheet
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Hey Niranjan! Here’s a simple Income & Expenditure Statement format for a Residential Apartment Association, along with a basic Balance Sheet format.
Residential Apartment Association
Income & Expenditure Statement
For the Year Ended [Date]
| Particulars | Amount (₹) | Amount (₹) |
|---|---|---|
| Income | ||
| Maintenance Charges | XXXX | |
| Interest on Bank Deposits | XXXX | |
| Other Income (e.g., parking fees, fines) | XXXX | |
| Total Income | XXXX | |
| Expenditure | ||
| Salaries / Wages | XXXX | |
| Electricity & Water Charges | XXXX | |
| Repairs & Maintenance | XXXX | |
| Security Expenses | XXXX | |
| Administrative Expenses | XXXX | |
| Insurance Premium | XXXX | |
| Other Expenses | XXXX | |
| Total Expenditure | XXXX | |
| Surplus / (Deficit) for the Year | XXXX |
Balance Sheet of Residential Apartment Association
As at [Date]
| Particulars | Amount (₹) | Amount (₹) |
|---|---|---|
| Liabilities | ||
| Security Deposits from Members | XXXX | |
| Outstanding Expenses | XXXX | |
| Advance Maintenance Charges | XXXX | |
| Fund Reserves / Surplus | XXXX | |
| Total Liabilities | XXXX | |
| Assets | ||
| Cash in Hand / Bank | XXXX | |
| Advances and Deposits | XXXX | |
| Fixed Assets (if any) | XXXX | |
| Outstanding Receivables | XXXX | |
| Total Assets | XXXX |
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