BUSINESS OF NANDINI KAPUR(F.

Y 23-24)
April 2023
1) 1-4-2023 Nandini Kapur started Universal Business Solution by
bringing in cash Rs.3,00,000.

2) 2-4-2023 MISS KAPUR paid Rs.22,500 in cash to purchase a

computer with preloaded Tally PRIME.The computer does not
value at the end of its useful life of four years. All assets are to be
depreciated using the straight line method.

3) 2-4-2023 MISS KAPUR opened a bank account with HDFC

Bank ,Bangalore for the firm by depositing cash of Rs.1,00,000.

4) 2-4-2023 MISS KAPUR rented an office space for Rs.2,500 per

month on April 01,2023.She paid the security deposite of
Rs.25,000 by cheque.

5) 2-4-2023 MISS KAPUR hired Maya Nair as Manager on a monthly

salary of Rs.7500.She also hired Vijay Narayan as Assistant
Manager on a monthly salary of Rs.4,500.
 6) 2-4-2023 MISS KAPUR issued cheques and purchased the
following fixed assets.
a. Cell phone-Rs.60000
b. Furniture-Rs.20000
c. Air conditioner –Rs.20000
d. Electrical Fittings-Rs.15,000

7)2-4-2023 MISS KAPUR obtained a mobile phone subscription

from planet Telecommunications Ltd. by paying a deposite of Rs.3,000
in cash

8)2-4-2023 MISS KAPUR purchased stationery consumables

worth Rs.12,500 from Global house on credit.

9)2-4-2023 Ms. Kapur signed a contract with silver services to provide

consultancy services at an agreed price of Rs.75,000.She received an
advance of Rs.25000 by cheque.

10)2-4-2023 MISS KAPUR deposited Rs.50,000 cash in HDFC Bank.

11)2-4-2023 MISS KAPUR received an invoice for Rs.6,000 from Ink and
paper publishers for printing office stationery.

12)2-4-2023 MISS KAPUR withdrew Rs.7,500 cash for personal use.

13)2-4-2023 MISS KAPUR paid Rs.750 in cash towards office

maintenance charges for April 2021.

CHECK TRIAL BALANCE

 MAY 2023
14)1-5-2023 MISS KAPUR paid Rs.6,000 in cash to Ink and paper
publishers.

15)2-5-2023 MISS KAPUR paid Rs.2,500bycheque towards office rent

for April 2023

16)2-5-2023 MISS KAPUR paid salaries through cheque for April 2023
(25 days)to 1.Maya Nair>Rs.6,500 2.Vijay Narayan >Rs.3,900.

17)2-5-2023 MISS KAPUR received and paid her mobile phone bill
amounting to Rs.1,250 in cash for April 2023.

18)2-5-2023 MISS KAPUR issued a cheque of Rs.12,500 to Global

House.

19)2-5-2023 MISS KAPUR paid Rs.1,100 in cash towards electricity

charges for April 2023.

20)2-5-2023 MISS KAPUR received a further advanced of Rs.25,000

from Silver Services by cheque.

21)2-5-2023 Ms. Kapurreimbursed conveyance bills amounting to

Rs.650 in cash to Vijay Narayan.

22)2-5-2023 Ms. Kapur paid Rs.150 in cash towards miscellaneous

office expenses.

23)2-5-2023 Ms. Kapur received Rs.15,000 as consulting revenue in

cash from omega infotech.
24)2-5-2023 MISS KAPUR raised an invoice for Rs.75,000 on silver
Services after completion of the service. Silver Services paid the balance
amount of Rs.25,000 in cash after deducting the advance.

25)28-5-2023 MISS KAPUR withdraw Rs 6000 cash for personal use.

CHECK TRIAL BALANCE

June2023
27)1-6-2023 MISS KAPUR paid Rs.2500 in cash towards office rent for
May 2023.

28)1-6-2023 MISS KAPUR paid salaries by cheque for May 2021.

29)2-6-2023 MISS KAPUR recived an invoice for Rs.55,00 from raj

travels.including Rs.2,300 towards cab hiring charges and Rs.3200
towards out station tours.

30)2-6-2023 MISS KAPUR recived Rs.35,000 in cash as consulting

revenue from Eateries food chain.

31)2-6-2023 MISS KAPUR deposited Rs.30,000 in HDFC Bank.

32)2-6-2023 MISS KAPUR paid mobile phone bill amounting to Rs.1350

by cheque for May 2023.

33)2-6-2023 MISS KAPUR reimbursed conveyance bills amounting to Rs

750 in cash to Vijay Narayan .
34)2-6-2023 MISS KAPUR paid Rs.1250 in cash towards Electricity bill.
for May 2023.

35) 2-6-2023 MISS KAPUR paid Rs.750 in cash towards Office

maintenance charges for May 2023.

36)2-6-2023 MISS KAPUR paid Rs.3000 in cash salary advance to Maya

Nair.

37)2-6-2023 MISS KAPUR withdraw Rs.6,000 cash for personal use.

CHECK TRIAL BALANCE

July 2023
38)1-7-2023 MISS KAPUR raised an invoice for Rs.65,000 on Alfatech
for Services provided.

39)2-7-2023 MISS KAPUR subscribed for the ‘Management Consultant

‘ journal paying Rs.2,400 by cheque,period july 2023 to2025.

40)2-7-2023 MISS KAPUR paid salaries for june 2023 by cheque.salary

advance paid to Maya Nair is adjusted against the salary paid.

41)2-7-2023 MISS KAPUR paid office rent by cheque for june 2023

42)2-7-2023 MISS KAPUR recived Rs.35,000 by cheque from Alfatech

Solutions.

43)2-7-2023 MISS KAPUR paid Rs.750 in cash towards Office

maintenance charges for june 2023.
44)2-7-2023 MISS KAPUR paid Rs.1650 by cheque as towards Mobile
Phone charges for june 2023.

45)2-7-2023 Ms. Kapur reimbursed conveynce bills of Rs.550 in cash

to Vijay Narayan.

46)2-7-2023 MISS KAPUR withdraw Rs.6,500 cash for personal use.

CHECK TRIAL BALANCE

August2023
47)1-8-2023 MISS KAPUR paid by cheque Rs.6,000 for insurance of
fixed assets.The period of insurance is from August 1,2023to 2025.

48)2-8-2023 MISS KAPUR recived Rs.30000 in cash as consulting

revenue from World X Multimedia.

49)2-8-2023 MISS KAPUR paid salaries for july 2023 by cheque.

50)2-8-2023 MISS KAPUR paid office rent for july 2023 by cheque.

51)2-8-2023 MISS KAPUR withdraw rs.25000 form HDFC Bank.

52)2-8-2023 MISS KAPUR paid Rs.750 in cash towards Office

maintenance charges for july 2023.

53)2-8-2023 Ms. Kapur Raised an invoice for Rs.50,000 on Media live

production for services provided. Credit 30 days.

54)2-8-2023 MISS KAPUR paid Rs.950 in cash towards electricity

charges for only july 2023.
55)2-8-2023 MISS KAPUR paid Rs.21,00 by cheque as towards Mobile
Phone charges for july 2021.

56)2-8-2023 Medialive production settled the bill for a final amount of

Rs.48,000by paying Rs.20,000 in cash and Rs.28,000 by cheque.

57)2-8-2023 MISS KAPUR withdraw Rs.7,000 cash for personal use.

58)2-8-2023 MISS KAPUR recived Rs.30,000 by cheque from Alfatech

Solutions

59)2-8-2023 MISS KAPUR reimbursed conveyance bills amounting to Rs

1200 in cash to Vijay Narayan.

CHECK TRIAL BALANCE

September 2023
60)1-9-2023 MISS KAPUR paid Rs.3,800 in cash for repairs and
Maintenance of office premises.

61)2-9-2023 MISS KAPUR paid salaries for August 2023 by cheque.

leave for 15 days .MAYA NAIR was paid half-months salary.

62)2-9-2023 MISS KAPUR paid office rent for August2023 by cheque.

63)2-9-2023 MISS KAPUR recived an invoice for Rs.7,600 from Raj

Travels. including 3,150 towards cab hiring charges and Rs.4,450
towards outstations tours.

64)2-9-2023 MISS KAPUR paid Rs.750 in cash towards Office

maintenance charges for August 2023.
65)2-9-2023 MISS KAPUR recivedRs.25,000 in cash as consulting
revenue from cam and cut production.

66)2-9-2023 MISS KAPUR paid Rs.1,300 in cash towards electricity

charges for only August3.

67)2-9-2023 MISS KAPUR reimbursed conveyance bills amounting to Rs

500 in cash to Vijay Narayan.

68)2-9-2023 MISS KAPUR paid Rs.1,0000 by cheque to Raj Travels.

69)2-9-2023 MISS KAPUR paid Rs.1,750 by cheque as towards Mobile

Phone charges for August 2023.

70)2-9-2023 MISS KAPUR withdraw Rs.5,500 cash for personal use.

CHECK TRIAL BALANCE

October2023
71)1-10-2023 MISS KAPUR recivedRs.50,000 by cheque as consulting
revenue from exceed International Couriers.

72)2-10-2023 MISS KAPUR paid office rent for September2023 by

cheque.

73)2-10-2023 MISS KAPUR withdraw rs.30,000 form HDFC Bank .

74)2-10-2023 MISS KAPUR paid salaries for September 2023 by

cheque.

75)2-10-2023 MISS KAPUR paid Rs.750 in cash towards Office

maintenance charges for September 2023.
76)2-10-2023 MISS KAPUR purchased stationery items worth Rs.1,600
in cash.

77)2-10-2023 MISS KAPUR paid Rs.1,5000 in cash as consulting revenue

from Samaritan Products.

78)2-10-2023 MISS KAPUR paid Rs.1,700 in cash towards electricity

charges for September 2023.

79)2-10-2023 MISS KAPUR paid Rs.2,300 by cheque as towards Mobile

Phone charges for September 2023.

80)2-10-2023 MISS KAPUR introduced further capital into thr firm by

bringing in cash of Rs.1,00,000.

81)2-10-2023 MISS KAPUR deposited cash amounting to Rs.75,000 in

HDFC Bank.

82)2-10-2023 MISS KAPUR reimbursed conveyance bills amounting to

Rs 16,00 in cash to Vijay Narayan.

83)2-10-2023 MISS KAPUR entered into a contract with planet

consultancy for providing service at an agreed price of Rs.35,000 an
advance of Rs.10000 was received by cheque.

CHECK TRIAL BALANCE

 November2023
84)1-11-2023 MISS KAPUR withdraw Rs.7,200 cash for personal use.

85)2-11-2023 MISS KAPUR recived an invoice for Rs.7,600 from Raj

Travels.including 2,800 towards cab hiring charges and Rs.4,450
towards outstations tours.

86)2-11-2023 MISS KAPUR paid salaries for October 2023 by cheque.

87)2-11-2023 MISS KAPUR paid Rs.750 in cash towards Office

maintenance charges for October 2023.

88)2-11-2023 MISS KAPUR recivedRs.27,500 in cash as consulting

revenue from Trishul software solution.

89)2-11-2023 MISS KAPUR paid office rent for October2023 by

cheque.

90)2-11-2023 Planet consultancy terminated their contract and the

advance of Rs.10,000 was refunded to them by cheque.

91)2-11-2023 HDFC Bank intimated MISS KAPUR that the cheque of

Trishul Software Solution for Rs.27,500 had bounced.Trishul Software
Solution was informed of this development and they promised to pay
the amount in a few days.

92)2-11-2023 MISS KAPUR paid Rs.950 in cash towards electricity bill

charges for October 2023.

93)2-11-2023 MISS KAPUR recivedRs.12,500 in cash from Trishul

Software Solution.
94)2-11-2023 MISS KAPUR paid Rs.1,470 by cheque as towards
Mobile Phone charges for October 2023.

95)2-11-2023 MISS KAPUR reimbursed conveyance bills amounting to

Rs 900 in cash to Vijay Narayan.

96)2-11-2023 MISS KAPUR withdraw Rs.6,500 cash for personal use.

CHECK TRIAL BALANCE

December2023
97)1-12-2023 The statement ,received from HDFC Bank ,shows that
the bank has charged RS.550 as cheque bouncing charges and Rs.330 as
cheque book charges.

98)1-12-2023 MISS KAPUR paid office rent for November2023 by

cheque.

99)1-12-2023 MISS KAPUR paid salaries for November 2023 by

cheque.

100)1-12-2023 MISS KAPUR recived an invoice for Rs.6,200 from Raj

Travels.including 3,000 towards cab hiring charges and Rs.3,200
towards outstation stours.

101)1-12-2023 MISS KAPUR recived Rs.750 in cash as consulting

revenue from Unigrand Technologies.

102)1-12-2023 MISS KAPUR withdraw rs.30,000 form HDFC Bank .

103)1-12-2023 MISS KAPUR paid Rs.950 in cash towards office
maintenances charges for October 2021.

104)1-12-2023 MISS KAPUR purchased office equipment worth RS.

12,000 on credit from Transfertech.ltd the asset does not have any
disposal value after its useful life of 6 years.

105)1-12-2023 MISS KAPUR paid Rs.1,450 by cheque as towards

Mobile Phone charges for November 2023.

106)1-12-2023 MISS KAPUR paid Rs.850 in cash towards electricity

bill charges for November 2023.

107)1-12-2023 MISS KAPUR reimbursed conveyance bills amounting

to Rs 1,100 in cash to Vijay Narayan.

108)1-12-2023 MISS KAPUR paid Rs.12,050 by cheque to transform

Tech Pvt.Ltd.

109)1-12-2023 MISS KAPUR raised an invoice for Rs.42,500 on

Ingroove Designers for Consultancy services.

110)1-12-2023 MISS KAPUR recivedRs.15,500 in cash from Trishul

Software Solutions.

111)1-12-2023 MISS KAPUR withdraw Rs.6,000 cash for personal use.

112)1-12-2023 MISS KAPUR paid Rs.850 by cheque towards

professional charges for internal audit of accounts.
 January 2024
113)1-1-2024 MISS KAPUR paid office rent for December2023 by
cheque.

114)1-1-2024 MISS KAPUR recivedRs.30,000 in cash from InGroove

Designers.

115)1-1-2024 MISS KAPUR paid salaries for December 2023 by

cheque.

116)1-1-2024 MISS KAPUR paid Rs.750 in cash towards Office

maintenance charges for December 2023.

117)1-1-2024 MISS KAPUR recivedRs.35,000 by cheque as consulting

revenue from Ala carte Investments.

118)1-1-2024 MISS KAPUR withdraw Rs.50,000 capital form the firm

by cheque.

119)1-1-2024 MISS KAPUR paid Rs.2,300 by cheque as towards

Mobile Phone charges for December 2023.

120)1-1-2024 MISS KAPUR paid Rs.1,050 in cash towards electricity

bill charges for December 2023.

121)1-1-2024 MISS KAPUR reimbursed conveyance bills amounting to

Rs 1,800 in cash to Vijay Narayan.

122)1-1-2024 MISS KAPUR withdraw Rs.8,000 cash for personal use.

CHECK TRIAL BALANCE

 February 2024
123)1-2-2024 MISS KAPUR paid office rent for January2024 by
cheque.

124)-2-2024 MISS KAPUR paid salaries for January 2024 by cheque .

125)1-2-2024 MISS KAPUR recived an invoice for Rs.9,400 from Raj

Travels.including 3,800 towards cab hiring charges and Rs.5,600
towards outstations tours.

126)1-2-2024 MISS KAPUR paid Rs.20,000 by cheque to Raj Travels.

127)1-2-2024 MISS KAPUR paid Rs.750 in cash towards Office

maintenance charges for January 2024.

128)1-2-2024 MISS KAPUR paid Rs.1,600 by cheque as towards Mobile

Phone charges for January 2024.

129)1-2-2024 MISS KAPUR paid Rs.1,200 in cash towards electricity bill

charges for January 2024.

130)1-2-2024 MISS KAPUR reimbursed conveyance bills amounting to

Rs 1,150 in cash to Vijay Narayan .
131) 1-2-2024 MISS KAPUR purchased stationery consumables Worth
Rs.7,400 on credit from Global House.

132)1-2-2024 MISS KAPUR withdraw Rs.7,000 cash for personal use.

CHECK TRIAL BALANCE

March 2024
133)1-3-2024 MISS KAPUR paid salaries for February 2024 by cheque.

134)1-3-2024 MISS KAPUR paid office rent for Febuary2024 by cheque.

135)1-3-2024 MISS KAPUR paid Rs.750 in cash towards Office

maintenance charges for Febuary 2024.

136)1-3-2024 MISS KAPUR recivedRs.30,000 by cheque as consulting

revenue from Eye Television Network.

137)1-3-2024 MISS KAPUR paid Rs.1,450 in cash towards electricity bill

charges for February 2024.

138)1-3-2024 MISS KAPUR paid Rs.1,900 by cheque as towards

Mobile Phone charges for February 2024.

139)1-3-2021 MISS KAPUR reimbursed conveyance bills amounting to

Rs 950 in cash to Vijay Narayan.
140)1-3-2024 The invoice received from Global Houseon February
24,2021 had an error in calculation and was over valued by Rs.600.

141)1-3-2024 MISS KAPUR paid Rs.6,800 by cheque to Global House.

142)1-3-2024 MISS KAPUR withdraw Rs.6,500 cash for personal use.