Problem 2:-
1. Mr. Prasad started a new business with 6,00,000/-
2. Furnicher Purchased 30,000/-
3. Purchase as Fallows:-
i) LED Tv’s – 30 Sets Each one 15,000/- from Vijaya Traders
ii) Washing Machines – 15 Sets Each one 22,000/- from Bhuvana Traders
iii) Home Theaters – 45 Sets Each one 2500/- from Ravi Traders
4. Depreciation on Furnicher 4,000/-
5. Sales as fallows to Ganesh Traders:-
i) LED Tv’s – 20 Sets Each one 27,000/-
ii) Washing Machines – 8 Sets Each one 40,000/-
iii) Home Theaters – 30 Sets Each one 5000/-
6. Sales as fallows to Santhi & Co:-
i) Home Theaters – 10 Sets Each one 4200/-
ii) Washing Machines – 7 Sets Each one 35,000/-
iii) LED Tv’s – 10 Sets Each one 24,000/-
7. Sales Returns:-
i) Washing Machines – 2 Sets from Santhi & Co
ii) Home Theaters – 5 Sets from Ganesh Traders.
8. Donation received 10,000/-
9. Travelling Expns 1,700/-
10. Purchase Returns:-
i) Home Theaters – 5 Sets from Ravi Traders.
ii) Washing Machines – 2 Sets from Bhuvana Traders
11. Cash Paid to Vijaya Traders
12. Cash Paid to Bhuvana Traders
13. Cash Paid to Ravi Traders
14. Cash From Ganesh Traders
15. Cash From Santhi & Co 60% Only.
Unknown
hi sir
while i am doing this problem debit note is not showing as you shown …
it shows as general entry type….
Computers adda
press F9 Again Press Ctrl + F9 Quickly
Hanuram Reddy
sir e problm lo oka msteke chesaru sales retuns lo ganesh treders lo home theaters each one 5000 veyakunda 4200 vesaru andhuke miku profit 626800
vachindhi currect profi is 622800