PROJECTS (COMPREHENSIVE PROJECT) Name of the Project Recording the Financial Transactions of 'Reba Creations Objectives of the Project (@ To record various business transaction in Jo ) To prepare various ledger accounts; of records; and To prepare Trial Balance to ensure the accuracy ycial Statements. inal in real life situations, ‘i (iv) To prepare Final Fin. 3, Source Material—Project Statementexployen. + a Eras agen Showcases Gah Rite. $f aeioped dene Nera? seer wor a the fashion show. Man rans pyre hr was anaes ee ae save on April 1, 2013. 16 named a One he boi orth€ 130,000. Al sales wer pe Ca rected oy chs Al petty expenses wen pu ge me Sb soe eke the month OF August 31, 2p yaw a : Mrachines for € 1,20,000 and got therm avert Dat 31, 2013, she was well placed in her bousinen Fa ta wand, she had been drawing © 8,000 pr my era 2013, she pad back € 00,00 St rk Trond, in February, 2014 she sold tw ols inew Sewing Machines for € 90,000. Ma lowi, wore incurred and payments were made. They Siu Tum 9 & 1m 000 for 12 months + % 18,000 on dan ‘oe sae an tae xm m0 zw aa om a = a a48.000) 6.000 10.000 | 20mm 18,00] 400.000} am 40,000 90.00 zrz2000‘A Textbook f Aecouny ny 8y Sewing Machings 8y Sowing Machines 2a By Loan Ae oot sme By rors on Loon we | By Sowing Machinws om By Sundy Credtor we |, $8050 r iment oto ae 8 Sales Ne (1 mem te By Insurance Ne = By Advertsing Ai 3 By Balance oda ‘cast ACCOUNT By Bark Ne 8 Pet Expan By Balance og ME Particulars @ By Profit & Lone Ae NT Particulars PREPAID RENT ACCOU? By Rent AcA Textbook of srarioneRY ACCOUNT Date | Paar aioe [e060 | Mors by Pr se # Los ne ‘SEWING MACHINE ACCOUNT ‘mount [Date | Paruiars ‘oa [7 140,000 Feb: + 430.000 | Mar 3 Basen 4,32,000 et ee ALLOWED ACCOUNT. ei) =| 2018 : : 2k yf py pom ats ae | I 2 |)Copital = & 16,7300 Ga ‘Non Current = % 2,00,000 (7) current Liabilities = 1,37,000 Ao" op