Assignment 9

  Assignment 9

Create a new company with "Swastik- Your Name- A9” with the F.Y. 2019-20.

Q.1 Mr. Rajesh starts his business on 1-6-2019 named “Shanti Garments –std name” in Gorakhpur with cash 500000/-, Furniture and fixture 200000/- and Machine 100000/-. (Note- Take Backup of your company in d: drive)

 

Q.2 On 2-6-2019 Mr. Rajesh hires a shop in shamaroof with the monthly rent 5000/- and deposit immediately 6 months’ rent as security deposit in cash.  

 

Q.3 On 2-6-2019 open a bank account in SBI by depositing 150000/-.

 

Q.4 On 1-7-2019 purchase goods from Mohanti Textile (Delhi) on credit of 30 days with the bill no. “Bill/MT001/19-20” & stored at Buxipur godown.

300 Pcs Shirts @ 250/-            200 Pcs Trousers@500/-         100 Pcs Tie @ 50/- 50 Pcs Jacket @ 1200/-

 

Q.5 On 2-7-2019 purchase goods from Balvindar singh (Kolkata) by cheque (252501) of SBI bank with the bill no. “Bill/BS001/19-20” & stored at Buxipur godown.

20 Pcs Gents Suit @ 2000/-    50 Pcs Cufflink @ 150/-           60 Pcs T- Shirts @ 500/-

 

Q.6 On 1-08-2019 expense done on Inauguration of Shanti Garments. Expenses details are as follow:

Invitation card Printing and Distribution Expense: 5000/-     Snacks and Tea: 10000/-

Advertising and Publishing: 10000/-                  (Inaug. Exp. is written of in 5 year)

 

Q.7 On 1-08-2019 all goods transfer from Buxipur godown to Golghar godown and 2% freight is also incurred on this transfer and paid this freight in cash.

 

Q.8 On 2-8-2019 goods sold to rohit kumar on credit with the bill no. “Bill/RS001/19-20”.  150 Pcs shirts @ 400/-, 100 Pcs Trousers @ 800/-, 50 Pcs Tie @ 150/-

 

Q.9 On 2-8-2019 Paid by cheque (141401) to Mohanti Textile. 

 

Q.10 On 1-9-2019 goods sold to Vishvas in cash with the bill no. “Bill/VC001/19-20”

10 Pcs Jents Suit @ 3200/-      20 Pcs Cufflink @ 300/-           25 Pcs T-Shirts @ 950/-

 

Q.11 On 2-9-2019 Receive 50% amount by cheque (252501) of axis bank from Rohit.

 

Q.12 1-10-2019 Receive Balance in cash by Rohit.

 

Q.13 2-10-2019 Deposit cash 20000/- in bank. (Take backup) 

 

Q.14 Delete the company. (Before delete the company use your common scence)