Session-1(Company, Ledgers with opening Balance, Bill-wise detail)
Q,1 Create a new Company namely Crescent Computech (Your Name) with the
following details:
Mailing Name – Crescent Computech Pvt. Ltd.
Address – Put Your Company Address Gorakhpur
Statutory Compliance for – India
State – Uttar Pradesh
PIN Code – 273001
Financial Year from – 01/04/2025
Books Beginning from – 01/04/2025
Q.2 Create the following initial ledgers with their opening balance:
Particulars | Amount in Rs. (Dr.) | Amount in Rs. (Cr.) |
Capital Account |
| 2,99,979 |
Air Conditioner | 33,050 |
|
Profit & Loss |
| 40,010 |
Computers | 36,050 |
|
Cash in Hand | 8,190 |
|
ICICI Bank | 39,920 |
|
Sundry Creditors |
| 22,100 |
Sundry Debtors | 68,000 |
|
Closing Stock | 74,000 |
|
Business Premises | 74,353 |
|
Furniture | 8,920 |
|
Outstanding Electricity Bill |
| 8,726 |
Outstanding Telephone Bill |
| 5,640 |
Outstanding Salary |
| 25,000 |
Motor Vehicle | 58,972 |
|
Total | 4,01,455 | 4,01,455 |
Sundry Creditors’ Details
Party Name | Reference No. | Bill Date | Amount | Due Days |
Busy InfoTech Pvt. Ltd. | PUR/BIT/074 | 01/03/2009 | Rs.3,200 | 30 Days |
PUR/BIT/075 | 02/03/2009 | Rs.6,400 | 30 Days | |
Tally Solution Pvt. Ltd. | PUR/TS/011 | 31/03/2009 | Rs.12,500 | 30 Days |
Sundry Debtors’ Detail
Party Name | Reference No. | Bill Date | Amount | Due Days |
K.K. InfoTech | SALE/KKI/054 | 01/03/2009 | Rs.37,200 | 30 Days |
Max Computech | SALE/MC/078 | 01/03/2009 | Rs.26,000 | 30 Days |
SALE/MC/079 | 31/03/2009 | Rs.4,800 | 30 Days |
