Please help in getting this balance sheet right as on 31Mar16… Here is the info available for BS: Proprietor capital into the business (at the beginning of the year in bank account)= Rs.10000 Liabilities = Nil Fixed asset (depreciated cost of the laptop) = Rs.20000 Amount moved to personal account (personal drawing) from business earnings (How to account this in balance sheet?) = Rs. 150000 Cash in hand (Bank balance as on 31Mar16) = Rs.93000 Information from P&L for FY: Revenue = Rs.233000 Expenses = Rs.20000 (made thru personal account – should this be additional proprietor capital?) Depreciation = Rs.20000 Profit before tax = 193000 Provision for tax/ deferred tax = 0 So Profit after tax = 193000 Please help complete this balance sheet (asset and liabilities sides). Thanks.