Dema socks pvt Ltd .

Clothing is the most basic of human needs . But most of the Indian people still do not
wear socks. As the literacy in the country is increasing and purchasing power of the
people is increasing there in lies a huge potential for socks.
Hence I plan to launch my very own sock manufacturing unit Dema socks pvt Ltd .
The various types of sock which we will offer will be gents socks , children socks , ladies
socks , men socks , ankle socks , school uniform socks , industrial cotton socks , hospital
socks ,sports socks , stockings and all these will be made using synthetic ,cotton yarn and
nylon yarn etc . We will further expand our business into necktie and hand gloves, wrist
band etc .

Project Brief
We will be making socks in two categories, cotton and nylon socks. Cotton socks are
specially preferred by sportsmen, besides their normal use and also have export potential
as well whereas Nylon socks are better for cold weather conditions.
Cotton and Nylon socks are further classified into two types: Pouch socks and reel socks
as people prefer both types of socks. All the equipment for the project used will be new.
There is a huge demand of socks in the market.

The following describe the complete flow of sock manufacturing unit :-

Calculations for the Project

Contributed Capital = 143 * 20 = 2860 lakh.
Long term loans = Maximum of 5720 lakh at 10 % annum (Will take loan of 2860 lakh )

Fixed asset at start = 40 % of total long term funds (maximum fund at start for fixed
asset)
= .4*5720lakh = 2288 lakh
Grant from government = 20% contribution of value of fixed asset
Depreciation written down method
Credit sale = 4 * cash sale
Credit purchase = 3 * cash purchase
Credit sale = 2 weeks.
Credit purchase = 2 week
Credit sale /purchase = notes ( bills of exchange )

Machinery Requirement and the Respective costs :A total number of 32 Single Cylinder 4 Feed machines will be installed, out of which
10 machines will be used to manufacture pouch socks and 6 machines will be used for
manufacturing reel heel socks in each category i.e 16 machines will make nylon socks
and 16 machines will make cotton socks .
Following table shows the machinery & equipment requirement:
Machinery & Equipment Requirement
Machine Description

No of Unit

Single Cylinder 4 Feed

(pouch heel)
Single Cylinder 4 Feed
(Reel heel)
Rosso Automatic Linear Linking
Machine
Air Compressor
Socks Reversing Machine
Quality Control Machine
Bleaching machine
Hydro extractor
Dryer
Boarding/Setting Machine
Diesel Generator
Boiler 3 ton
Transformer
Electric wiring, Steam piping
Etc. per Machine
Machinery Cost

20
12

Machine
Price in INR
2000000
2000000

Total Amount
in Rs
40000000
24000000

1200000

7200000

2
5
2
6
4
8
8
2
2
2
32

1600000
1000000
800000
350000
400000
200000
500000
1500000
1200,000
500000
250000

3200000
5000000
1600000
2100000
1600000
1600000
4000000
3000000
2400000
1000000
8000000
104700000

Production capacity:The factory will operate in 3 shifts on working days so total 24 hours. We will take
efficiency output to be 20 hours.
Sale price and quantity are mentioned in the table below.

Cotton
Pouch(dozen
pair)

Cotton Heel
(dozen pairs)

Nylon Pouch

Nylon Heel

(dozen pairs)

(dozen pairs)

Price

400

350

450

400

Quantity(per
day)

600

700

600

700

Calculation of Quantity produced:Pouch socks:- Net production

In 1 hour 60 dozen pairs are made
Total production 60 * 20 = 1200 dozen pair ( 4 hours break or subtracted for
inefficiency )

Reel Heel :- 24 hours 70 dozen pairs total production 70 * 20 = 1400 dozen pair

Total production in a year ( 300 * 2040 dozen pair ) = 504000 dozen pair

Raw material Expense:Raw material cost :- Cotton yarn 200/Kg

Nylon Yarn 320/Kg
Elastic Yarn 400/Kg
Per day raw material cost =
Cotton yarn :- 300 kg * 200 = 60000
Nylon yarn :- 300 kg * 320 = 96000

Elastic yarn :- 100 kg * 400 = 40000

Detergent for washing 8000
Packing material LS 10000

Human Resource Requirement

Following are the assumptions for human resource requirement and the corresponding
salary structure. Though the work started late in February but it is assumed that salary
paid is constant for whole 3 months.

Description

No. of Shifts

No. of
employees

Salary per
Month(Rs.)

Annual Salary
(Rs.)

Knitting
Machine
Operator

12

15000

180000

Knitting
Supervisor

20000

120000

Bleaching
Supervisor

20000

120000

Bleaching
Helper /
Bleaching
machine

15000

90000

Quality/Linking
/ Pressing /
Packing staff

30

15000

450000

Boiler Assistant

22000

132000

Compressor
assistant

18000

54000

Technician

30000

90000

Janitorial Staff

8000

48000

Production
Manager

60000

120000

Bleaching
Master

35000

70000

Boiler Engineer

45000

90000

Knitting Master

40000

160000

Technical
Supervisor

50000

100000

Quality in
charge

80000

240000

GM

80000

80000

Finance
Manager

70000

70000

Manager
Marketing

60000

60000

Asst. Marketing
manager

40000

40000

Accountant

40000

40000

Purchase officer

30000

30000

Assistant Acc.

35000

35000

Store
Supervisor

20000

80000

Office boys

10000

60000

Total direct cost = 2139000

Total indirect cost = 5,00,000
So total salary plus wages = 26,39,000

Material required in February:Raw material required for February:Cotton:- 13 days 13 * 300 = 3900

Nylon:- 13 days 13 * 300 = 3900

Elastic:- 13 days 1300

Raw material

Cotton (kg)

Nylon (kg)

Elastic (kg)

Detergent
(Rs)
Per day 8000

Packing
material
(Rs)
Per day
10,000

Net
Requirement

3900

3900

1300

1,04,000

1,30,000

Actual bought

8000

8000

2700

2,40,000

3,00,000

Net remaining
(Surplus )

4100

4100

1500

1,36,000

2,70,000

Material required in March:- Production days :- 23

1-15 march cost of cotton yarn 220, nylon 352, elastic 441 (Assuming purchase
price increased by 5 % in 15 days )
16-31 march cost of cotton yarn 231, nylon yarn = 370, elastic yarn = 463

Raw material Cotton

Nylon

Elastic

Detergent Packing
material

Net
Requirement

6900
( 2800)

2300 ( 800)

1,84,000
(48000)

6900
(2800)

2,30,000(40,000
)

Material required in April :- Production days :- 22

1-15 April cost of cotton yarn 243 , nylon 389 , elastic yarn 486
15 April 30 April - cost of cotton yarn 255 , nylon 408 , elastic yarn 510 (rounded
off the value )

Raw Material

Cotton Nylon

Elastic

Detergent

Packing
material

Net Requirement

6600

6600

2200

1,76,000

SALES IN FEBRUARY:- ( the demas are the invoice number)

Cash sales

Credit Sales

9,70,000

Dema 311,00,000

4,85,000

Dema 4
-4,00,000

11,20,000

Dema 5
8,60,000

Total Sales

Dema 6
15,85,000
Dema 7
18,60,000
Dema 8
28,35,000
Dema 9
16,00,000
2575000

102,40,000

1,28,15000

Sales statistics of February :February

(13 day
production )

Cotton
Pouch
( Price
400)

Cotton
Heel

Nylon
Pouch

Nylon
Heel

(Price

(Price

(Price

Sales
Volume

2,20,000

350 )

450 )

400 )

Produced

7800

9100

7800

9100

Sold

7400

8700

7500

8700

Net
remaining

400

400

300

400

32300

Total sales volume - 32300

Total sales volume in March then (increase of 10 %) 35,530
Total sales volume in April then (increase of 10 %) - 39083
Production started in Feb on :- 12 Feb
27 12 = 15 - 2 days holiday . so 13 day production

Sales statistics of March:We increased the sale price by 5 % as mentioned.

March (23
day production
)

Cotton
Pouch ( Price
420)

Cotton Heel

Nylon
Pouch

Nylon
Heel

1500

(Price 472
)

(Price
420 )
1500

(Price 367 )

Produced

13800

16100

13800

16100

Net carried
forward

400

400

300

400

Sold

8000

10000

7530

10000

Net remaining

6200

6500

6570

6500

Total Revenue

33,60,000

36,70,000

35,54,160

42,00,000

Sales
Volume

35,530

Sale Statistics of April:Since the inventory left in March was too high. So I overrided the constrain of net 10 %
growth in volume and increased the sales volume to keep inventory level in check.
April (22 day
production )

Cotton
Pouch ( Price
441)

Cotton Heel

Nylon
Pouch

Nylon
Heel

(Price 495
)

(Price
441 )

Produced

13200

15400

13200

15400

Net carried
forward

6200

6500

6570

6500

Sold

12000

12000

12000

12000

Net remaining

7400

9900

7770

9900

Net Revenue

52,92,000

46,32,000

59,40,000

52,92,000

(Price 386 )

Sales
Volume

48000

Loan Calculation:Loans

March EMI

April EMI

10 crore @ 10
% ( taken in
Feb )

21,24,704

21,24,704

10 crore @ 10
% (Feb)

21,24,704

21,24,704

8.6 crore @ 10
%(59 months )
(March)

18,51,151

Loan calculation:-

Invoice 9 sale - 28,35,000 = 2,721600 credit purchase 94.245 cash purchase 29

Credit sale 375 lakh cash sale 91

10 sale - 16,00,000 = 1536000

11-purchase 7,92,500 = 7,60,800
12- sale 3,67,000 = 352320
13 sale 4,20,000 = 4,03200
14 sale 3,93,500 = 377760
15 purchase 7,92,500 = 7,60,800
16 sale 14,16000 = 1359360
17 sale 11,01000 = 1056960
18 sale 9,86000 = 946560
19 sale 2960000 = 2841600
20 sale 18,49660 = 1775673.60
21 sale 1890000 = 1814400

22 sale 5,50,500 = 528480

23 purchase 8,75000 = 840000
24 sale 9,90000 = 950400
25 sale 29,77,000 = 2857920
26 purchase 1750000 = 1680000
27 purchase 17,50,000 = 1680000
28 sale 9,90,000 = 950400
29 sale 56,16,000 = 5391360

20 sale 14,16000 = 1359360

tx
n
no
.

date

particulars

debit(in
lakhs)

credit(i
n
lakhs)

net
balance

1/2/201
5

introduced capital worth

28,60,00,000 INR in the bank
account of name dema pvt ltd .

2860

2860

1/2/201
5

purchased land for soap

manufcaturing unit for 8,00,00,000
INR via cheque

800

2060

1/2/201
5

purchased 20 units of single cylinder

4 feed (pouch heel ) for 400,00,000
via cheque

400

1660

1/2/201
5

purchased 12 units of single cylinder

4 feed (reel heel ) for 240,00,000 via
cheque

240

1420

1/2/201
5

HOLIDAY

1420

3/2/201
5

availed loan of 10 crores from sbi

@10%

1000

2420

3/2/201
5

purchased 5 socks reversing machine

for 1000000 via cheque

10

2410

3/2/201
5

purchased 2 aircompressor for

1600000 on credit via cheque

16

2394

3/2/201
5

purchased 5 socks rosso automatic

linear linking machine for 7200000
via cheque

72

2322

10

4/2/201
5

purchased 2 quality machine for

1600000 via cheque

16

2306

11

4/2/201
5

purchased 5 bleaching machine for

2100000 on cash

21

2285

12

4/2/201
5

availed loan of 10 crores from sbi

@10%

1000

3285

13

4/2/201
5

paid 1 lakh as processing fee with

cash

3284

14

5/2/201
5

purchased 4 hydroextractors for

1600000 via cheque

16

3268

15

5/2/201
5

purchased 8 dryers for 1600000 on

cash

16

3252

16

5/2/201

purchased 8 boarding/setting

40

3212

machine for 4000000 via cheque

17

5/2/201
5

purchased 2 diesal generators for

3000000 via cheque

30

3182

18

5/2/201
5

purchased 2 boiler 3 ton for

2400000 with cash

24

3158

19

5/2/201
5

purchased 2 transformers for

1000000 via cheque

10

3148

20

6/2/201
5

8000000 spent on electric machine ,

steam pipe etc per machine with cash

80

3068

21

6/2/201
5

Custom duty charged on machinery

@ 5 % equivalent to 5235000 paid
with cash

52.35

3015.65

22

6/2/201
5

installation charges 4% equivalent to

4188000 paid via cheque

41.88

2973.77

23

6/2/201
5

purchase of 8 computer worth

360000 on cash

3.6

2970.17

24

7/2/201
5

purchase of 6 ac worth 240000 on

cash

2.4

2967.77

25

7/2/201
5

purchased 2 printers and 1 fax

machine for 80000

0.8

2966.97

26

7/2/201
5

purchased rest furniture set including

telephone on cash worth 1000000

10

2956.97

27

7/2/201
5

factory construction cost i.e the

whole operational area costed around
70000000 on cash

700

2256.97

28

8/2/201
5

paid 200000 for the water

connection of factory on cash

2254.97

29

8/2/201
5

paid 5,00,000 for the electrical

connection and electrical fitting for
factory on cash

2249.97

30

8/2/201
5

paid 50,000 for the stationary

expenses

0.5

2249.47

31

8/2/201
5

5 lakh commission paid to the broker

as cash

2244.47

32

8/2/201

5 lakh spent in inauguration and puja

2239.47

expenses as cash

33

8/2/201
5

1000000 rupee paid as licensing fee

and stamp duty as cash

10

2229.47

34

8/2/201
5

deposit 5 crore in marketable

securities

500

1729.47

35

9/2/201
5

holiday

1729.47

36

10/2/20
15

advance payment towards security

agency of 2 lakh on cash

1727.47

37

10/2/20
15

advance payment towards medical

service agency of 2 lakh on cash

1725.47

38

11/2/20
15

Brought raw material from ambika

mills i.e. Nylon(7500 kg) costing
INR 24,00,000 at credit with invoice
number dema1

1725.47

39

11/2/20
15

Brought raw material from ambika

mills i.e. Cotton (7500 kg) costing
INR 15,00,000 at credit with invoice
number dema2

1725.47

40

12/2/20
15

Brought raw material from surat

mills i.e. Elastic(2500 kg) costing
INR 10,00,000 with cash

10

1715.47

41

12/2/20
15

Brought detergent from shaym

distributor costing 2,00,000 on cash

1713.47

42

12/2/20
15

Bought packaging material from

shyam distributor costing 2,50,000
on cash

2.5

1710.97

43

13/2/20
15

transportation cost paid to ambika

mills 50000 on cash

0.5

1710.47

44

13/2/20
15

transportation cost paid to surat mills

50000 on cash

0.5

1709.97

45

14/2/20
15

bought 2 trucks worth Rs 22,00,000

via cheque

22

1687.97

46

14/2/20
15

advance wages ( 50 % ) paid from

bank account costing 13 lakh and all
the staff hired

13

1674.97

47

15/2/20
15

paid 1 lakh towards getting NOC

from enviroment board (cash )

1673.97

48

15/2/20
15

cash received 9,70,000 due to 2600

dozen pairs of cotton socks sold to
abc company

9.7

1683.67

49

16/2/20
15

holiday

1683.67

50

17/2/20
15

sale of 11,00,000 on credit due to

0
2600 dozen pairs of nylon socks sold
to ramlal sons with invoice number
dema3

5.5

1689.17

51

17/2/20
15

sale of 1000 dozen pairs to cotton

socks(pouch) on credit to spykar pvt
ltd worth rs 400000 with invoice
number dema4

1689.17

52

18/2/20
15

transportation and fuel expense in

sales 1 lakh paid via cash

1688.17

53

18/2/20
15

sale of 2000 dozen pairs of nylon

socks( 1200 pouch plus 800 heel ) to
Levis on credit worth rs 8,60,000
with invoice number dema5

1688.17

54

19/2/20
15

insurance of factory done premium

paid 5 lpa per month as premium
paid on cash

1683.17

55

19/2/20
15

purchased 4 trucks worth rupees 44

lakh on cash

44

1639.17

56

20/2/20
15

insurance of 6 trucks .premium paid

100000 as cash

1638.17

57

20/2/20
15

cash received 4,85,000 due to 1300

dozen pairs of cotton socks sold to
Levis ltd.

4.85

1643.02

58

21/2/20
15

sale of 15,85,000 on credit due to

2600 dozen pairs of nylon socks and
1300 dozen pairs of cotton socks
( 600 pouch plus 700 heel ) sold to
ramlal sons with invoice number
dema 6

1643.02

59

21/2/20
15

diesal fuel purchased worth 1 lpa on

cash

1642.02

60

22/2/20
15

Advertising expense 10 lakh paid to

TVF limited as cash

10

61

22/2/20
15

Invested 5 crore rupee in equity of

start up housing.com

500

62

23/2/20
15

HOLIDAY

63

24/2/20
15

Invested 5 crore rupee in equity of

snapdeal.com

500

632.02

64

24/2/20
15

Purchased marketable securities of 5

crore worth with a return of 6 % per
month

500

132.02

65

24/2/20
15

invested 50 lakhs in OYO rooms and 50

OLA cabs

82.02

66

25/2/20
15

Invoice dema 1 ( paid ) via cheque

( discount of 4 % ) , net pay 23,04,000

23.04

105.06

67

25/2/20
15

Invoice dema 2 ( paid ) via cheque

( discount of 4 % ) , net pay 14,40,000

68

25/2/20
15

Loan processing fee 2 lakh paid to

the bank via cheque

69

25/2/20
15

sale of 18,60,000 on credit due to

2600 dozen pairs of cotton socks and
2200 dozen pairs of nylon socks
( 1100 pouch plus 1100 heel ) sold to
Big bazaar with invoice number
dema 7

103.06

70

26/2/20
15

Brought raw material from ambika

mills i.e. Nylon(500 kg) , cotton
( 500 kg ) , elastic yarn ( 200 )costing
INR 3,57,000 at credit with invoice
number dema8

103.06

71

26/2/20
15

sale of 28,35,000 on credit due to

4500 dozen pairs of cotton heel socks
and 2800 dozen pairs of nylon

103.06

1632.02
0

1132.02
1132.02

105.06

103.06

pouch socks sold to Walmart with

invoice number dema9
72

26/2/20
15

cash sale of 11,20,000 due to 2800

dozen pairs of cotton pouch socks
sold to ramlal ltd

11.2

73

26/2/20
15

credit sale of 16,00,000 due to 4000

dozen pairs of nylon socks sold to
abc limited with invoice number
dema10

114.26

74

27/2/20
15

HOLIDAY(Emergency at home )

114.26

75

28/2/20
15

HOLIDAY(Emergency at home )

114.26

76

1/3/201
5

Brought raw material from surat

0
mills i.e. Nylon(1000
kg),Cotton(1000 Kg), Elastic(500Kg)
costing INR7,92,500 at credit with
invoice number dema 11

114.26

77

1/3/201
5

Brought detergent from shaym

distributor costing 40,000 on cash

113.86

78

1/3/201
5

Invoice dema 3 ( paid ) via cheque

( discount of 4 % ) , net pay 10,56,000

10.56

79

1/3/201
5

Invoice dema 4 ( paid ) via cheque

( discount of 4 % ) , net pay - 384000

3.84

80

3/3/201
5

Bought packaging material from

shyam distributor costing 40,000 on
cash

0.4

81

3/3/201
5

Muncipal tax paid 1% - 1.13 lakh

1.13

112.33

82

4/3/201
5

Salary paid to the employees

13,39,000 lakh via cheque

13.39

98.94

83

4/3/201
5

transaportation expense of raw

material purchases via cash 1 lakh

84

5/3/201
5

credit sale of 3,67,000 due to 1000

dozen pairs of cotton socks(heel)
sold to walmart ltd with invoice

0.4

114.26

113.46

97.94
0

97.94

number dema12
85

5/3/201
5

credit sale of 4,20,000 due to 1000

dozen pairs of nylon socks(heel)
sold to walmart ltd with invoice
number dema13

97.94

86

6/3/201
5

credit sale of 3,93,500 due to 500

dozen pairs of cotton ( heel ) and 500
dozen pairs of nylon (heel) to Big
bazaar with invoice number dema14

97.94

87

6/3/201
5

transportation and fuel expense

50,000 rupees via cash

0.5

97.44

88

7/3/201
5

HOLIDAY

97.44

89

8/3/201
5

HOLIDAY

97.44

90

9/3/201
5

Brought raw material from ambika

0
mills i.e. Nylon(1000
kg),Cotton(1000 Kg), Elastic(500Kg)
costing INR7,92,500 at credit with
invoice number dema15

97.44

91

9/3/201
5

took a loan of 8.6 crore from SBI @

10 %

860

957.44

92

9/3/201
5

Brought raw material from jeevan

textile mills i.e. Nylon(500
kg),Cotton(500 Kg), Elastic(250Kg)
costing INR3,96,250 with cash

3.9625

953.477
5

93

10/3/20
15

payment received Invoice dema 5

( paid ) , net pay - 8,42,112 (bad
receivable penalty applied )

8.421

961.898
5

94

10/3/20
15

payment received against Invoice

dema 6 of 15,21,600

15.216

977.114
5

95

11/3/20
15

Interest EMI paid to bank 4249408

via cheque

42.49408

934.620
42

96

11/3/20
15

payment worth Rs 4,03200 received

against invoice number13

4.032

938.652
42

97

12/3/20
15

credit sale of 14,16,000 due to 3000

dozen pairs of nylon socks (pouch)

938.652

sold to walmart ltd with invoice

number dema 16

42

98

12/3/20
15

cash withdrawan from bank 50 lakh

938.652
42

99

13/3/20
15

Maintenance/servicing ,oiling of the

machines . Paid with cash 20 Lakh

20

918.652
42

10
0

13/3/20
15

credit sale of 11,01,000 due to 3000

dozen pairs of cotton socks(heel)
sold to walmart ltd with invoice
number dema 17

918.652
42

10
1

14/3/20
15

credit sale of 9,86,000 due to 1000

dozen pairs of nylon ( pouch ) and
1100 dozen pairs of cotton (pouch) to
Spykar Ltd with invoice number
dema18

918.652
42

10
2

14/3/20
15

credit sale of 29,60,000 due to 4000

dozen pairs of cotton ( heel ) and
4000 dozen pairs of nylon (heel) to
Big Bazaar with invoice number
dema19

918.652
42

10
3

15/3/20
15

cash sale of 16,80,000 (paid via

cheque ) due to 4000 dozen pairs of
cotton ( pouch )

16.8

935.452
42

10
4

15/3/20
15

cash sale of 2,10,000 due to 500

dozen pairs of cotton (pouch) sold to
abc private ltd .

2.1

937.552
42

10
5

16/3/20
15

HOLIDAY

2.75

940.302
42

10
6

17/3/20
15

HOLIDAY

940.302
42

10
7

18/3/20
15

payment worth Rs 4,03200 received

against invoice number dema 13

4.032

944.334
42

10
8

18/3/20
15

Invoice dema 8 ( paid ) -3,42,720

3.4272

940.907
22

10
9

19/3/20
15

payment worth Rs 28,91,700

received against invoice number
dema 9 (bad receivable - penalty

28.917

969.824
22

applied 2 %)
11
0

19/3/20
15

payment worth Rs 1536000

received against invoice number
dema 10

15.36

985.184
22

11
1

20/3/20
15

invoice dema 11 cleared via cheque

worth 760800

7.608

977.576
22

11
2

20/3/20
15

payment worth Rs 352320 received

against invoice number dema12

3.5232

981.099
42

11
3

20/3/20
15

electricity bill payed 5 lakh via

cheque

976.099
42

11
4

21/3/20
15

HOLI HOLIDAY

976.099
42

11
5

22/3/20
15

976.099
42

11
6

23/3/20
15

976.099
42

11
7

24/3/20
15

credit sale of 18,49,660 due to 500

dozen pairs of cotton ( heel ) and
3530 dozen pairs of nylon (pouch) to
Big Bazaar with invoice number
dema 20

976.099
42

11
8

24/3/20
15

cash sale of 4,20,000 (paid via

cheque ) due to 1000 dozen pairs of
cotton ( pouch )

4.2

980.299
42

11
9

25/3/20
15

purchased extra furniture worth

4,00,000 via cheque

976.299
42

12
0

25/3/20
15

administrative expenses of day to day 3

cleared by giving cash 3 lakh

973.299
42

12
1

26/3/20
15

invested in market securities worth

RS 5 crore

500

473.299
42

12
2

26/3/20
15

payment worth Rs 3,77760

received against invoice number
dema14

3.7776

477.077
02

12
3

27/3/20
15

invoice dema 15 cleared via cheque

worth 760800

7.608

484.685
02

12
4

27/3/20
15

payment worth Rs 1359360

received against invoice number
dema16

13.5936

471.091
42

12
5

28/3/20
15

waste disposal done at plant with

cash 2 lakh

469.091
42

12
6

28/3/20
15

payment worth Rs 1056960

received against invoice number
dema17

10.569
6

479.661
02

12
7

29/3/20
15

credit sale of 18,90,000 due to 4500

dozen pairs of nylon ( heel ) to Big
Bazaar with invoice number dema 21

479.661
02

12
8

29/3/20
15

cash sale of 1400 cotton (pouch)

worth 5,88,000

5.88

485.541
02

12
9

30/3/20
15

1500 cotton ( heel ) socks sold on

credit worth 5,50,500 with invoice
number dema 22

485.541
02

13
0

30/3/20
15

Bought packaging material from

shyam distributor costing 40,000 on
cash

0.4

485.141
02

13
1

30/3/20
15

Brought detergent from shaym

distributor costing 40,000 on cash

0.4

484.741
02

13
2

31/3/20
15

HOLIDAY

484.741
02

13
3

1/4/201
5

Salary paid to the employees

26,39,000 lakh via cheque

26.39

458.351
02

13
4

1/4/201
5

payment worth Rs 946560 received

against invoice number dema18

9.4656

467.816
62

13
5

2/4/201
5

Muncipal tax paid 1% - 4.68 lakh

4.68

463.136
62

13
6

2/4/201
5

Brought raw material from surat

0
mills i.e. Nylon(1000
kg),Cotton(1000 Kg), Elastic(500Kg)
costing INR8,75,000 at credit with
invoice number dema 23

463.136
62

13
7

3/4/201
5

Bought packaging material from

shyam distributor costing 100,000 on

462.136
62

cash
13
8

3/4/201
5

Bought packaging material from

shyam distributor costing 100,000 on
cash

461.136
62

13
9

4/4/201
5

Water bill paid worth 2 akh via cash

459.136
62

14
0

4/4/201
5

transportation expense paid via

cheque worth 1 lakh

458.136
62

14
1

5/4/201
5

fuel expenses paid worth 5 lakh

453.136
62

14
2

5/4/201
5

payment worth Rs 1775673.60

received against invoice number
dema 20

17.756
73

470.893
35

14
3

6/4/201
5

credit sale of 9,90,000 due to 2000

0
dozen pairs of nylon ( pouch ) to Big
Bazaar with invoice number dema 24

470.893
35

14
4

6/4/201
5

cash sale of 19,84,500 due to 4500

dozen pairs of cotton ( pouch ) to
Big Bazaar

19.845

490.738
35

14
5

7/4/201
5

HOLIDAY

490.738
35

14
6

8/4/201
5

HOLIDAY

490.738
35

14
7

9/4/201
5

Bought raw material from surat mills

i.e. Nylon(2000 kg),Cotton(2000
Kg), Elastic(1000Kg) costing
INR17,50,000 at credit with invoice
number dema 25

490.738
35

14
8

9/4/201
5

Bought packaging material from

shyam distributor costing 180,000 on
cash

4.8

485.938
35

14
9

10/4/20
15

Bought detergent from shyam

distributor costing 380,000 on cash

3.8

482.138
35

15
0

10/4/20
15

payment worth Rs 1814400

received against invoice number
dema21

18.144

500.282
35

15
1

11/4/20
15

payment worth Rs 528480 received

against invoice number dema22

5.2848

505.567
15

15
2

11/4/20
15

Dividend paid 3 crore to the owners

300

205.567
15

15
3

12/4/20
15

EMI paid of Loan 1 and Loan 2

worth rs 4249408 via cheque

42.49408

163.073
07

15
4

12/4/20
15

EMI paid of Loan 3 worth rs

1851151 via cheque

18.51151

144.561
56

15
5

13/4/20
15

credit sale of 29,77,000 due to

dozen pairs of 2000 cotton heel ,
2000 nylon heel , 3000 cotton pouch
to Big Bazaar with invoice number
dema 26

144.561
56

15
6

13/4/20
15

cash sale of 19,84,500 due to 4500

dozen pairs of cotton ( pouch ) to
Walmart

19.845

164.406
56

15
7

14/4/20
15

Advertising expense 10 lakh paid to

tv ads and posters as cash

10

154.406
56

15
8

14/4/20
15

invoice dema 23 paid via cheque

worth 840000

8.4

146.006
56

15
9

15/4/20
15

HOLIDAY

146.006
56

16
0

16/4/20
15

HOLIDAY

146.006
56

16
1

17/4/20
15

payment worth Rs 2898432(bad

receivable penalty applied ) received
against invoice number dema19

28.9

174.906
56

16
2

17/4/20
15

Water bill paid worth 2 akh via cash

172.906
56

16
3

18/4/20
15

Bought raw material from surat mills

i.e. Nylon(2000 kg),Cotton(2000
Kg), Elastic(1000Kg) costing
INR17,50,000 at credit with invoice
number dema 27

172.906
56

16
4

18/4/20
15

credit sale of 9,90,000 due to 2000

0
dozen pairs of nylon ( pouch ) to Big

172.906
56

Bazaar with invoice number dema 28

16
5

19/4/20
15

credit sale of 44,06,000 due to 2000

nylon heel + 4000 nylon pouch +
4000 cotton heel to Amazon with
invoice number dema 29

172.906
56

16
6

19/4/20
15

payment worth Rs 950400 received

against invoice number dema24

9.504

182.410
56

16
7

20/4/20
15

payment worth Rs 2857920

received against invoice number
dema26

28.579
2

210.989
76

16
8

20/4/20
15

waste disposal done at plant with

cash 2 lakh

208.989
76

16
9

21/4/20
15

transportation expense worth 8 lakh

paid

200.989
76

17
0

22/4/20
15

credit sale of 56,16,000 due to 6000

dozen pairs of nylon ( pouch ) and
4000 nylon (heel) to Big Bazaar with
invoice number dema 30

200.989
76

17
1

23/4/20
15

credit sale of 49,62,000 due to 6000

dozen pairs of nylon ( heel ) , 6000
dozen pairs of cotton (heel )to Big
Bazaar with invoice number dema 31

200.989
76

17
2

23/4/20
15

invoice dema 25 ( paid ) with cash

worth 16,80,000

16.8

184.189
76

17
3

23/4/20
15

invoice dema 27 ( paid ) with cash

worth 16,80,000

16.8

167.389
76

17
4

23/4/20
15

Maintenance/servicing ,oiling of the

machines . Paid with cash 20 Lakh

20

147.389
76

17
5

24/4/20
15

HOLIDAY

147.389
76

17
6

25/4/20
15

HOLIDAY

17
7

26/4/20
15

payment worth Rs 950400 received

against invoice number dema28

9.504

156.893
76

17
8

26/4/20
15

payment worth Rs 44,29,760

received against invoice number

44.297
6

201.191
36

147.389
76

dema29
17
9

27/4/20
15

HOLIDAY

201.191
36

18
0

28/4/20
15

HOLIDAY

201.191
36

18
1

29/4/20
15

invested in market securities worth

RS 50 lakh

50

151.191
36

18
2

30/4/20
15

credited salary of employees worth

26,39,000

26.39

124.801
36