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 Assignment 3: Atul & Company 

Create Company with following details:

Atul & Company, 

Shop No 2304, 

Station Road Next to City Mall, Mumbai Central East, Mumbai-400028.


Vouchers Entries 

  Sales to P.S. Enterprises Rs. 10,000/-

  Purchase JBL Shares from Kumar Expert’s Rs. 1, 00,000/-

  Paid Electricity bill Rs.15, 000/- in Cash.

  Paid to Vishwas Worker Rs.10, 000/- as a Loan in cash.

5   Purchase furniture from Calvin Art (on credit) Rs. 80,000/-

  Purchase Building Rs. from Shree Ram Financer Rs. 5, 00,000/-

  Sales One Hero Honda bike to Mohan Sharma Rs. 20,000/-

  Receive Mr. Ram Lal & sons by cash 1, 00,000/-

9   Pay to Mr. Mukesh & Son’s. Rs. 15,000/-

10 Purchase Computer from Krishna Computer’s Rs. 45,000/-

11 Receive to Ps Enterprises Rs. 10,000/- in Cash.

12 Paid to Kumar Expert’s Rs. 1, 00,000/- in cash.

13 Received from Vishwas worker Rs. 10,000/- in cash.

14 Paid to Calvin Art Rs. 80,000/- in Cash.

15 Paid to Shree Ram Financer Rs. 5,00,000/- in Cash.

Answer: - Net Loss 85,000/-


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