Station Balance Sheet -
Station Balance Sheet is a monthly statement which is prepared in prescribed
format and sent to Accounts Office. It has two parts. Left side is known as “Debit”
side and right side as “Credit” side.
Debit side indicates the responsibilities of station, which are posted under
heads- opening balance, current debits, and special debits. All responsibilities are
posted separately as per service. Credit side indicates discharge of responsibilities
which are posted under the heads- cash & cash vouchers and special credits. Apart
from this closing balance is also shown on credit side. This indicates un-discharged
responsibilities of station at the end of the month. Closing balance is also known as
‘station outstanding’.
Debit and credit sides are totalled separately which should be equal. Coaching
Balance Sheet should be prepared by 3rd of the following month and submitted to
Accounts Office by 5th of the following month
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