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Mr. Avi is an engineer and holds a degree of MBA.

He started his own business of providing services of fixing air


quality measuring equipments in the city of Mumbai namely Acuair.

1. He initially invested Rs n the business.


2. He also took a loan of Rs. 1000000 from his relative for 5% interest.
3. He rented an office for Rs. 5000 monthly and deposited 200000.
4. He also purchased some furniture and stationery for the office for Rs.
5. Purchased a laptop for Rs.
6. Purchased emission control systems ( raw materials) for Rs.
7. Purchased oxidizers (raw materials) on credit from M/S pure Oxygen.
8. Services provided at Bandra for mr. Raj for Rs. 20000
9. Services provided at Marine Drive to miss priya on credit
10. Hired a manager for Rs. Monthly
11. Cash received from miss priya
12. Interest on loan paid
13. Paid rent for next 3 months in advance
14. Avi withdrew Rs. From the business
15. Paid electricity charges
16. Commission recived of Rs.
17. Recived consulting fees.
18. Paid cash to M/S pure oxygen
19.

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