Members- DIYA DILEEP

GROCERY STORE
EASHAN YADAV
DIVIT Accountancy project
DRISH
Group 19-24
This story is about a
grocery store. Rahul with
his worker. The owner of
the grocery store did
many  transactions in a
month . ​
He recorded them
systematically and here
are the outcomes…​

Pitch Deck 2
Accounting equation :

ASSET = LIABILITY + CAPITAL

Pitch Deck 3
 GOLDEN TRANSACTION
 Rahul started business with cash ₹40,000
CASH CAPITAL
asset capital

+40,000 +40,000

Pitch Deck 4
 Bought machinery for ₹10,000
MACHINERY CASH
asset asset

+10,000 -10,000

Pitch Deck 6
 Purchased goods for cash of ₹5,000
STOCK CASH
asset asset

+5,000 -5,000

Pitch Deck 8
 Goods destroyed by fire of ₹1,000
STOCK CAPITAL
asset capital

-1,000 -1,000

Pitch Deck 10
 Goods purchased on credit of ₹18,000
STOCK CREDITOR
asset liability

+18,000 +18,000

Pitch Deck 12
 Sold good in cash on ₹2000 profit
STOCK CASH CAPITAL
asset asset capital

-6,000 +8,000 +2,000

Pitch Deck 14
 Outstanding electricity bill of ₹8,000
OUTSTANDING ELECTRICITY CAPITAL
BILL
capital
liability

+8,000 -8,000

Pitch Deck 16
 Paid salaries of ₹18,000
CASH CAPITAL
asset capital

-10,000 -10,000

Pitch Deck 18
 Sold good to Ramesh for ₹12000 (worth ₹10000)

STOCK CASH CAPITAL

asset asset capital

-10,000 +12,000 +2,000

Pitch Deck 20
 Depreciation on machinery of ₹1,000
MACHINERY CAPITAL
asset capital

-1,000 -1,000

Pitch Deck 22
ASSET=35,000+9,000+6,000
ASSET=50,000

LIABILITY=18,000+8,000
LIABILITY=26,000

CAPITAL=24,000

ASSET=LIABILITIES+CAPITAL
50,000=26,000+24,000
50,000=50,000 Pitch Deck 24
THANK YOU
Pitch Deck 25