PAAVAI ENGINEERING COLLEGE

(An Autonomous Institution Approved by AICTE and Affiliated to Anna University)

(Accredited by National Board of Accreditation, New Delhi & NAAC (UGC) with ‘A’ Grade)

Paavai Nagar, NH – 7, Pachal, Namakkal (DT) – 637018

Name …………………………………….…….……. Branch.…………...….…………………….

Register No. ………………………………………… Roll No. …………………………………….

Certified that this is the Bonafide Record Work done by the above student of the ………………………

……………………………………………………………… Laboratory during the year 2022 – 2023.

Signature of Lab In-Charge Signature of Head of the Department

Submitted for the Practical Examination held on ………………………

Internal Examiner External Examiner

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 BA19303
BUSINESS PLAN DEVELOPMENT

2
 TABLE OF CONTENTS

CHAPTER CONTENTS PAGE

NO

1 EXECUTIVE SUMMARY

2 VISION & MISSION STATEMENT

3 EMPLOYEES, MANAGEMENT
TEAM & ADVISORS

4 COMPANY DESCRIPTION

5 PRODUCTS & SERVICES

6 MARKETING & SALES PLAN

7 BUSINESS OPERATIONS PLAN

8 FINANCIAL PLANS &

STATEMENTS

3
 BUSINESS PLAN

DELIGHT BITES FOOD LIMITED

“MAKE DELIGHT IN EVERY BITES”

2/204,2nd Cross Road,

R T Nagar post,
Kanakanagar,
Bangalore-32
9345112711, 6369662239
delightbites007@gmail.com

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 CHAPTER – 1
EXECUTIVE SUMMARY

Some people think “vegan” is an abbreviated way to say “vegetarian”. But actually a
vegan diet focuses on plant-based food that excludes all animal products. While vegetarians still
eat dairy and eggs, vegans avoid foods that involve animals in their processing methods. And
nowadays there are many people in Indonesia are starting vegan. But vegan food is rarely
available in Indonesia. So due the high demand of vegan food the author decided to open a vegan
company. (V)Choice first product is vegan nuggets. The author chooses to make nuggets because
it’s one of many practical foods that people like to eat at home. But many store-bought nuggets
are not healthy because they are not 100% chicken meat but it’s also containing blood vessels,
fat, and cartilage. So the author decided to make the healthy version of nuggets. The author uses
young jackfruit as the main ingredients because it has neutral flavor and a texture that similar to
chicken meat. In Indonesia young jackfruit is often used in many dishes such as Gudeg, Megono
and many more. Jackfruit has many nutrition value and health benefits. Jackfruit is a good source
of potassium which can help reduce blood pressure, jackfruit can also help to counter the effects
of free radicals, and jackfruit can also help fight high blood sugar level. The author will start
selling the product through online and retailer shop around Surabaya. When (V)Choice already
stabilizing in the production, the author will open a store that will also sell ready to eat food. The
author think (V)Choice have a big opportunity in the market, because (V)Choice vegan nuggets
are the first vegan nuggets in Indonesia that made from young jackfruit. The author product isn’t
only for vegan, it’s also suitable for non-vegan consumers because it’s taste like real nuggets but
in a healthy way. The author vegan nuggets have through many trials and errors because the
author wants to provide the best product to the customers. The author will always develop an
innovative products for (V)Choice customer.

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 CHAPTER – 2
VISION AND MISSION STATEMENT

Vision
A world in which people treat animals with respect, ensure justice for them and enable
them to live their lives free of human exploitation, use and ownership.
Mission
To provide the vegan food products to everyone so that we can build a vegan world by
2050 in which everyone live in peace including animal friends.

FUTURE OUTLOOK AND TRENDS

Biscuit Industry has specified future plans to follow. It has fixed goals to be achieved in future.
Certain future plans of units as under.
• Company wants to increase its sales and profit and be a large scale industry in future.
• Company wants to wider network in whole country.For it they are deciding to establish
branches in most of State in India.
• To improve or add new flavor of biscuit in future.
• Thus, this industry has bright future vision and it wants to extend its coverage.

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 CHAPTER – 3
EMPLOYEES, MANAGEMENT TEAM & ADVISORS

ORGANIZATION CHART OF DELIGHT BITES FOOD LIMITED

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 CHAPTER – 4
COMPANY DESCRIPTION

Delight bites foods Limited is a leading global manufacturer of vegan food products
intended to deliver the taste and texture of meat, fish, and dairy products without the harmful
dietary, environmental, welfare, and sustainability drawbacks of pastoral agriculture and
fishing. The company is engaged in the production of plant-based, meat-free, vegan meat
substitutes, enabling consumers to avail tasty and healthy vegan food products.The fact thing is
that, today in this fact generation many of the changes take a place. Especially in the field of
vegetable through it was not a new product for people. But it has an important characteristic it
may never loses its market, because the word “Vegan” itself is having a deep rooted meaning
that no consumer can fed up from eating biscuit.

Looking to the internal and increase in export demand, there is a good scope for starting
new manufacturing units in different parts of the country. Vincent is the starting place where a
large number of workers started manufacturing units. The demand for quality goods is
increasing. Hence there is a scope for another 10 to 15 new units every year. The raw material
required for the manufacture of biscuit available and some material also exported from foreign.
Market consists of buyers, and buyers differ in one or more respects. They may differ in their
wants, purchasing power, geographical locations, buying attitudes and buying practices. Any of
these variables can be used to segment a market.

It is a process of dividing the total market for goods and services into small groups, such that
the members of each group are similar with respect to factors that influence demand. It is a
strategy of „divide and conquer‟ i.e. dicing market in order to conquer them. Its philosophy is
something for everybody within practicable limits. It enables the market to give better attention
to the selection of the customer and offer an appropriate marketing plant for each segment for a
group of buyers having homogeneous demand.

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In " Delight bites Food Limited” they have selected target market to satisfy the wants
of customers.
They have divided the target market in different division.
• Children market
• Youngster generation market.
• Old generation market.

BIO-DATA OF OWNERS OR PRINCIPLES

“DELIGHT BITES FOOD LIMITED” is a small scale industry, which lead by the CEO
and owner of the organization. The details about the Owner are

Name : SEVVANTHI S
Age : 22 years
Address : 7/70, 10th cross, Kaveri Nagar,
RT Nagar post, Banagalore-32
Qualification : MBA
Present Activity : The MD of Delight Bites Food Limited
Responsibility CEO

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 CHAPTER – 5
PRODUCTS AND SERVICES

Our products having different flavors and variety. It should available in all quantity. It
should be help all our customers to be satisfied for buying our products. Our products are mostly
preferred and it also make good services in market. Customers buy more and more vegan product
and it creates good brand for our product in the market.

PRODUCTS

• MILK – Milk is a major animal based product which is a part of everyone’s life in some or
the other way. Milk can easily be replaced by soy milk, rice milk, or oat milk.

• CAKES – Nowadays with readymade cake and brownie batters comprising vegan flour,
cakes can be made with dairy-free, egg-free mixes and without the use of eggs as well.

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 • CHEESE – Animal based cheese can be replaced by soy- or rice-based cheese

• CHOCOLATE - The commonly found chocolates are mainly made up of milk which is an
animal product. The best alternative to chocolate can be the dark chocolate which is mostly made
from the cocoa.

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• COCONUT BUTTER- Animal based butter can easily replace by coconut butter

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DIFFERENT PACAGING:-

➢ 50 Gms.

➢ 100 Gms.
➢ 150 Gms.
➢ 200 Gms.
➢ 250 Gms.
➢ 300 Gms.
➢ 400 Gms.

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 CHAPTER – 6
MARKETING & SALES PLAN

➢ Marketing plan consist these four element pricing, distribution, promotion, product forecasts.
➢ Hear in case of ''Delight bites FOOD LIMITED” all elements are present but in
history of sources of this industry every element has played different role as we
know.
➢ Delight bites ''FOOD LIMITED” producing different types of biscuits product
so lessneed of promotional tools.
➢ The main need of the marketing of Delight bites ''FOOD LIMITED” Is to deliver the
bestquality of a product to right consumers at right place and for right price.

ELEMENTS OF MARKETING PLAN:-

Marketing plan has four elements.

• Pricing
• Distribution
• Promotion
• Product forecast

(A) PRICING

INTRODUCTONS:-

Price is the first p’s of marketing plan. Pricing decision has strategic importance in any
enterprise. Pricing governs the very feasibility of any marketing programmed because it is the
only element in a marketing plan.
Accounting for demand and sales revenue. Pricing can be change very quickly. So it is one of
the most flexible elements of the marketing plan. Pricing is too cost oriented, it is not revised
often enough to capitalize on market changes. So to set price is very difficult task of
management. Right price decision will lead toward success and profit, while wrong and faulty
price decision may because the cause of failure.

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DEFINITION:-

“Price is the valuation placed upon the product by the offered.” It has to cover pricing, discounts,
allowances and terms of credit. It deals with price competition”.

SETTING PRICE:-

The firm has to take into account many factor for setting their pricing.

They are six steps procedure for price setting.

1) Selecting the price objective

2) Determine demand
3) Estimating cost
4) Analyzing competitors price and offers
5) Selecting a pricing methods
6) Selecting the final price

1) Selecting the pricing objectives:-

The first decide what they want to accomplish with the particular product. They should
clear their objectives. It is depended on pricing decision so it is necessary to select better pricing
objectives.
''Delight bites FOOD LIMITED” Has many objective and they are aware about that.

2) Determining Mind:-

The price of a will lead toward a different level of demand and therefore they have a
different impact in its marketing objectives. In normal case demand and price are inversely
related i.e. Higher the price and lower the demand.

"Delight bites FOOD LIMITED” Has sold their product in different market and
their priceis formulates according to the different product and demand in the market.

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3) Estimating cost:-
In the setting of prices, includes all estimating cost that the can charged.

There are two types of floor cost areas under.

• Fixed cost like salaries wages, bonus to employees, depreciation, income tax, insurance etc.
• Variable costs are like repairs of machineries raw materials costs, excises duty etc.
“Delight bites FOOD LIMITED” Includes all the entire production cost, distribution cost
and its fair return and also fixed and variable cost.

4) Analyzing competitor’s prices and offers:-

Price should be fixed according to the analyses to the competitor’s prices and offers what
is the prices of competitors and what they offer to the customers? It should be taken by that.

“Delight bites FOOD LIMITED” Has to consider the competitors price and offer and they fix
the price according to the customer abalones.

5) Selecting a pricing method:-

Should select those pricing methods which are suitable for the product. Pricing is affected
of the market and also product he pricing method are like mark-up/ cost plus pricing, target
return pricing, going rate pricing etc.

Delight bites FOOD LIMITED Accept cost-plus pricing method because it is

suitableand favorable method for the product.

Selection the final prices:-

“Delight bites FOOD LIMITED” has produced different types of product and their cost
is independing on product. They are exporting their product in biscuits market. Prices
of their different product are not same. Fixed the price according to the different types of
product cost and their delivery cost.

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(B) DISTRIBUTION (PLACE)

INTRODUCTION

In the field of marketing channels of distribution indicates routes or pathways through which
goods and services flow or more from producers to consumers. In Channels of distribution there
of intermediaries between producer and consumers.

Channel of distribution term contain two different words channel means link or bridge and
distribution means the product to the customer. After production the next problem faced is that
of selling and distributing. As we know that production is made to satisfy the need of the
customers. So, it must reach to the consumer for whom it is made. Thus a way through good
flow from the producers to the consumer is called channels of distribution. The marketing
channels decision are among the most critical decision faced by marketing because selected
channels affect all the other marketing decision.

Distribution is the delivery of the product and right to consume. It includes sub elements.

• Channel of distribution
• Transportation
• Location
• Ware housing

DEFINITION:-

“Marketing channel can be viewed as sets of inter-depended organization involved in process of

making a product or service available for use as consumption.”
Every producer seeks to link together the set of marketing intermediaries that fulfill the firm
objectives.
This set of marketing intermediaries is called as the marketing channel.

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OBJECTIVE OF THE CHANNEL:-
➢ Achievements of the best possible coverage of the target market.
➢ Assuming that the consumer incurred in minimum execration and procuring the product.
➢ Ensuring that the firm is able to carry on with its manufacturing activities confident that
the channel will take of the distribution job.
➢ Ensuring that the distribution is cost effective.

CHANNEL OF DISTRIBUTION:-

Distribution channel decisions require a special attention as this involves long term
commitments to the other firms with whom marketer enters into contracts. The most fundamental
factor for channel choice and channel management is the economic criteria i.e. cost and profits.
But there are number of other factors such as nature of the products, market trends, competition
outlook, pricing policies, typical consumer needs and manufacturer himself who should be
considered. There are two types of channel:

➢ Direct Channel
➢ Indirect Channel

“Delight bites FOOD LIMITED” is producing biscuits goods. So in this case, direct channel
will be more difficult than indirect channel. So the company is not uses direct channel of
distribution.

➢ Manufacturer
➢ Consumer

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 “Delight bites FOOD LIMITED” uses indirect channel of distribution. For this, they
appointedzone wise dealers under whom sub dealers are appointed. This channel is as under:

➢ Manufacturer
➢ Distributors
➢ Dealers
➢ Consumer

MODES OF TRANSPORTATION

Transportation is the necessary for all the company Mode of transportation is the function
having permanent importance in distribution process .the choice of transport is governed by a few
criteria, such as speed, frequency of service, dependability, safely, operational flexibility and all
the element cost. Please note that decisions on means of transport are closely related to the size
of inventory and on the location of warehouse.

➢ By railway
➢ By road

“Delight bites FOOD LIMITED” transport his product by road in many cities
Salem, Erode, Dharmapuri, Namakkal, Krishnagiri and also the transport biscuits in
many villages.

From the above modes of transportation “Delight bites FOOD LIMITED” used the one
types of transportation by road. It is depend on the product selling activities. This decision is
taken by the marketing manager who considers all the transporting cost in the modes of
transportation.

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 LOCATION:-
➢ Location plays a very important role in marketing management. Location is the place where
anything is done in the industry.

➢ Located or situated. Location must be a good one where any infrastructure facility is easily
available and distribution of the product or transport of the product is easily available. Every
promoter chooses better location where all the facilities are available.

➢ “Delight bites FOOD LIMITED” Is located in at JUNCTION .In this location all the
infrastructure facilities are easily available.

WAREHOUSES:-

The word “storage” means holding the stock of goods for a relatively longer period as the
good are not immediately in demand. Warehousing involves more than storage. Warehouses
perform many of the usual function of storage. Warehouses are fixed facilities where we store
our inventories for longer period.

In “DELIGHT BITES FOOD LIMITED” his warehouses good facility for product. “Delight
bitesFOOD LIMITED” have machinery facility like this:
➢ Air compressor
➢ Cold storage
➢ Cooling machine.

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 (C) PROMOTION

INTRODUCTION:-

Promotion is a form of communication with an element of persuasion to accept ideas,

product services and hence persuasive communication becomes the heart of promotion, the
fourth element of marketing plant. In essence, promotion is the spark plug of our marketing mix
and an important marketing strategy. In marketing, effective communication is absolutely
necessary even though you have a superb product, best package, and also you offer a fair price
promotion need has been considered as the sale instrument in marketing communication.

DEFINITION:-

“Promotion is the process of marketing communication to inform, persuade, remind and

influence consumer or user in favors of your product or service”.

Thus, it is a short term incentive to encourage the buyer to buy the product. Sales
promotion consist of techniques like display shows selling efforts. It can be classified as under.

Tools and techniques of sales promotion.

The main promotional tools are as under;

1) Samples:-

Sampling is the most effective but most expensive way to introduce a product. It can be
delivereddoor to door, by mail or by its attachment with other products. Gives some samples free
and sometime charged a small amount to set its costs.

2) Coupons:-

Coupons are certificates that give buyer a saving than they Purchase specified buyers. More
than1000 coupons are distributed in the each year.

3) Premiums:-

Premiums are good offered either free or at low cost as an incentive to buy a product. A
premiummay come inside the package or outside the package.

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4) Allowance:-

An allowance is an amount offered in return for the dealers agreeing to feature the
manufacturingparts in some way.
In the above the “Delight bites FOOD LIMITED” uses coupon and allowances. These tools
are used sometimes only.

5) Components of promotion mix:-

Markets have adopted a communication view of their firm’s promotional activities. Receiver is
now regarded as an active participant in the process of communication. All marketing
communications must be planned as part of total system, not as independent pieces. The
promotion mix includes four ingredients which are shown below

➢ Advertising
➢ Personal selling
➢ Sales promotions
➢ Publicity

All form of promotion try to influence consumer’s attitudes, beliefs, ways of living or life style,
values and preference towards a and its product, and there by influence his / her behavior.

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ADVERTISING:-

INTRODUCTION:

Advertising is the most important component or tool of the marketing promotion plant.
Advertising is the use of paid media by a seller to communicate persuasive information about its
product services or its organization.

In simple term the important of advertising has been summed up in the simple strategy
statement.“Delight bites FOOD LIMITED” Is telling and selling.

ADVERTISING OBJECTIVE:-
The main goal of advertising is to inform persuade and remind. There can be number of
objective of advertising like building up brand performance, create market for new product,
retaining customer etc. as advertising is an integral part of promotion is must have one or more
of the specific objectives.

“Delight bites FOOD LIMITED” Producing different types of product so they know that
it is necessary to advertise for their product so they are used media:

Media
Advertising media is a vehicle, which carries the sales message of an advertiser to the
prospects, by that way they said in closing the gap between producer& consumer. Effective
advertising refers to informing the public about the right product at the right time through the
right medium. Conveying a right message through a wrong medium at the wrong time would be
definite waste of resources. Right media selection is therefore the crux of the success of the
entire advertising campaign.
Media selection refers only to the selection of a specific medium of advertising from the
following:-
➢ ADVERTISING MEDIA
➢ NEWS PAPERS
➢ MAGAZINES
➢ PRESS

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 In “Delight bites FOOD LIMITED” since starting there is less need for advertising because
their brand loyalty high in the market. The buyers have total trust on the good will of the .On the
other view point is producing product, which is raw material for other industry. Therefore, they
need not to increase awareness of their product, as there is enough demand in the market.
Therefore,
they need less advertising for their product. However for new product mainly uses these Medias
i.e. advertising media direct.

PERSONAL SELLING:-

INTRODUCTION
Personal selling refers to oral face to face interaction or conversation between a sales
representative and prospective customer for the purpose of making sales. Basically, personal
selling is promotional tool used by a firm with the help of a well-trained and competitive spirited
sales person. Personal-selling is a unique tool as it is a face to face transaction between a sales
person and prospective customer.

DEFINITION:-
“Personal selling is an effective communicative instrument used by a business from
through trained sales force to obtain the best result”.
“Delight bites FOOD LIMITED” know the objective and important personal selling.
But the industries is famous in the market so it is not required selling. It does not use this tool.

SALES PROMOTIONS:-
According to sales department, they use sales promotion, as it is one of the effective
marketing efforts, which stimulates the consumer purchasing and dealer’s coupon public display
etc.
“Delight bites FOOD LIMITED” gives sales promotion at consumer level and dealer level”

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PUBLICITY:-

INRTODUCTION:-

Publicity is another important communication of promotional tool. It is non-personal

stimulation of demand for a product, service or a business unit by placing commercially
significant news about it in a publication or obtaining Favorable presentation of it upon radio,
television, or stage is not paid for by the sponsor.

DEFINITION:-
“Publicity is a marketing tool instruments any group that has an actual or potential interest on
ability to achieve its objectives”.

PRODUCT (FORECASTS)
INTRODUCTION

Product is the four from of the four p’s of marketing plan .it is the most tangible and important
single component of the marketing programmers. The meaning of product is: “Anything that can
be offered to satisfy a need or want of the customer” OR “Product is an entity which serves the
benefits to the customers”.

Which a product, there is nothing to distribute, nothing to promote, nothing to price. To the
marketer products are the building blocks of a marketing plan good product are the key to market
success. product decision are taken first by the marketers and these decisions are central to all
other marketing decision such as price ,place and promotion product is the vehicle by which a
provides consumer satisfaction. It is the engines that pull the rest of the marketing programmed.

The product concept according to Philip Kotler is:-“Consumer will favor those products that
offer most quality performance or innovative feature”.

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 DEFINITION:-

“The product may be a good a service or just an idea”.

A product is all thing offered to a market. Those things include physical objects, design,
brand, package, label, price, services, supportive literature, amenities and satisfaction not only
from physical product and services offered but also from ideas, personalities and organizations.
In short, a product is the sum total of physical, economic, social and psychological benefits.
Marketers must define their market in terms of product functions – what the customer expects
from the product.
Product is a basic element of marketing. Two important of the product strategy are.

➢ To place a new product in the marketing. i.e. product innovation.

➢ To make change in the existing product i.e. product planning and development.

Product is the thing possessing utility. It has many components like:

➢ Product range
➢ Product variety
➢ Product quality
➢ Feature
➢ Brand name
➢ Packaging etc.

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 CHAPTER – 7
BUSINESS OPERATIONS PLAN

PRODUCTION PLAN

PRODUT MANUFACTURING PROCESS OF DELIGHT BITES FOOD LIMITED

INDUSTRIES
Receipt of raw material

↓
Mixing

↓
Molding

↓
Baking

↓
Cooling

↓
Weighting

↓
Packing & dispatched

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 Product manufactured process

Vegan products is one of the most popular snacks used all over the world and liked by
people of all age groups. The specialty about vegan products is that they can be taken with
different things like milk,chesse,butter etc. Let's know about the manufacturing processes
involved in the production of vegan products. The manufacturing process consists of the
following steps:

1) RECEIPT OF RAW MATERIALS:-

The raw materials received from the supplier are stored in the respective containers which has
highly advanced technical inputs for the proper maintenance of flour through it is a perishable
product. There after the raw-materials are taken to the assembly along with the milk and then
production process starts.

2) MIXING:-

In this process all ingredients like flour, fat, sugar etc., are put together in the right
proportion for dough formation. The ingredients are fed into the mixers, where they are mixed

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 properly to prepare the dough. Here the dough temperature and mixing time play an important
role in the manufacturing of vegan products. Normally mixing time is between 10- 15 min but it
usually depends upon flour characteristics. It is performed in two or three stages with different
mixing speed.

3) MOULDING:-

Mixing is followed by molding, in which the dough is laminated into sheets and is passed
down to gauge rollers and appropriate sheet thickness is achieved for cutting. It is here that
biscuits are given a variety of shapes and sizes using cutter or molder. The speed of the molder
or the cutter depends on the variety of the vegan products. Use of molder or cutter depends on the
type of the dough where molder is used for short dough type of biscuit and cutters are used for
sheet variety or hard dough.

4) BAKING:-
It is the third stage in vegan products making process, where the molded biscuits are put into
the baking oven on required temperatures. There are various baking options with different kinds
of ovens available like direct fired, indirect fired and hybrid ovens, which can be used keeping in
mind the desired temperatures, the convenience and cost. Various methods of heating like
conduction, convection and radiation are used in the ovens. These ovens also have dampers to
control moisture inside the oven section. Generally, the ovens are classified as 4 zone, 5 zone or
6zone ovens where length varies from 40 meter to 80 meters. Vegan products are carried on wire
mesh band in oven.

5) COOLING:-

After baking biscuits, they are passed on to cooling conveyors for natural cooling prior to
packing. These conveyors are generally 300 - 400 ft. and can be of two or 3 deck type as per
space availability. In the conveyors, the temperature is brought down to room temperature.
Natural cooling is preferred to force cooling as it maintains the texture quality of Vegan products.

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6) WEIGHTING:-

In this stage, the weight of the particular ornament is made and for this balancing machine is
used. From the weight the price of the ornament is calculated. This calculation is note down in a
proper paper from which the customer can know the details.

7) PACKING & DISPATCHED:-

After cooling, the biscuits are stacked and fed into packing machine. These biscuits can be
availed in different packaging materials in different packs like slug packs, pouch pack or family
packs. These packs are then put into secondary packing’s like cartons for transporting to the
retailers. Packing material that are used for used for biscuit packaging are BOPP, Laminates
(pearliest or metalized), pouches.

The readymade biscuits are dispatched as per the order given. For this, we have a storage van
and trucks. The Vegan products are packed in the boxes, packets and other packs as per the
requirement.

Thus, these are the step involving in the production of “biscuits”. One thing that cares of is to
whole production process by machines only. The production process fully exempt from the
human touch. So we are considered the quality which is the first requirement of consumers.

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RAW MATERIAL & SUPPLIERS
Raw materials are one of the important things for production. If there is no raw material then
there would be no product of this unit. The firm obtains most of raw material from the local
market.

The important raw materials required for the manufacture of biscuits and it is as follows.

➢ Nuts
➢ Sugar
➢ Vegetable
➢ Flours
➢ Fruits
➢ Soya
➢ Beans
➢ Rice
➢ Packing Material

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 CHAPTER – 8

FINANCIAL PLANS & STATEMENTS

FINANCIAL PLAN

TRADING AND PROFIT&LOSS ACCOUNT

DELIGHT BITES FOOD LIMITED
Dr Cr
PARTICULARS PARTICULARS
To Opening stock 1,87,000 By sales
5,34,000
Credit
4,86,000 10,20,000
Cash

To purchase 2,91,000 By Closing stock 2,34,000

To wages 3,50,000
To carriage 12,500
To Gross profit 4,13,500
c/d

12,54,000 12,54,000

To Rent & 44,000 By Gross profit b/d 4,13,500

Taxes
To legal expenses 7,000 By Commission 15,000
To insurance 5,500

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 To advertising 13,300
To provision for 14,500
Bad debts
To depreciation 6,300
To Net profit 1,60,900
4,28,500 4,28,500

BALANCE SHEET
LIABILITIES RS ASSET RS
Current liabilities:- Current assets:-
Sundry creditors 15,000 Stock in hand 2,34,000
Bills receivable 12,000 Sundry debtors 1,25,000
Bank overdraft 33,500 Bills receivable 5,000
Outstanding expenses 49,000 Insurance prepaid 2,500
Capital 4,16,000 Machinery 1,44,000
Add: Net profit 1,60,000 Furniture 19,800
576000
Less: Drawings 1,55,200 4,20,800

TOTAL 5,30,000 TOTAL 5,30,300

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