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Excise -1

 Rakesh started a business with a capital of 10,00,000/-


 Postage expenses paid 1000/-
 Cash deposited into Andhra Bank 2,00,000/-
 Cash paid to Raja 25,000/-
 Freight expenses paid 5,000/-
 Infosys shares bought by Andhra Bank Cheque 100 @ 500/- each
 Cash drawn from Andhra bank 30,000/-
 Interest Received from Raja 3,500/-
 Loan given to Srikanth 50,000/-
 Petty income 1,900/-

Cash-in-hand: 7,54,400 /- Net loss: 600/-


Andhra Bank: 1,20,000/-

Excise -2

 Ravi started a business with a capital of 15,00,000/-


 RC Expenses paid 5000/-
 Cooli Expenses paid 2000/-
 Computer bought for cash 25,000/-
 Cash paid to Rajeev 70,000/-
 Loan Taken from Raju 90,000/-
 Cash deposited into SBI 4,00,000/-
 S.C Bonds bought for SBI Cheque 35,000/-
 Stationary bought for cash 2,250/-
 Cash drawn from Suresh 55,000/-
 Sadar Expenses incurred 950/-

Cash-in-hand : 13,14,800 /- Net profit: 44,800/-


SBI : 1,90,000/-

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