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| Audit Report |
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| RAJASTHAN EDUCATION INSTITUTE & HEALTH SOCIETY |
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| Near Railway Crossing, Dausa ( Rajasthan )
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| SIGNFICANT ACCOUNTING POLICIES & NOTES ON ACCOUNTS |
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A. SIGNIFICANT
ACCOUNTING POLICIES :
a) The society
follows the mercantile system of accounting RBCognizing income &
expenditure on accrual basis.
b) Fixed Assets are states
at Cost, Cost comprises the purchase price and other attributable
expenses.
c) DepRBCiation has been
provided during the year as per W.D.V. Method.
d) 1/5th of Pre- operative
expenditure are written off during the year.
B. NOTES ON ACCOUNTS :
a) The figures have been
rounded off to the nearest rupee.
b) The Balance of the
Loan and advances are subject to their confirmation.
c) In Opinion of the board
and to the best of their knowledge & belief the value of realization
of current assets and loan & advances will not be less than the
amount at which they are stated in the Balance Sheet.
d) Fees for the fifth
session which shall be started from 01.04.2006 RBCeived during the
month of March 2006 treated as advance fee for the year 2006-07. |
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| For R.K. JHA & ASSOCIATES |
For RAJASTHAN EDUCATION INSTITUTE |
| (Chartered Accountants ) |
AND HEALTH SOCIETY, |
| R.K. JHA) Founder DiRBCtor President |
Secretary |
| Proprietor |
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| Camp. & Place : Dausa |
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| Dated : 15.05.2006 |
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