NAME BHOS HAN LAVO0 TORASKAR

CLASS BAf
ROLL NO 646

SUB FINANCIAL ACCOUN TIN G FA)

daram FOR EDUCATIONAL USE

 The cash_priceOf the Macaine b0uqt by amesh
tYOYmHMT Ltd on ol/oY/ 2016 UndeY HPS uCs_RS
7,46, C00 On Siqninq fhe age e rme nT , RaMesh. paLd
douwnpaymet RS 2,00O00 On St Apr, 2016 3
hulcanA in thmee ihStallments of Rs 2,00 000 eacCh
at the end of each uean 62. interSt was_harged
hyHM Ltd p:a Ramesh provides depre C1AtIOYn O

wmactaine_at 10 paon 3s MArCh ere C

PrRpare Asset Alc Intt rST Alc HMT Ltd Alc in he
baoks of Ramesa and in the loooks of HMI1td
prfpa Asset Alc Inte rRSt Alc RCnMesh AlL

Solution_

CalculOtion cf Intket

DatR_ lopening lcash price TntereSt Tnstal=Closina

CaSh pce Paid ment Cash price

4 /16 745,000 2,00,000 2,00,O005,45,0O0

31/3/175,45, 000t,72,76 0 -5,45, 000x 5 '7. =
27, 250 ,00,000 3,72,25 0
31/3 L&13,72,26 c,8L38 7 e 3,72,250 X 5 = I8,613
2,00,00o ,90,863
, 137
31/3/g L 90,R63|4 90,863 ,90,863 x 5 2,00,0O0
7,45,00 O 65, 000 8,00,00

ndaram FOR EDUCATIONAL US

 Tn the Books ofRanmesh (Hi rt PurChOser
Ledgex ACcaCANAS

Machi ne Alc
C

PaNtiCulATs IL AMt
POThcAlarS LAmt Date
F

1u he To HMT Ltd 74 5000 3L/3 /nB DepreCLah on_- 74S00

33/7 By Bal cld 670500

7445 O00

/4(17 To Balbld 610S003(3/18 Ry AeptCiation 67050

3t/3 /1gBy Bal c ld 603450

670500 67050

1/4/18 To Bal bld 60345o3I/3 (19 Ry AeprecuOh on GO346

31/3/19 By Bal cld 543105

60345o 603450

I/4 g70 Bal bld 543)0S

daram FOR EDUCATIONAL USE

 Tnte re & Al
DU

Date PATtiCUulCAYS AwtAae PATticulATS Amt

3L/3/17TO MMT Ltd 27250 3t/3 117 By PLAlc 27250

27260 27 25OD

31/3/18ToHMT Ltd | (8613 31/3 /18 By P L Alc (8 613

18613 (8 613

31/3/19To HMT Ltd 37 31(3/19 By P&L Al 9137

137 137

HMT Ltd Alc CHire vendos)

DAte Paxtculars Amt DatR ParticulaTS Amt

/4 l16 To Castal Bank 200000|tl4 li6| Bu MOclaine 74500 0

31/3 lz To Cach/Banl 200000 31/3 l17 BuIntt reSt 27250
3i/3/17 To Bal cld 8722 So
7722 SO 77225O-

31/3 /13 TO CaSh / Bank 2 O0000 1/e l07 ByBal bld S72250
31/3 (18To Ba cld 190 86331/3I18 RyTnRYESt 18613

390863 390863.

|31/3 / To Casinl BAn 20000 /4 18 By Bal b/d 190863

31/3 /1a B Inte rest g137

200000 20000O

daram FOR EDUCATIONAL USE

 In the BookS Of
HMT Ltd (Hire
Vendor)
Ledgex
ACcOUMtS

MCchine Alc

POTtICuldrs 1AMtDate PATTulaTS Amt

31/3 ILz To Depreriation7460.0 1lu t6By Ramesh 745000

3 /317TO Bacld 67 0S00

746000 74500D

31/3 1R To Depreiotion670 Solal17| Bu Bal hld 670600

3I 13 18 TO Bal Cld 603460

670500 67050o

s3/19 To Depreciatian6034S |t/4 lR&y Bcl bld 603450

3/3 119 To Ral Cld S43toS

603 450
603450

1/40 By &aulL 6ld 543105

FOR EDUCATIONAL USE

aram
 Tnterest Alc
DY
C

De Particulrs:Amt Date PartitArs Amt

s1/3l17 To PL Al 27250 31/3/12By Aamesh 27260

272 50 27290

31/3118To PeL Alc 186(3 133 1aBu RaMesn 48613

18613 18613
31/3/1To PLLAlc 137 3 3 la Ry_RCAMesh a(37
9137 4137

Ramesh Alc (Hit PurCnaser )

DT (
Date Porticulars L Amt PaTtulGnS LAmt
|F
1/4 116 TO Madaine 745oool1 4 l6| 8y CashBanle 200000

31/3 II7 To InteTESTL 272603/3/17 Ru (ash/ Bane 200000

31317 8y BaLcld 3722S0
77226 772250

1/ l17 To Ral hld 3722 603/318 To CasulBank 20000D

31/31& To InteYeSt 1861313I /3 18 To Bal bld 190863

340863 390 863

1/44 /18 To Bal bld 0863 t/3 l1By CashLRanls 20000 O

9137
|31/3 /19 To InttESt
200000 20000O
FOR EDUCATIONAL USE
daram