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/-