Assignment 3

1. Started business with cash Rs. 100,000/- , Plant 25,000 /-,Bank Of India
20,0000/- Building 25000/-

2. Purchase following goods from Mr Black of Camel Brand

Item Description Qty Rate Amt
Oil Paints 10 @100 each 1000
Water Color 20 @140 each 2800
A4 Size Drawing Papers 100 @10 each 1000
Color Brush 50 @60 each 3000
Total 7800

Item Name Oil Paints ,Water Color, A4 Size Drawing Papers ,Color Brush
Stock Group Stationery Items
Stock Category Camel
UOM Pack ,Pack ,Qty, Qty
Go down VISION Store Sadashiv Peth

3. Sold following goods to Mr White

Item Description Qty Rate Amt
Water Color 15 @250 each 3750
A4 Size Drawing Papers 20 @30 each 600
Color Brush 10 @200 each 2000
Total 6350
 4. Purchase following goods from Mr X of Amul Brand
Item Description Qty Rate
Whipped Cream 250 @350 /Lit
Chocolate Cake 150 @150 /KG
White Chocolate 200 @120 /KG
Total 1,34,000/-

Item Name Whipped Cream, Chocolate Cake, White Chocolate

Stock Group Bakery Items
Stock Category Amul
UOM Lit,KG,KG
Go down SAI Bakery Katraj

5. Sold following goods to Mr Z

Item Description Qty Rate
Whipped Cream 100 @600 each
White Chocolate 100 @320 each
Total 92000/-
1. Receive Cash from Mr Z .
2. Receive Cheque Mr White.
3. Make Payment to Mr Black & Mr X.

Tally = 3,98,450/-
4. Show Stock Summery wise, stock Category wise Report, Godown wise
Reports