Assignment 10

 Assignment 10  

Q.1 Create a company as name with "Swastik- Your Name- A10” with the F.Y. 2019-20.

20 with the following opening balances.
Liabilities                                 Amount		Assets			Amount
Capital                                     275000		Furniture			326000
Loan from UBI bank                122000		HDFC bank			91000
Profit and loss                         32000		Cash			12000
429000					429000

 

Q.2 on 1-04-2019 transfer 2500/- from cash to petty cash. 

Q.3 The petty cashier Mr. Das has given the following details on 1/05/2019

Transaction                                                                                          Amount

Printing Paper                                                                                      350

Postal Stamps                                                                                      70

Pen & Pencil                                                                                        100 Travelling                                                                           600

Stapler & Pin                                                                                       150

Employee Refreshment                                                                       500

Tea & snacks                                                                                        255       

Cleaning charges                                                                                 150

Pass the entry accordingly allocating the expense in proper head and proper cost centre.

Q.4 On 1/05/2019 Company receives a cheque (ch. No. 656501, SBI) of 32000/- by selling an old furniture WDV value 35500.

Q.5 On 2/05/2019 Paid commission of 6500/- by cash. Company has to allocate this expense 45% to Mr. X, 30% to Mr. Y and remaining 25% to Mr. Z.

Q.6 Furniture purchase for office from M/s Kabita Furniture by cheque (Ch. No 221101) 2300/- on 2-05-2019.

Q.7 On 02/05/2019 company makes an expense of 55000/- by issuing cheque (ch. No: 221102) of HDFC Bank to Deepak add agency for the different types of advertisement as given below: 

A. News Paper			30000.00
I) Hindustan Times		12000.00
II) Times of India		10000.00
III) Telegraph		8000.00
B. Websites			2500.00
C. Banner			2500.00
D. Hoarding			5000.00

E. Digital Advertisement                                             15000.00

I)   Red FM                                8000.00

II) Big FM                                 7000.00

 

Q.8 On 31/05/2019 withdraw 15000.00 from HDFC Bank (ch. No: 221103).

Q.9 On 02/06/2019 Company got the bank statement for the period 01/05/2018 to 31/05/2018 and the following details has been revealed.                                                               

HDFC Bank Stephen House

Account statement: 01/05/2019 to 31/05/2019

Account ID: 30207843093 Bank ID: 368 Branch ID: 01145

TXN Date             Description                   Debit           Credit               Cheque no.         Balance

01/05/2019         Opening Balance                                                                                       91000.00 02/05/2019          clg 656501                                        32000.00             653245           123000.00 31/05/2019         Deepak Ad Agency     55000.00                                  221102               68000.00 31/05/2019         Cash                             15000.00                                   221103               53000.00 31/05/2019         Bank Charges                   115.00                                                              52885.00 31/05/2019         Closing Balance                                                                                       52885.00

10 Now Show Profit and loss A/c, Balance sheet, cost centre and category report from appropriate path