JOURNAL

Date Description Post REF. Debit

1 30-Apr-15 Preliminary Expness A/C Nominal 50,000.00
2 TO DIRECTOR LOAN A/C Personal
3 (being Expnesses incurred by
4 director)
5
6
7 1-May-15 Computer A/c Real 700,000.00
8 TO XYZ LTD A/C Personal
9 (being computer purchase from
10 xyz ltd )
11
12 6/30/2015 CALCULATOR A/C Real 2,500.00
13 TO CASH A/C Real
14 ( BEING 5 CALCULATOR PURCAHASE
15 WORTH OF RS 500 EACH)
16
17 6/16/2015 INSURANCE VENDOR A/C Nominal 9,501.00
18 PREPAID INSURANCE A/C+ Nominal 2,499.00
19 TO INSURANCE A/C Nominal
20 (BEING INSURANCE MADE FOR A YEAR
21 PERIOD COVER JUNE 2015 TO june 2016)
22
23 7/17/2015 INSURANCE A/C Nominal 12,000.00
24 TO BANK A/C Personal
25 ( BEING INSURANCE AMOUNT PAID)
26
27 10/1/2015 MOHAN LAL A/C Personal 19,600.00
28 DISCOUNT ALLOWED A/C Nominal 400.00
29 TO SALES A/C Nominal
30 (BEING GOODS SOLD TO MOHAN LAL
31 ON CREDIT)
32
33 10/15/2015 PURCHASE A/C Nominal 50,000.00
34 TO SHASHI LAL A/C Personal
35 (BEING GOODS PURCHASE FROM
36 SHASHI LAL ON CREDIT)
37
38
39 5/1/2015 BANK A/C Personal 500,000.00
40 TO BANK LOAN A/C Nominal
41 (BEING BANK LOAN TOOK @ 10%)
42
43 5/1/2015 BANK INTEREST A/C Nominal 45,833.00
44 TO BANK A/C personal
45 (being 10% intrest on 5000000 @ 11 MONTHS INT
46
47
48 6/30/2015 SALARY A/C Nominal 40,000.00
49 TO ACCURED SALARY A/C Real
50 (being salary due but not yet paid)
51
52 11/10/2015 POR LTD A/C Personal 10,000.00
53 TO SALES A/C Nominal
54 BEING SOLD ON CREDIT
55
56
57
58 7/10/2015 ACCURED SALARY A/C Real 40,000.00
59 TO BANK A/C Personal
60 (BEING SALARY PAID TO EMPLOYEES)
61
62 11/1/2015 PURCHASE A/C Nominal 15,000.00
63 TO CASH A/C Real
64 TO OUTSTANDING EXPNESS Nominal
65 BEING GOODS PURCHASE FROM
66 RLTD
67
68 11/15/2015 OUTSTANDING EXPNESS A/C Nominal 10,000.00
69 TO BANK A/C Personal
70 BEING OUTSTANDING EXPNESS PAID
71
72
73 2/28/2016 LOSS BY FIRE A/C Nominal 1,000.00
74 INSURANCE CLAIM A/C 4,000.00
75 TO purchases a/c Nominal
76 GOODS LOSS BY FIRE
77
78 3/29/2016 BANK A/C Personal 4,000.00
79 TO INSURANCE CLAIM Nominal
80
78 1/1/2016 PREPAID RENT A/C Real 300,000.00
79 TO LAND LORD Personal
80 BEING BILL RECEIVE DROM LANDLORD
81
82 1/1/2016 RENT A/C Nominal 100,000.00
83 TO PREPAID RENT A/C Real
84 BEING JAN RENT DUE
85
86 2/1/2016 RENT A/C Nominal 100,000.00
87 TO PREPAID A/C Real
88 BEING FEB RENT DUER
89
 90 3/1/2016 RENT A/C Nominal 100,000.00
91 TO PREPAID A/C Real
92 BEING MARCH RENT DUE
93
94
95 12/30/2015 SALARY A/C Nominal 500,000.00
96 TO ACCURED SALARY A/C Real
97 BEING SALARY DUE BUT NOT PAID
98
99 1/7/2016 ACCURED SALARY A/C Real 500,000.00
100 TO BANK A/C Personal
101 BEING SALART Paid
102 3,116,333.00
103 9/30/2015 MACHINERY A/C Real 1,000,000.00
104 TO BANK A/C Personal
105 TO SALE OF OLD MACHINERY Nominal
106 TO PROFIT A/C Nominal
107 BEING NEW MACHINERY PURCHASE AND
108 SOLD OLD
109
110
111 3/25/2015 REPAIR & MAINTANCE A/C Nominal 20,000.00
112 TO VENDOR A/C Personal
113 BEING SERVICES CONSSUMED
114
115
116
117 3/31/2016 BANK A/C Personal 12,000.00
118 TO DEFERD REVENUE A/C Real
119
120
121 7,264,666.00
122
123
124
132
133
134
135
136
137
138
139
140
141
142
143
144
145
146
147
148
149
150
151
152
153
154
155
156
157
158
159
160
161
162
163
164
165
166
167
168
169
170
171
172
173
174
175
176
177
178
179
180
181
182
183
184
185
186
187
188
189
190
191
192
193
194
195
196
197
198
199
200
201
202
203
204
205
206
207
208
209
210
211
212
213
214
215
216
217
218
219
220
221
222
223
224
225
226
227
228
229
230
231
232
233
234
235
236
237
238
239
240
241
242
243
244
245
246
247
248
249
250
Credit

50,000.00 TO DIRECTOR LOAN

700,000.00

Where is the explanantion?

2,500.00

TD TA
divide month properly PRE POST 365 12000
### ### 32.87671
12,000.00 ### ###
289 76
9501.37 2498.63

12,000.00

20,000.00

50,000.00

500,000.00
500000 11 10
12 100 45833.33
11 months divide interest 50000 45833.33
45,833.00
 40,000.00

10,000.00

40,000.00

5,000.00
10,000.00

10,000.00

5,000.00

4,000.00

300,000.00

100,000.00

100,000.00
 100,000.00

500,000.00
2011 1 800000 10 100
80000
2012 2 720000 10 100
500,000.00 72000
2013 3 648000 10 100
3,116,333.00 64800
2014 4 583200 10 100
300,000.00 58320
498,636.00 6 month depre 2015 5 524880 5 100
201,364.00 26244
498636

20,000.00 1000000
300000
498636
201364

12,000.00

7,264,666.00 -
 ledgrs

preliminary Expness
Date Paticulars Amount Date Paticulars Amount
4/30/2015 To DIRECTOR LOAN 50,000.00 3/31/2016 BY BLC BD 50,000.00

DIRECTOR LOAN
Date Paticulars Amount Date Paticulars Amount
3/31/2016 TO BLC BD 50,000.00 4/30/2015 by preliminary expn 50,000.00

compuuter
Date Paticulars Amount Date Paticulars Amount
5/1/2015 To XYZ A/C 700,000.00 3/31/2016 BY BLC BD 700,000.00

XYZ LTD A/C

Date Paticulars Amount Date Paticulars Amount
3/31/2016 TO BLC BD 700,000.00 5/1/2015 by computer 700,000.00

CASH
Date Paticulars Amount Date Paticulars Amount
3/31/2016 TO BLC BD 7,500.00 6/30/2015 by calculator a/c 2,500.00
11/1/2015 BY PURCHASE 5,000.00
7,500.00
CALCULATOR A/C 7,500.00
Date Paticulars Amount Date Paticulars Amount
6/30/2015 to cash 2,500.00 3/31/2021 BY BLC BD 2,500.00

INSURANCE
Date Paticulars Amount Date Paticulars Amount
7/17/2015 TO BANK 12,000.00 6/16/2015 BY INSURANCE VE 9,501.00
6/16/2015 BY PREPAID INS 2,499.00

INSURANCE VENDOR
Date Paticulars Amount Date Paticulars Amount
6/16/2015 TO INSURANCE 9,501.00 3/31/2016 BY BLC BD 9,501.00

PREPAID INSURANCE
Date Paticulars Amount Date Paticulars Amount
6/16/2015 TO INSURANCE 2,499.00 3/31/2016 BY BLC BD 2,499.00
BANK
Date Paticulars Amount Date Paticulars Amount
5/1/2015 TO BANK LOAN 500,000.00 6/17/2015 BY INSURANCE 12,000.00
TO INSURANCE CL 4,000.00 5/1/2015 BY BANK INTEREST 45,833.00
3/30/2016 TO DEFERD REVEN 12,000.00 7/10/2015 BY ACCURED SALAR 40,000.00
1/7/2016 BY ACCURED SALAR 500,000.00
3/31/2016 BY BLC BD 391,833.00 9/30/2015 BY MACHHINERY 300,000.00
907,833.00 11/15/2015 BY OUSTANDING EX 10,000.00
907,833.00

BANK INTERST
Date Paticulars Amount Date Paticulars Amount
5/1/2015 TO BANK 45,833.00 3/31/2016 BY BLC BD 45,833.00

BANK LOAN
Date Paticulars Amount Date Paticulars Amount
3/31/2016 TO BLC BD 500,000.00 5/1/2015 BY BANK 500,000.00

MOHAN LAL
Date Paticulars Amount Date Paticulars Amount
10/1/2015 TO SALES 19,600.00 3/31/2016 BY BLC BD 19,600.00

DISCOUNT ALLOWED
Date Paticulars Amount Date Paticulars Amount
10/1/2015 TO SALES 400.00 3/31/2016 BY BLC BD 400.00

SALES
Date Paticulars Amount Date Paticulars Amount
3/31/2016 TO BLC BD 30,000.00 10/1/2015 BY MOHAN LAL 19,600.00
10/1/2015 BY DISCOUNT ALLW 400.00
11/10/2015 PQR 10,000.00
PQR
Date Paticulars Amount Date Paticulars Amount
11/10/2015 TO SALES 10,000.00 3/31/2016 BY BLC BD 10,000.00

PURCHASE
Date Paticulars Amount Date Paticulars Amount
10/15/2015 TO SHASHILALA 50,000.00 2/28/2016 BY INSURCANCE CL 4,000.00
11/1/2015 TO CASH 5,000.00 2/28/2016 BY LOSS BY FIRE 1,000.00
 11/1/2015 TO OUTSTANDING 10,000.00 3/31/2016 BY BLC BD 60,000.00
65,000.00 65,000.00

SHASHI LAL
Date Paticulars Amount Date Paticulars Amount
3/31/2016 TO BLC BD 50,000.00 10/15/2015 BY PURCHASES 50,000.00

SALARY
Date Paticulars Amount Date Paticulars Amount
6/30/2021 TO ACCURED SALAR 40,000.00
12/30/2015 TO ACCURED SALA 500,000.00
540,000.00 3/31/2016 BY BLC BD 540,000.00
540,000.00
ACCURED SALARY
Date Paticulars Amount Date Paticulars Amount
7/10/2015 TO SALARY 40,000.00 6/30/2015 BY SALARY 40,000.00
1/7/2016 TO BANK 500,000.00 12/30/2015 BY SALARY 500,000.00
540,000.00 540,000.00
OUTSTANDING EXPNESS
Date Paticulars Amount Date Paticulars Amount
11/15/2015 TO BANK 10,000.00 11/1/2015 BY PURCHASE 10,000.00
to blc bd - 10,000.00
10,000.00
LOSS BY FIRE
Date Paticulars Amount Date Paticulars Amount
2/28/2016 TO PURCHASES 1,000.00

3/31/2016 BY BLC BD 1,000.00

INSURANCE CLAIM
Date Paticulars Amount Date Paticulars Amount
2/28/2016 TO PURCHASES 4,000.00 3/31/2016 BY BANK 4,000.00

RENT
Date Paticulars Amount Date Paticulars Amount
1/1/2016 TO PREPAID 100,000.00
2/1/2016 TO PREPAID 100,000.00
3/1/2016 TO PREPAID 100,000.00 3/31/2016 BY BLC BD 300,000.00
300,000.00 300,000.00

PREPAID RENT
Date Paticulars Amount Date Paticulars Amount
1/1/2016 TO LAND LORD 300,000.00 1/1/2016 BY RENT 100,000.00
 2/1/2016 BY RENT 100,000.00
3/1/2016 BY RENT 100,000.00
300,000.00 300,000.00

LANDLORD
Date Paticulars Amount Date Paticulars Amount
1/1/2016 BY PREPAID 300,000.00
3/31/2016 TO BLC BD 300,000.00

MACHINERY
Date Paticulars Amount Date Paticulars Amount
9/30/2015 BY BANK 300,000.00
9/30/2015 BY PROFIT 201,364.00
9/30/2015 BY SALE OF OLD M 498,636.00 3/31/2016 BY BLC BD 1,000,000.00
1,000,000.00 1,000,000.00

PROFIT
Date Paticulars Amount Date Paticulars Amount
3/31/2016 TO BLC BD 201,364.00 9/30/2015 BY MACHINERY 201,364.00

SALE OF OLD MACHINERY

Date Paticulars Amount Date Paticulars Amount
30-6-150 BY MACHINERY 498,636.00
3/31/2016 TO BLC BD 498,636.00

REPAIR
Date Paticulars Amount Date Paticulars Amount
3/25/2015 TO VENDOR 20,000.00
3/31/2016 BY BLC BD 20,000.00

VENDOR
Date Paticulars Amount Date Paticulars Amount
3/25/2015 BY REPAIR 20,000.00
3/31/2016 TO BLC BD 20,000.00

DEFERD REVENUE
DATE Paticulars Amount Date Paticulars Amount
3/30/2016 BY BANK 12,000.00
3/31/2016 TO BLC BD 12,000.00
912000
512000
400000
 TRIAL BALANCE
SR NO PATICULARS DEBIT CREDIT TYPE
1 preliminary Expness 50,000.00 BS
2 DIRECTOR LOAN 50,000.00 BS
3 compuuter 700,000.00 BS
4 XYZ LTD A/C 700,000.00 BS
5 CASH 7,500.00 BS
6 CALCULATOR A/C 2,500.00 PL
9 BANK 391,833.00 BS
10 BANK INTERST 45,833.00 PL
11 BANK LOAN 500,000.00 BS
12 MOHAN LAL 19,600.00 BS
13 DISCOUNT ALLOWED 400.00 PL
14 SALES 30,000.00 PL
15 purchase 60,000.00 PL
16 SHASHI LAL 50,000.00 BS
17 SALARY 540,000.00 PL
18 LOSS BY FIRE 1,000.00 PL
21 RENT 300,000.00 PL
22 landlord 300,000.00 BS
23 MACHINERY 1,000,000.00 BS
24 PROFIT 201,364.00 PL
25 SALE OF OLD MACHINERY 498,636.00 PL
26 REPAIR 20,000.00 PL
27 VENDOR 20,000.00 BS
28 DEFERD REVENUE 12,000.00 BS
30 PQR 10,000.00 BS
31 PREPAID INSURANCE 2,499.00 BS
31 INSURANCE VENDOR 9,501.00 PL
32 2,761,333.00 2,761,333.00
33
34
35
36
37
38
39
40
-
 PROFIT AND LOSS
ACCOUNT NAME AMOUNT ACCOUNT NAME AMOUNT
CALCULATOR A/C 2,500.00 SALES 30,000.00
DISCOUNT ALLOWED 400.00 PROFIT 201,364.00
PURCHASE 60,000.00 SALE OF OLD MACHINE 498,636.00
SALARY 540,000.00
LOSS BY FIRE 1,000.00
RENT 300,000.00 NET LOSS 249,234.00
REPAIR 20,000.00
INSURANCE VENDOR 9,501.00
BANK INTERST 45,833.00

979,234.00 979,234.00
-
 BALANCE SHEET
LIABLITIES AMOUNT ASSETS
XYZ LTD A/C 700,000.00 preliminary Expness
BANK LOAN 500,000.00 compuuter
SHASHI LAL 50,000.00 PREPAID INSURANCE
landlord 300,000.00 MOHAN LAL
VENDOR 20,000.00 MACHINERY
DEFERD REVENUE 12,000.00 BANK
DIRECTOR LOAN 50,000.00 CASH
LOSS (249,234.00) PQR

1,382,766.00
AMOUNT
50,000.00
700,000.00
2,499.00
19,600.00
1,000,000.00
(391,833.00)
(7,500.00)
10,000.00

1,382,766.00 -