Professional Documents
Culture Documents
Create a company in the name of Asian Car Arcade for the year ending 2019.
Prepare the required ledgers, stock group, category, items, godown and pass the transactions taking the
following into consideration, entry to be done in invoice mode.
Under Hyundai Ascent, Hyundai Deluxe, Hyundai Regular. Under Premiere Fiat, Uno, Siena.
Transaction
1 Zen 475000
1 Siena 610000
1 Indica 450000
1 Ascent 580000
1 Indica 430000
1 Zen 460000
1 Siena 600000
1 Sumo 550000
1 Zen 450000
1 Siena 600000
• Received on 01.08.2000 Rs. 1125000/- from continental Motors after deducting discount on
total bill amount.
• Paid 50% bill amount from which 7.5% discount on bill amount has been paid for Hyundai
motors on 02.08.2000.
• On 31.08.2000 received 75% bill amount after deducting 11.25% on net bill from Dhruv Motors.
• Sold 1 Indica @ Rs. 450000 to Ramesh Motors (add 4% sales tax) on 02.09.2000.
• Sold 1 Siena @ Rs. 600000 and 1 Uno @ Rs. 400000 to Trilok Motors (add 4.8% sales tax) on
31.09.2000.