M/s Arjun ltd. Co. started a business in October 2010 with Rs. 10,00,000 cash and took a Rs. 5,00,000 loan from HDFC Bank. It purchased furniture, machinery, goods from various suppliers and incurred expenses like advertisement, printing, telephone charges throughout the month while also making some cash sales, receiving payment from customers, and returning goods. At the end of the month, the company paid off its loan of Rs. 1,00,000 to HDFC Bank and some outstanding bills through cheques from Bank SBT and withdrew Rs. 5,000 cash for personal use, paying a total salary of Rs. 12,000.
M/s Arjun ltd. Co. started a business in October 2010 with Rs. 10,00,000 cash and took a Rs. 5,00,000 loan from HDFC Bank. It purchased furniture, machinery, goods from various suppliers and incurred expenses like advertisement, printing, telephone charges throughout the month while also making some cash sales, receiving payment from customers, and returning goods. At the end of the month, the company paid off its loan of Rs. 1,00,000 to HDFC Bank and some outstanding bills through cheques from Bank SBT and withdrew Rs. 5,000 cash for personal use, paying a total salary of Rs. 12,000.
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Sum about tally erp 9 , with all the ledgers and vouchers
M/s Arjun ltd. Co. started a business in October 2010 with Rs. 10,00,000 cash and took a Rs. 5,00,000 loan from HDFC Bank. It purchased furniture, machinery, goods from various suppliers and incurred expenses like advertisement, printing, telephone charges throughout the month while also making some cash sales, receiving payment from customers, and returning goods. At the end of the month, the company paid off its loan of Rs. 1,00,000 to HDFC Bank and some outstanding bills through cheques from Bank SBT and withdrew Rs. 5,000 cash for personal use, paying a total salary of Rs. 12,000.
M/s Arjun ltd. Co. started a business in October 2010 with Rs. 10,00,000 cash and took a Rs. 5,00,000 loan from HDFC Bank. It purchased furniture, machinery, goods from various suppliers and incurred expenses like advertisement, printing, telephone charges throughout the month while also making some cash sales, receiving payment from customers, and returning goods. At the end of the month, the company paid off its loan of Rs. 1,00,000 to HDFC Bank and some outstanding bills through cheques from Bank SBT and withdrew Rs. 5,000 cash for personal use, paying a total salary of Rs. 12,000.
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M/s Arjun ltd. Co.
2010 Oct:1 Arjun started a business with cash Rs. 10,00,000
Oct: 2 Received a bank loan from HDFC Bank Rs. 5,00,000 Opened a bank account with Bank SBT Rs. 2,00,000 Oct: 3 Bought Furniture from Furniture Mart Rs. Rs. 1,00,000 Advertisement payable to Media Advertiser Rs. 1,00,000 (Inv. No. 1284, due days 10 days) Oct: 4 Paid printing charge Rs. 500 Bought Machinery Rs. 1,20,000 Oct: 5 Purchased goods from Aroma Traders Rs. 85,000 (bill No: 108) Purchased goods for cash Rs. 10,000 Oct: 6 Telephone charge paid by SBT cheque Rs. 1800 (Ch No:123456789) Oct: 7 Cash sales Rs. 50,000 Oct: 8 Goods returned to Aroma traders Rs. 5,000 (agst Bill No: 108) Oct:10Cash paid to Aroma Traders Rs. 25,000 (Bill 108) Oct: 11Sold goods to Kishore Rs. 40,000 ( Bill No: 2) Oct: 12Cash received from Kishore Rs. 25,000 (Bill No: 2) Oct: 13Goods returned from Kishore Rs. 5,000 (Bill No: 2) Oct:15Cash withdrawn from SBT Bank Rs. 10,000 Oct: 16 Paid loan of HDFC Rs. 1,00,000 Oct: 17 Cheque of Bank SBT issued to Furniture Mart Rs. 50,000 Oct: 18 SBT Cheque issued to Media Advertiser Rs. 50,000 Oct: 25 Cash withdrawn from SBT Bank for personal use Rs. 5,000 Oct: 30 Paid salary Rs. 12,000 Like this create the following Ledgers Ledgers Group Loan HDFC A/c Loans Liability
