Record the following transactions of Dennis Motors (Honda Dealers) for the financial year 2018-19

Opening Balances as on 1-4-2018:

            Capital : 20,00,000/-; AXIS Bank a/c: 11,90,000/-;

            Opening Stock: Rs. 8,10,000/-

Activa – 50,000/-each-5 nos

CB Shine – 60,000/-each-2 nos

DreamYuga- 70,000/-each-2 nos

Shine SP-75,000/- each-2 nos

Livo-75,000/-each-2 nos

 

Apr 1               Purchase order 1 given to Raj Motors

CB Shine – 5 Nos – Rs. 60,000/-each

Livo – 3 Nos – Rs. 75,000/-each

Activa – 5 Nos – Rs. 50,000/-each

 

Apr 2               Stock received from Raj Motors based on Order No.1 without bill

 

May 1              Bill received from Raj motors for order no.1

 

May 2              Purchase Order No.2 given to Naveen Motors

Unicorn – 5 Nos – Rs. 70,000/-each

Dio – 10 Nos –  Rs. 60,000/-each

DreamNeo – 20 Nos. – Rs. 80,000/-each

 

May 31            Purchased from Naveen Motors based on Order No. 2 with following modifications

Unicorn – 5 Nos – Rs. 65,000/-each

Dio – 10 Nos. – Rs. 58,000/-each

DreamNeo – 18 Nos. –  Rs. 80,000/-each

 

Jun 1               Sales Order No. 1 received from RS Motors

Activa – 3 Nos. – Rs. 65,000/-each

Livo – 2 Nos. Rs. 75,000/- each

 

June 2              Goods delivered to RS Motors for order No. 1 without bill

 

 

Jul 1                Sales Order No. 2 from KJ Motors

CB Shine – 10 Nos. – Rs. 70,000/-each

Activa – 10 Nos. – 75,000/-each

 

Jul 31              Sale invoice prepared and sent to RS Motors for order no. 1

 

Aug 1              Sales via order No. 2 as below:

CB Shine – 5 Nos. – Rs. 65,000/-each

Activa – 5 Nos. – Rs. 70,000/-each

 

Aug 2              Cash Sales to Shiva

            Livo – 1 Nos. – 72,500/-

 

Aug 31             Received cash from RS motors Rs. 2,45,000/-

 

Sep 1               Received cheque from KJ Motors Rs. 5,00,000/-

 

Sep 2               Paid cheque to Raj motors Rs. 5,00,000/-

 

Oct 1               Paid cheque to Naveen Motors Rs. 10,00,000/-

 

Oct 2               Electricity –  Rs. 3,000/-

Stationary –  Rs. 2,000/-

 

Oct 2               Purchases from Raj Motors

                                    CB shine 10 nos@60,000

                                    Active10 nos@70,000

 

Oct 31             Sales to KJ Motors

            Dio -5 nos@ – 70,000/-

            DreamNeo -8 nos@90,000/-

 

Nov 1              Sales to RS Motors

                                    DreamNeo – 5nos@85,000/-

 

Nov 2              Salaries 50,000/-

 

Dec 1               Sales order received from KJ Motors

            Unicorn-3nos@80,000/-

            Dio-3nos@70,000/-

 

Dec 2               Sales done to KJ Motors based on orders 3 and unfulfilled order 2

 

Dec 31             Telephone Charges Rs. 3,000/-

 

Jan 1                Cash sales Mrs. Rajini Activa Rs. 75,000/-

 

Jan 2                Cash Sales to Akhil Livo Rs. 80,000/-

 

Jan 31              Internet Rs. 1,000/-

 

Feb 1               Salaries Rs. 30,000/-

 

Feb 2               Sales Commission Rs. 10,000/-

 

Mar 1              Cheque received from KJ Motors Rs. 20,00,000

 

Mar 2              Cheque received from RS Motors Rs. 5,00,000/-

 

Mar 31             Cheque issued to Raj motors Rs. 10,00,000/-

 

Mar 31             Cheque issued to Naveen motors Rs. 7,00,000/- and cash payment Rs. 3,00,000/-

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