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    Mohit Sharma
    The document contains the transactions of PQR Pvt Ltd over 25 entries. It records the company investing cash of Rs. 50 crore, purchasing land, plant construction, machinery, office furniture, and raw materials. It also took a loan of Rs. 2 crore and recorded various expenses like salaries, transportation costs, rent, and interest payments. The company's sales included finished goods sold to ABC, XYZ and MNO Pvt Ltd totaling Rs. 9 crore with a net profit of Rs. 72.685 lakhs.

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    Home Assignment FA

    Uploaded by

    Mohit Sharma
    34 views14 pages
    The document contains the transactions of PQR Pvt Ltd over 25 entries. It records the company investing cash of Rs. 50 crore, purchasing land, plant construction, machinery, office furniture, and raw materials. It also took a loan of Rs. 2 crore and recorded various expenses like salaries, transportation costs, rent, and interest payments. The company's sales included finished goods sold to ABC, XYZ and MNO Pvt Ltd totaling Rs. 9 crore with a net profit of Rs. 72.685 lakhs.

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    The document contains the transactions of PQR Pvt Ltd over 25 entries. It records the company investing cash of Rs. 50 crore, purchasing land, plant construction, machinery, office furniture, and raw materials. It also took a loan of Rs. 2 crore and recorded various expenses like salaries, transportation costs, rent, and interest payments. The company's sales included finished goods sold to ABC, XYZ and MNO Pvt Ltd totaling Rs. 9 crore with a net profit of Rs. 72.685 lakhs.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    34 views14 pages

    Home Assignment FA

    Uploaded by

    Mohit Sharma
    The document contains the transactions of PQR Pvt Ltd over 25 entries. It records the company investing cash of Rs. 50 crore, purchasing land, plant construction, machinery, office furniture, and raw materials. It also took a loan of Rs. 2 crore and recorded various expenses like salaries, transportation costs, rent, and interest payments. The company's sales included finished goods sold to ABC, XYZ and MNO Pvt Ltd totaling Rs. 9 crore with a net profit of Rs. 72.685 lakhs.

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    Transactions of PQR Pvt Ltd

    Sr no. Transactions Paid


    1 Invested cash 5 crore
    2 Purcahsed land for 50,00,000 5,000,000
    3 Plant construction for 1.5 crore 15,000,000
    4 Purchased machinery 4 crore 40,000,000
    5 Took loan from bank of 2 crore
    6 Purchased office furniture 30,00,000 3000000
    7 Purchased Air condition 10,00,000 1000000
    8 Purchased Raw materials 60,00,000 6000000
    9 Transpotation cost 20,000 20000
    10 Interest paid to bank 5,00,000 500000
    11 Purchased office stationary 50,000 50000
    12 Finished goods sold to ABC Pvt Ltd 4 crore
    13 Salary paid to employees 40,00,000 4000000
    14 Invested money on bonds 2 crore 20,000,000
    15 Paid 1,00,000 for advertisment in news paper 100000
    16 Rented a warehouse near plant 90,000 90000
    17 Purchased raw materials 30,00,000 3000000
    18 Interest paid to bank 5,00,000 500000
    19 Transpotation cost 15,000 15000
    20 Finished goods sold to XYZ Pvt Ltd 3 crore
    21 Salary paid to employees 50,00,000 5,000,000
    22 Interest received on bonds and bank 20,00,000
    23 Utility expenses 10,00,000 1,000,000
    24 Finished goods sold to MNO Pvt Ltd 2 crore
    25 Warehouse rent 90,000 90000
    104,365,000
    Financial Accounting
    Financial statement Assignment
    (Prof. V.K. Gupta)
    Submitted by - Mohit P Sharma

    Cash
    50,000,000

    20,000,000

    40,000,000

    30,000,000

    2,000,000

    20,000,000
    162,000,000
    Journal
    Sr no Particulars Debit Amount (Rs)
    1 Cash 50,000,000
    Capital

    2 Land 5,000,000
    Cash

    3 Construction 15,000,000
    Cash

    4 Machine 40,000,000
    Cash

    5 Cash 20,000,000
    Cash payable

    6 Furniture 3,000,000
    Cash

    7 Air condition 1,000,000


    Cash

    8 Raw material 6,000,000


    Cash

    9 Transportation 20,000
    Cash

    10 Interest paid 500,000


    Cash

    11 Stationery 50,000
    Cash

    12 Cash 40,000,000
    Sales revenue

    13 Salary 4,000,000
    Cash

    14 Investment on Bonds 20,000,000


    Cash

    15 Adertisment 100,000
    Cash

    16 Rent expenses 90,000


    Cash

    17 Raw materials 3,000,000


    Cash

    18 Interest Paid 500,000


    Cash

    19 Transportation 15,000
    Cash

    20 Cash 30,000,000
    Sales

    21 Salary 5,000,000
    Cash

    22 Cash 2,000,000
    Returns on bonds

    23 Utility 1,000,000
    Cash

    24 Cash 20,000,000
    Sales

    25 Rent 90,000
    Cash
    Credit Amount (Rs)

    50,000,000

    5,000,000

    15,000,000

    40,000,000

    20,000,000

    3,000,000

    1,000,000

    6,000,000

    20,000

    500,000

    50,000
    40,000,000

    4,000,000

    20,000,000

    100,000

    90,000

    3,000,000

    500,000

    15,000

    30,000,000

    5,000,000

    2,000,000

    1,000,000
    20,000,000

    90,000
    Ledger

    Cash Land

    50,000,000 5,000,000 50,00,000


    20,000,000 15,000,000
    90,000,000 40,000,000
    2,000,000 3,000,000
    1,000,000 Construction
    9,000,000
    35,000 15,000,000
    1,000,000
    50,000
    9,000,000 Machinery
    20,000,000
    100,000 4,00,00,000
    180,000
    1,000,000
    Furniture
    162,000,000 104,365,000
    30,00,000

    Balance 57,635,000
    Land Air Condition Transport

    10,00,000 35,000

    Raw materials Investment


    Construction
    60,00,000 2,00,00,000
    30,00,000

    90,00,000 Balance
    Machinery
    Loan
    Advertisment
    10,00,000 2,00,00,000
    1,00,000
    Furniture
    Balance 1,90,00,000
    Advertisment

    1,00,000

    Sales Revenue

    4,00,00,000
    3,00,00,000
    2,00,00,000

    Balance 9,00,00,000

    Investment revenue

    20,00,000
    Trail Balance
    Debit Credit
    Cash 57,635,000
    Capital 50,000,000
    Land 5,000,000
    Construction 15,000,000
    Machine 40,000,000
    Furniture 3,000,000
    Air condition 1,000,000
    Raw materials 9,000,000
    Transportation 35,000
    Loan 19,000,000
    Stationery 50,000
    Salary 9,000,000
    Investment on bonds 20,000,000
    Advertisment 100,000
    Utility 1,000,000
    Rent 180,000
    Revenue 90,000,000
    Interest received 2,000,000

    161,000,000 161,000,000
    Income statement
    Income Expenses

    9,000,000
    35,000

    9,000,000

    100,000
    1,000,000
    180,000
    90,000,000
    2,000,000

    92,000,000 19,315,000
    Net profit 72,685,000
    Blanace Sheet
    Assets Liabilities & Owner's Equity
    57635000
    50000000
    5000000
    15000000
    40000000
    3000000
    1000000

    19000000
    50000

    20000000

    Net profit 72,685,000


    141685000 141685000

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