Create Company with following details:
Suresh Pvt Ldt
206, J B Patel Road, Kandivali (West) Mumbai-400042.
1. Company. Has Opening Cash Rs. 2, 00,000/-
2. Company. Purchase Building of Rs. 5, 00,000/- in cash.
3. Company. Purchase Plant & Machinery cash of Rs. 5, 00,000/-
4. Company. Purchase One Nano Car on Tata Motor’s ltd. Rs. 1, 25,000/-
5. Company. Cash paid to Tata Motor’s ltd. Rs. 1, 25,000/-
6. Deprecation on Building is of Rs. 5,000/-
7. Company. Purchase Passion Plus on cash Rs.48, 000/-
8. Company. Purchase Furniture on cash Rs.18, 000/-
9. Company. Purchase Laptop on cash Rs.45, 000/-
10. Depreciation on Laptop is of Rs. 450/-
11. Depreciation on Furniture is of Rs. 1,800/-
12. Company. Purchase Air Condition of Rs. 30,000/- in cash.
13. Depreciation on Air Condition is of Rs.300/-
14. Company. Purchase Motorola Mobile Rs. 9,850/- in Cash.
15. Depreciation on Plant & Machinery is of Rs. 5,000/-
16. Company. Sales to Mukesh & Son’s Rs. 50,000/-
17. Company. Sales to Mahi & Com Rs. 5, 00,000/-
18. Company. Sales to Mustafa & Brother’s Rs.1, 50,000/-
19. Company. Sales to Arjun & Son’s Rs. 80,000/-
20. Company. Received from Mukesh & Son’s Rs. 43,000/-
21. Company. Received from Mahi & Com. Rs. 3, 50,000/-
22. Company. Received from Mustafa & Brother’s Rs. 1, 20,000/-.
23. Company. Received from Arjun & Son’s Rs. 50,000/-
Answer: - Net Profit 767450/-
