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Abstract
Financial status of a firm indicates its profitability. The firms are located in the north eastern part of India. Due to bandh, blockade and other unwanted circumstances the state is very poor in the growth of industries; the state’s industries rely its raw material from other parts of the country. Supply of raw materials is a big problem in the state due to the above mentioned reason. Above all the problems the firm can become one of the growing firms in the state. It is very interesting and important to study the financial status of the particular firms and to provide suggestions for the overall improvement of the firms. The accountants are selected purely on the basis of practical knowledge. Under the tough situations of the state, the human forces who are handling financial works of the firm are keys to achieve its survival and profitability. In all situations funds are basic to run, survive and success of the firm.