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 aremposted 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’.
