Problem 1
1. Mr.Sampanth Started a new Business with 5,00,000/-
2. Cash Deposited into HDFC Bank 1,00,000/-
3. Bike Purchased 70,000/-
4. He Draw 1,00,000/- Amount for Personal Use.
5. He Return After 6 Months – Monthly Interest is 4,000/-
6. Cash With Draw from HDFC Bank 50,000/-
7. Salary Paid through bank 12,000/-
8. Donation Received 24,000/-
9. Petty Income 8,500/-
10.Company Paid Interest on Capital to Mr.Sampanth 10,500/-
Problem 2
1. Miss. Jansi Started a new Business with 8,00,000/-
2. Cash Deposited into SBI Bank 2,50,000/-
3. Scooter Purchased 70,000/-
4. She Draw 3,20,000/- Amount for Personal Use.
5. She Return After 10 Months – Monthly Interest is 8,200/-
6. Cash With Draw from SBI Bank 1,75,000/-
7. Power bill Paid through bank 2,350/-
8. Commission Received 38,500/-
9. Internet bill Paid 9,00/-
10.Company Paid Interest on Capital to Miss. Jansi 23,700/-
Ginsu Bindu
Sir,
Drawings entry:
By-drawings
To-cash
Ramesh
Sir answers ivvaledhu