Incomplete qestion, give me trial balance then i will make your balance seet .

Partnership and Profit Sharing Ratio

In a partnership, two or more individuals come together to carry on a business with a common goal of making profits. The partners invest their capital, time, and skills in the business and share the profits and losses according to a pre-determined ratio. The profit sharing ratio is usually based on the contribution of each partner to the partnership.

Partners Akash and Suraj

In this scenario, Akash and Suraj are partners in a business. The profit and loss sharing ratio between them is 3:2. This means that for every 3 units of profit, Akash will receive 3/5 (or 60%) and Suraj will receive 2/5 (or 40%).

Balance Sheet as on 31 March 2013

A balance sheet is a financial statement that provides a snapshot of a company's financial position at a specific point in time. It consists of two main sections: assets and liabilities.

Assets
- Assets are the resources owned by the business that have economic value. They can be either tangible (physical) or intangible (non-physical). Examples of assets include cash, accounts receivable, inventory, and property.

Liabilities
- Liabilities are the obligations of the business to pay debts or fulfill other financial commitments. They can be either current (short-term) or long-term. Examples of liabilities include accounts payable, loans, and accrued expenses.

Explanation of Balance Sheet

The balance sheet as on 31 March 2013 provides a summary of the financial position of the partnership. It shows the assets owned by the business and the liabilities it owes.

The assets section of the balance sheet includes the following:
- Cash: The amount of money the business has in hand or in its bank accounts.
- Accounts Receivable: The amount of money owed to the business by its customers for goods or services provided on credit.
- Inventory: The value of the goods held by the business for sale.
- Property: The value of any land, buildings, or equipment owned by the business.

The liabilities section of the balance sheet includes the following:
- Accounts Payable: The amount of money owed by the business to its suppliers for goods or services purchased on credit.
- Loans: Any loans taken by the business from banks or other financial institutions.
- Accrued Expenses: Expenses that have been incurred but not yet paid, such as salaries or taxes.

The balance sheet provides a snapshot of the financial position of the partnership and helps the partners understand the value of their investment in the business. It also serves as a basis for calculating the partners' capital accounts, which represent their share of the partnership's assets and liabilities.

In conclusion, the balance sheet as on 31 March 2013 shows the assets and liabilities of the partnership, which are important for assessing the financial position of the business. The profit and loss sharing ratio between Akash and Suraj is 3:2, which determines how the profits and losses of the partnership will be divided between them.