Assignment 4

 Assignment 4          

 

Q. 1 Create a new company Swastik- Your Name- A4" (e.g., Swastik-Shilpa-A3) & Started Business with Cash 80,000/- Furniture 20,000/- and Building 75,000/-

Sl	Transaction	Amount
1	Started Business with cash	2,50,000/-
2	Deposit Cash in to HDFC Bank	50,000/-
3	Purchased Good from Ajay Distributors, Noida on Credit	35,000/-
4	Bought Furniture for office use by cheque	25,000/-
5	Sold Goods in cash to Gopal	10,000/-
6	Paid Carriage in cash	12,000/-
7	Paid to Ajay Distributor by cheque	25,000/-
8	Sold Goods to Deepak on Credit	15,000/-
9	Purchased Computer from Royal Computers	25,000/-
10	Received cheque from Deepak	15,000/-
11	Paid to Royal Computer in cash	25,000/-
12	Paid Electricity Charges by cheque	2,200/-
13	Mr Rohit Started Business by bringing cash	5,00,000/-
14	Deposit Cash in to Axis Bank by opening a new Account	1,50,000/-
15	Purchased Good from Ajay Distributors, Noida on Credit	1,35,000/-
16	Bought Furniture for office use by cheque	40,000/-
17	Sold Goods in cash to Vijay	20,000/-
18	Paid Transport Charge in cash	12,000/-
19	Paid to Ajay Distributor by cheque	50,000/-
20	Sold Goods to Harry on Credit	25,000/-
21	Purchased Computer from Laxmi Computers by cash	25,000/-
22	Received cheque from Harry	25,000/-
23	Paid to Ajay Distributor by cheque	85,000/-
24	Withdraw of cash for personal use	2,000/-
25	Opened a Bank Account with HDFC Bank	25,000/-
26	Paid Salary to Ms. Neha and Ms. Saana, Rs 5000 and Rs 6500 Respectively
27	Paid Commission to Rahul	1500/-
28	Paid Electricity Bill of Office Meter and Godown Meter, Rs 1500 and Rs 1600 respectively
29	Interest Received from HDFC Bank	350/-
30	Purchase Goods from Swati Traders	25000/-
31	Sales Goods to Yes Enterprises	75000/-
32	Returned Goods to Swati Traders	5,000/-
33	Purchased Machinery on credit From Padam Traders	55,000/-
34	Received Commission in cash	2,000/-
35	Cash deposited in HDFC Bank	5,000/-
36	Received cheque from Yes Enterprises	75,000/-
37	Paid to Padam Traders by cheque	55,000/-
38	Paid to Swati Traders by cheque	20,000/-