Journal Entry For Ani Initiatives

Sr No. Dec.09 References1

References2

11-Dec Capital by Ani

11-Dec Railway Ticket

12-Dec Laptop Purchased

Rcpt No. 333

12-Dec Accessories

Rcpt No. 335

13-Dec Capital by Ani

13-Dec HP Printer

Rcpt No. 395

13-Dec Accessories

Rcpt No. 395

13-Dec Salary

16-Dec Installation Fee

10

16-Dec Internet Deposit

11

22-Dec Capital by Ani

12

25-Dec Salary

13

31-Dec Internet Bill

14

31-Dec Salary

15

2-Jan

16

30-Jan Capital by Ani

17

31-Jan Salary

18

2-Feb

Internet Bill

19

4-Feb

Portfolio Consultancy

20

5-Feb

Internet Bill

Bill/DSL/19893

21

7-Feb

Training Fee

Rcpt No. 1637

22

15-Feb Travel

23

21-Feb Salary

24

22-Feb Internet Bill

Bill/DSL/21542

25

23-Feb Training Fee

Rcpt No. 1183

Internet Bill

ICICI Transfer

Bill/DSL/14638

Bill/DSL/15739
SBI Transfer

Bill/DSL/18291

Explanation
Debit
Cash
66000
Owners Equity
Cash
1000
Owners Equity
Fixed Asset
55110
Cash
Fixed Asset
416
Cash
Cash
8000
Owners Equity
Fixed Asset
7999
Cash
Fixed Asset
3107
Cash
Op. Expenses
1000
Cash
Op. Expenses
1000
Cash
Fixed Asset
2000
Cash
Cash
27000
Owners Equity
Op. Expenses
1500
Cash
Op. Expenses
850
Cash
Op. Expenses
1000
Cash
Op. Expenses
850
Cash
Cash
15000
Owners Equity
Op. Expenses
2000
Cash
Op. Expenses
850
Cash
Cash
9500
Revenue
Op. Expenses
850
Cash
Op. Expenses 15000
Cash
Op. Expenses
1500
Cash
Op. Expenses
1000
Cash
Op. Expenses
850
Cash
Op. Expenses
500
Cash

Credit
66000
1000
55110
416
8000
7999
3107
1000
1000
2000
27000
1500
850
1000
850
15000
2000
850
9500
850
15000
1500
1000
850
500

26

26-Feb Advance Avinash

27

28-Feb Salary

28

1-Mar

Loan

29

2-Mar

Internet Bill

30

5-Mar

Portfolio Consultancy

31
32
33
34
35
36
37

5-Mar

Incentive

10-Mar Portfolio Consultancy

10-Mar Incentive
10-Mar Portfolio Consultancy
24-Mar Portfolio Consultancy
24-Mar Loan Paid
31-Mar Salary

Cash
Revenue
Op. Expenses
Cash
Cash
SBI Transfer
Liability
Op. Expenses
Bill/DSL/20430
Cash
Cash
SBI Chq: 598738
Revenue
Op. Expenses
Cash
Cash
SBI Chq: 598248
Revenue
Op. Expenses
Cash
Receiables
Revenue
Cash
ICICI Chq
Revenue
Liability
Cash
Op. Expenses
Cash

9000
9000
2000
2000
15000
15000
850
850
11400
11400
5700
5700
4000
4000
2000
2000
10600
10600
10600
10600
10600
10600
2000
2000

References1
Capital by Ani
Capital by Ani
Capital by Ani
Capital by Ani
Capital by Ani
Portfolio Consultancy
Advance Avinash
Loan
Portfolio Consultancy
Portfolio Consultancy
Portfolio Consultancy

Cash

References1

Cash Ledger
Explanation Debit References1
Cash
1000 Travel Ticket
Cash
66000 Laptop Purchased
Cash
8000 Accessories
Cash
27000 HP Printer
Cash
15000 Accessories
Cash
9500 Salary
Cash
9000 Installation Fee
Cash
15000 Internet Deposit
Cash
11400 Salary
Cash
4000 Internet Bill
Cash
10600 Salary
Internet Bill
Salary
Internet Bill
Internet Bill
Training Fee
Travel
Salary
Internet Bill
Training Fee
Salary
Internet Bill
Incentive
Incentive
Loan Paid
Salary

Debit
176500

Credit
119532

Explanation Credit
Cash
1000
Cash
55110
Cash
416
Cash
7999
Cash
3107
Cash
1000
Cash
1000
Cash
2000
Cash
1500
Cash
850
Cash
1000
Cash
850
Cash
2000
Cash
850
Cash
850
Cash
15000
Cash
1500
Cash
1000
Cash
850
Cash
500
Cash
2000
Cash
850
Cash
5700
Cash
2000
Cash
10600
Cash
2000

Balance
56968

Revenue Ledger
Explanation Debit References1
Portfolio Consultancy
Advance Avinash
Portfolio Consultancy
Portfolio Consultancy
Portfolio Consultancy
Portfolio Consultancy

Explanation Credit
Revenue
9500
Revenue
9000
Revenue
11400
Revenue
4000
Revenue
10600
Revenue
10600

Revenue

Debit
0

Credit
55100

Balance
55100

Receivables Ledger
References1
Explanation Debit References1
Portfolio Consultancy Receiables
10600
Receivables

Cash from Equity

Cash from Revenue
Cash from Loan
Cash Balance

Debit
10600

Credit
0

Balance
10600

Adjunstment Ledger For Cash

117000
Cash out Asset
44500
Cash out Expenses
15000
Cash out Loan Repay
54968

Explanation Credit

68632
42300
10600

Ledger Accounts

References1
Loan

Liability

Liability Ledger
Explanation Debit References1 Explanation Credit
Paid
10600 Loan
Liability
15000

Debit
10600

Credit
15000

Balance
4400

References1
Laptop Purchased
Accessories
HP Printer
Accessories

Fixed Asset Ledger

Explanation Debit References1 Explanation Credit
Fixed Asset
55110
Fixed Asset
416
Fixed Asset
7999
Fixed Asset
3107

Internet Deposit

Deposit

2000

Fixed Asset

Debit
66632

Credit
0

Balance
66632

References1

Owners Equity

References1
Travel Ticket
Salary
Installation Fee
Salary
Internet Bill
Salary
Internet Bill
Salary
Internet Bill
Internet Bill
Training Fee
Travel
Salary
Internet Bill
Training Fee
Salary

Explanation

Debit
0

Owners Equity Ledger

Debit References1
Capital by Ani
Capital by Ani
Capital by Ani
Capital by Ani
Capital by Ani

Credit
117000

Explanation
Credit
Owners Equity
66000
Owners Equity
8000
Owners Equity
27000
Owners Equity
15000
Owners Equity
1000

Balance
117000

Expenses Ledger
Explanation Debit References1
Op. Expenses
1000
Op. Expenses
1000
Op. Expenses
1000
Op. Expenses
1500
Op. Expenses
850
Op. Expenses
1000
Op. Expenses
850
Op. Expenses
2000
Op. Expenses
850
Op. Expenses
850
Op. Expenses
15000
Op. Expenses
1500
Op. Expenses
1000
Op. Expenses
850
Op. Expenses
500
Op. Expenses
2000

Explanation

Credit

Internet Bill
Incentive
Incentive
Salary

Expenses

Op. Expenses
Op. Expenses
Op. Expenses
Op. Expenses

Debit
42300

850
5700
2000
2000

Credit
0

Balance
42300

Ani Initiatives
Income Statements
Items
Revenues
Expenditure
Travelling Exp.
Salary Exp.
Incentives
Internet Expenses
Internet Installation exp.
Training Expenses
Depreciation Exp.
Operating Profit
Interest
Profit Before Tax
Tax
Profit After Tax (PAT)

Balance Sheet
Amount (in Rs)
35,500
2,500
10,500
7,700
5,100
1,000
15,500
9,995
52,295
(16,795)
(16,795)
(16,795)

Current Asset
Cash(Revenue+Cash)
Deposit

54968
2000

Fixed Asset
Depr
Losses Carried from PnL

66632
(9,995)
16795

Total

130400

Balance Sheet
Liability
Loan
Unearned Revenue
Owners Equity

4400
9000
117000

130400