Introduc

Name of Business: Uni-Wayne Enterprises

Address: 34th West Street, Bandra West, Mumbai, Ma

Nature of Business: Wholesaler of Industrial and Const

Brief Summary of the Business:

Uni-Wayne Enterprises Pvt Ltd was found at 14th March, 1970 by Mrs. Elon Kaur Musk. It is
assistant.
The company motto is ‘Fide et Labore’. Our mission is to collaborate with our clients to prov
smooth and perfect experience during their busine
In the next 20 years, Uni-Wayne Enterprises Pvt Ltd will emerge as the global leader. We int
stock exchanges. In 2022, we were named the Most Ethical Private Company. In addition
 Introduction

ness: Uni-Wayne Enterprises Pvt Ltd

et, Bandra West, Mumbai, Maharashtra, 400050

olesaler of Industrial and Construction Materials.

f Summary of the Business:

by Mrs. Elon Kaur Musk. It is currently headed by Miss Suraj Bhambhani, Mrs Musk’s
assistant.
borate with our clients to provide them with the best products available to ensure a
experience during their business operations.
ge as the global leader. We intend to expand further and list on the BSE and NASDAQ
Private Company. In addition, we received the CSR India Reward this year (2022).
 Journal Entries in the books o
for the year end

Date Particulars

4/1/2022 Machinery a/c Dr.

Cash a/c Dr.

Bank a/c Dr.

Land and Building a/c Dr.

Goodwill a/c Dr.

Opening Stock a/c Dr.

To General Reserve a/c

To Bills Payable a/c

 To Loan a/c

To Capital a/c

(Being balances brought down

from the previous year)

4/2/2022 Purchases a/c Dr.

To Bank a/c

(Being austin blocks purchased by

cheque)

4/6/2022 Investment in SBI Focused Equity Dr.

Fund a/c

To Bank a/c

(Being SBI focused Equity Fund

purchased)
4/16/2022 Mobile phones a/c Dr.

To Cash a/c

(Being mobile phone purchased

for employees)

5/5/2022 Hilte Builders and Developers a/c Dr.

To Sales a/c

(Being 216 25mm PVC Bend AKG’s

sold to Hilite Builders &
Developers)

5/21/2022 Purchases a/c Dr.

To Kedia Timbers a/c

 (Being 130 pieces of plywood
purchased at Rs. 1,923 each for
resale)

5/29/2022 Purchases a/c Dr.

To Cash a/c

(Being bars and rods purchased

for cash)

6/4/2022 Bank a/c Dr.

To Accrued Income a/c

(Being building was given for rent

on 20/01/2021 at amount
received on 4/06/2021)

6/19/2022 Furniture a/c Dr.

 To Bank a/c

(Being Purchase of furniture from

IKEA)

6/21/2022 Purchases a/c Dr.

To KR Associates

(Being goods purchased from KR

Associates for resale)

6/21/2022 Bank a/c Dr.

To Electricity Expenses a/c

(Being electricity expenses paid)

7/5/2022 Laptops a/c Dr.

To Bank a/c

(Being laptop purchased as

incentive for employees)

7/20/2022 Drawings a/c Dr.

To Bank a/c

(Being cash withdrawn for paying

college fees)

8/1/2022 Drawings a/c Dr.

To Bank a/c

(Being cash withdrawn for

personal use by the proprietor’s
daughter as shopping expenses)
8/6/2022 Flight Expenses a/c Dr.

To Cash a/c

(Being fight expenses of manager

paid by the business)

8/6/2022 Investment in SBI Focused Equity Dr.

Fund a/c

To Bank a/c

(Being SBI focused Equity Fund

purchased)

8/16/2022 Purchases a/c Dr.

To Gitanjali Hardware Store

a/c
 (Being square bars and pipes
purchased from Gitanjali
Hardware Store)

8/19/2022 Land and Building a/c Dr.

To Cash a/c

(Being raw material purchased for

construction of new building)

8/26/2022 Bank a/c Dr.

To Havells India Ltd a/c

(Being payment received in full

settlement of the invoice from
Havells India Ltd)
9/1/2022 Bank a/c Dr.

To Finolex Cables Ltd a/c

(Being paid by Finolex Cables Ltd

in settlement of invoice)

9/4/2022 Purchases a/c Dr.

To Bank a/c

To Cash a/c

To Gujarat Freight
Tools Ltd a/c

(Being goods purchased for resale

from Gujrat Freight Tools, ¼ paid
by cheque, ½ paid by cash)

9/5/2022 Ventilator a/c Dr.

 To Cash a/c

(Being ventilator purchased for

office use)

9/8/2022 Purchases a/c Dr.

To Cash a/c

To Discount Received
a/c

(Being 2 insulated industrial cables

at Rs. 16,767 each from Finolex
Cables. 6% cash discount provided
(WN2))

9/22/2022 Cash a/c Dr.

To Sales a/c

(Being conduit pipe sold for cash)

9/28/2022 Miscellaneous Expense a/c Dr.

To Bank a/c

(Being concert tickets bought and sent to major client fo

10/20/2022 Basant and Company Dr.

To Sales a/c

(Being goods sold to Basant and

Company)

10/29/2022 Sanjib Kumar Acharjee a/c Dr.

To Sales a/c
 (Being copper wires sold to Sanjib
Kumar Acharjee)

11/18/2022 Salaries a/c Dr.

To Outstanding Salaries a/c

(Being outstanding salaries

recorded)

12/3/2022 Equipment a/c Dr.

To Cash a/c

(Being equipment purchased for

employee training)

12/6/2022 Investment in SBI Focused Equity Dr.

Fund a/c
 To Bank a/c

(Being SBI focused Equity Fund

purchased)

12/20/2022 Bad Debts a/c Dr.

To Basant and Company a/c

(Being Basant and Company

becoming insolvent)

1/2/2023 Nabajeet Das a/c Dr.

To Sales a/c

(Being ceiling fans sold to

Nabajeet Das)
1/14/2023 Newspaper expenses a/c Dr.

Prepaid newspaper expenses a/c Dr.

To Cash a/c

(Being newspaper bill paid

including Rs. 638 in advance)

1/14/2023 Cash a/c Dr.

To Sales a/c

(Being 60 Front Plate Britzy sold in

cash)

1/31/2023 Laptop a/c Dr.

To Cash a/c
 (Being laptop purchased for
employees)

1/31/2023 Laptops a/c Dr.

To Cash a/c

(Being laptops purchased for

employees)

2/4/2023 Drawings a/c Dr.

To Cash a/c

(Being cash withdrawn by the

proprietor for paying his
daughters apartment rent)

2/8/2023 Cash a/c Dr.

 To Crompton Greaves
Consumer Electronicals Ltd a/c

(Being paid by Crompton Greaves

Consumer Electronicals Ltd a/c in
full settlement of invoice)

2/11/2023 Purchases a/c Dr.

To Cash a/c

(Being 25 kg Hot Roil Coils

purchased)

29-02-2023 Loss By Theft a/c Dr.

To Purchases a/c

(Being cables stolen by employee)

3/14/2023 Capital a/c Dr.

To Investment Fluctuation
Reserve a/c

(Being investment fluctuation

reserve created)

3/16/2023 Gas expenses a/c. Dr.

To Cash a/c

(Being gas expenses paid)

3/28/2023 Purchases a/c Dr.

To Ashok Kumar a/c

(Being goods purchased on credit

for resale)
 3/31/2023 Depreciation a/c (WN1) Dr.

To Provision for Depreciation

(Being 10% depreciation charged

on furniture, debited to provision
for depreciation account)

Working Note 1
Calculation of depreciation amount
10% of 11,96,000 for 9 months
= 10/100 X 11,96,000 X 9/12
= Rs. 89,700

Working Note 2
Calculation of cash discount on 08.09.2022
6% of 27,652
= 6/100 X 27,352
= Rs. 1,641
he books of Uni – Wayne Enterprises Pvt Ltd
e year ending 31st March, 2023

L.F. Debit (Rs.) Credit (Rs.)

1,250,000

2,300,000

2,950,000

5,000,000

2,000,000

1,000,000

1,000,000

1,050,000
 3,000,000

9,450,000

35,890

3,589

250,000

250,000
14,795

14,795

2,837

2,837

249,990

249,990
743,526

743,526

1,000,000

1,000,000

1,196,000
 1,196,000

26,960

26,960

6,330

6,330
737,405

737,405

350,000

350,000

979

979
 7,816

7,816

250,000

250,000

76,215

76,215
250,000

250,000

67,763

67,763
40,813

40,813

125,800

31,450

62,900

31,450

17,000
 17,000

27,352

25,711

1,641

75,190

75,190
 1,799

1,799

sent to major client for his daughter birthday)

104,540

104,540

116,296

116,296
450,000

450,000

25,000

25,000

250,000
 250,000

104,540

104,540

12,300

12,300
251

638

889

2,148

2,148

1,266

1,266
14,950

14,950

26,854

26,854

92,000
 92,000

72,800

72,800

100,000

100,000
100,000

100,000

737

737

12,825

12825
89,700

89,700
 In the books of Uni – Wayne
as at 31st Marc
Dr. Purch
Date Particulars
4/2/2022 To Bank a/c
5/21/2022 To Kedia Timbers a/c
5/29/2022 To Cash a/c
6/21/2022 To KR Associates a/c
8/16/2022 To Gitanjali Hardware Store a/c
9/4/2022 To Gujarat Freight Tools Ltd a/c
9/4/2022 To Cash a/c
9/4/2022 To Bank a/c
9/8/2022 To Cash a/c
9/8/2022 To Discount Received a/c
2/11/2023 To Cash a/c
3/28/2023 To Ashok Kumar a/c

4/1/2023 To balance b/d

Dr. Sale
Date Particulars
3/3/2023 To balance c/d

Dr. Furnit
Date Particulars
6/19/2022 To Bank a/c
 4/1/2023 To balance b/d

Dr. Cas
Date Particulars
4/1/2022 To balance b/d
9/22/2022 To Sales a/c
1/14/2023 To Sales a/c
2/8/2023 To Crompton Greaves Consumer Electricals Ltd a/c

4/1/2023 To balance b/d

Dr. Ban
Date Particulars
4/1/2022 To balance b/d
6/4/2022 To Accrued Income a/c
8/26/2022 To Havells India Ltd a/c
9/1/2022 To Finolex Cables Ltd a/c

4/1/2023 To balance b/d

Dr. Draw
Date Particulars
7/20/2022 To Bank a/c
8/1/2022 To Bank a/c
2/4/2023 To Cash a/c

4/1/2023 To balance b/d

Dr. Capi
Date Particulars
3/14/2023 To Investment Fluctuation Reserve a/c
3/31/2023 To balance c/d

Dr. Bad D
Date Particulars
12/20/2022 To Basant and Company a/c

4/1/2023 To balance b/d

Dr. Bills Pa
Date Particulars
3/31/2023 To balance c/d

Dr. Loa
 Date Particulars
3/31/2023 To balance c/d

Dr. Machi
Date Particulars
4/1/2022 To balance b/d

4/1/2023 To balance b/d

Dr. Land and

Date Particulars
4/1/2022 To balance b/d
8/19/2022 To Cash a/c

4/1/2023 To balance b/d

Dr. Good
Date Particulars
4/1/2022 To balance b/d

4/1/2023 To balance b/d

Dr. Lapt
Date Particulars
7/5/2022 To Bank a/c
1/31/2023 To Cash a/c
1/31/2023 To Cash a/c

4/1/2023 To balance b/d

Dr. SBI Focused E
Date Particulars
4/6/2022 To Bank a/c
8/6/2022 To Bank a/c
12/6/2022 To Bank a/c

4/1/2023 To balance b/d

Dr. Mobile
Date Particulars
4/16/2022 To Cash a/c

4/1/2023 To balance b/d

Dr. Hilite Builders &

Date Particulars
5/5/2022 To Sales a/c

4/1/2023 To balance b/d

Dr. Kedia Ti
Date Particulars
3/31/2023 To balance c/d

Dr. Accrued
Date Particulars
3/31/2023 To balance c/d
Dr. KR Asso
Date Particulars
3/31/2023 To balance c/d

Dr. Electricity
Date Particulars
6/21/2022 To Bank a/c

4/1/2023 To balance b/d

Dr. Flight Ex
Date Particulars
8/6/2022 To Cash a/c

4/1/2023 To balance b/d

Dr. Basant and

Date Particulars
10/20/2022 To Sales a/c

Dr. Gitanjali Hard

Date Particulars
3/31/2023 To balance c/d
Dr. Havells In
Date Particulars
3/31/2023 To balance c/d

Dr. Finolex Ca
Date Particulars
3/31/2023 To balance c/d

Dr. Gujarat Freig

Date Particulars
3/31/2023 To balance c/d

Dr. Ventil
Date Particulars
9/5/2022 By Cash a/c

4/1/2023 To balance b/d

Dr. Miscellaneou
Date Particulars
9/28/2022 To Bank a/c

4/1/2023 To balance b/d

Dr. Sanjib Kuma
Date Particulars
10/29/2022 To Sales a/c

4/1/2023 To balance b/d

Dr. Salar
Date Particulars
11/18/2022 To Outstanding Salaries a/c

4/1/2023 To balance b/d

Dr. Outstandin
Date Particulars
3/31/2023 To balance c/d

Dr. Equipm
Date Particulars
12/3/2022 To Cash a/c

4/1/2023 To balance b/d

Dr. Nabajee
Date Particulars
1/2/2023 To Sales a/c

4/1/2023 To balance b/d

Dr. Newspaper
Date Particulars
1/14/2023 To Cash a/c

4/1/2023 To balance b/d

Dr. Prepaid Newsp

Date Particulars
1/14/2023 To Cash a/c

4/1/2023 To balance b/d

Dr. Crompton Greaves Con

Date Particulars
3/31/2023 To balance c/d

Dr. Loss by
Date Particulars
29-02-2023 To Purchases a/c

4/1/2023 To balance b/d

Dr. Investment Fluct

Date Particulars
3/31/2023 To balance c/d
Dr. Gas Exp
Date Particulars
3/16/2023 To Cash a/c

4/1/2023 To balance b/d

Dr. Ashok K
Date Particulars
3/31/2023 To balance c/d

Dr. Deprec
Date Particulars
3/31/2023 To Provision for Depreciation a/c

4/1/2023 To balance b/d

Dr. Discount R
Date Particulars
3/31/2023 To balance c/d

Dr. Provision for D

Date Particulars
3/31/2023 To balance c/d
Dr. Opening
Date Particulars
6/19/2022 To Bank a/c

4/1/2023 To balance b/d

Dr. General R
Date Particulars
3/31/2023 To balance c/d
Uni – Wayne Enterprises Pvt Ltd
at 31st March, 2023
Purchases Account Cr.
J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
35,890 29-02-2023 By Loss by Theft a/c 100,000
249,990 3/31/2023 By balance c/d 1,271,358
743,526
26,960
76,215
31,450
62,900
31,450
25,711
1,641
72,800
12,825
1,371,358 1,371,358
1,271,358

Sales Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
313,311 5/5/2022 By Hilite Builders & Developers a/c 2,837
10/20/2022 By Basant and Company a/c 104,540
9/22/2022 By Cash a/c 75,190
10/29/2022 By Sanjib Kumar Acharjee a/c 116,296
1/2/2023 By Nabajeet Das a/c 12,300
1/14/2023 By Cash a/c 2,148
313,311 313,311
4/1/2023 By balance b/d 313,311

Furniture Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
1,196,000 3/31/2023 By balance c/d 1,196,000
1,196,000 1,196,000
 1,196,000

Cash Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
2,300,000 4/16/2022 By Mobile Phone a/c 14,795
75,190 5/29/2022 By Purchases a/c 743,526
2,148 8/6/2022 By Flight Expenses a/c 7,816
92,000 8/19/2022 By Land and Building a/c 250,000
9/4/2022 By Purchases a/c 62,900
9/5/2022 By Ventilator a/c 17,000
9/8/2022 By Purchases a/c 25,711
12/3/2022 By Equipment a/c 25,000
1/14/2023 By Newspaper Expense a/c 251
1/14/2023 By Prepaid Newspaper Expense a/c 638
1/31/2023 By Laptop a/c 1,266
1/31/2023 By Laptop a/c 14,950
2/4/2023 By Drawings a/c 26,854
2/11/2023 By Purchases a/c 72,800
3/16/2023 By Gas Expense a/c 737
3/31/2023 By balance c/d 1,205,094
2,469,338 2,469,338
1,205,094

Bank Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
2,950,000 4/2/2022 By Purchases a/c 35,890
1,000,000 4/6/2022 By SBI Focused Equity Fund a/c 250,000
67,763 6/19/2022 By Furniture a/c 1,196,000
40,813 7/5/2022 By Laptop a/c 737,405
7/20/2022 By Drawings a/c 350,000
6/21/2022 By Electricity Expense a/c 6,330
8/1/2022 By Drawings a/c 979
8/6/2022 By SBI Focused Equity Fund a/c 250,000
9/4/2022 By Purchases a/c 31,450
9/8/2022 By Miscellaneous Expense a/c 1,799
12/6/2022 By SBI Focused Equity Fund a/c 250,000
3/31/2023 By balance c/d 948,722
4,058,575 4,058,575
948,722
 Drawings Account Cr.
J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
350,000 3/31/2023 By balance c/d 377,833
979
26,854
377,833 377,833
377,833

Capital Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
100,000 4/1/2022 By balance b/d 9,450,000
9,350,000
9,450,000 9,450,000
4/1/2023 By balance b/d 9,350,000

Bad Debts Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
104,540 3/31/2023 By balance c/d 104,540
104,540 104,540
104,540

Bills Payable Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
1,050,000 4/1/2022 By balance b/d 1,050,000
1,050,000 1,050,000
4/1/2023 By balance b/d 1,050,000

Loan Account Cr.

 J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
3,000,000 4/1/2022 By balance b/d 3,000,000
3,000,000 3,000,000
4/1/2023 By balance b/d 3,000,000

Machinery Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
1,250,000 3/31/2023 By balance c/d 1,250,000
1,250,000 1,250,000
1,250,000

Land and Building Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
5,000,000 3/31/2023 By balance c/d 5,250,000
250,000
5,250,000 5,250,000
5,250,000

Goodwill Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
2,000,000 3/31/2023 By balance c/d 2,000,000
2,000,000 2,000,000
2,000,000

Laptop Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
737,405 3/31/2023 By balance c/d 753,621
1,266
14,950
753,621 753,621
753,621
 SBI Focused Equity Fund Account Cr.
J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
250,000 3/31/2023 By balance c/d 750,000
250,000
250,000
750,000 750,000
750,000

Mobile Phone Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
14,795 3/31/2023 By balance c/d 14,795
14,795 14,795
14,795

Hilite Builders & Developers Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
2,837 3/31/2023 By balance c/d 2,837
2,837 2,837
2,837

Kedia Timbers Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
249,990 5/21/2022 By Purchases a/c 249,990
249,990 249,990
4/1/2023 By balance b/d 249,990

Accrued Income Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
1,000,000 6/4/2022 By Bank a/c 1,000,000
1,000,000 1,000,000
4/1/2023 By balance b/d 1,000,000
 KR Associates Account Cr.
J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
26,960 6/21/2022 By Purchases a/c 26,960
26,960 26,960
4/1/2023 By balance b/d 26,960

Electricity Expense Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
6,330 3/31/2023 By balance c/d 6,330
6,330 6,330
6,330

Flight Expenses Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
7,816 3/31/2023 By balance c/d 7,816
7,816 7,816
7,816

Basant and Company Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
104,540 12/20/2022 By Bad Debt a/c 104,540
104,540 104,540

Gitanjali Hardware Store Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
76,215 8/16/2022 By Purchases a/c 76,215
76,215 76,215
4/1/2023 By balance b/d 76,215
 Havells India Ltd Account Cr.
J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
67,763 8/26/2022 By Bank a/c 67,763
67,763 67,763
4/1/2023 By balance b/d 67,763

Finolex Cables Ltd Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
40,813 9/1/2022 By Bank a/c 40,813
40,813 40,813
4/1/2023 By balance b/d 40,813

Gujarat Freight Tools Ltd Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
31,450 9/4/2022 By Purchases a/c 31,450
31,450 31,450
4/1/2023 By balance b/d 31,450

Ventilator Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
17,000 3/31/2023 By balance c/d 17,000
17,000 17,000
17,000

Miscellaneous Expense Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
1,799 3/31/2023 By balance c/d 1,799
1,799 1,799
1,799
Sanjib Kumar Acharjee Account Cr.
J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
116,296 3/31/2023 By balance c/d 116,296
116,296 116,296
116,296

Salaries Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
450,000 3/31/2023 By balance c/d 450,000
450,000 450,000
450,000

Outstanding Salaries Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
450,000 11/18/2022 By Salaries a/c 450,000
450,000 450,000
4/1/2023 By balance b/d 450,000

Equipment Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
25,000 3/31/2023 By balance c/d 25,000
25,000 25,000
25,000

Nabajeet Das Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
12,300 3/31/2023 By balance c/d 12,300
12,300 12,300
12,300
 Newspaper Expense Account Cr.
J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
251 3/31/2023 By balance c/d 251
251 251
251

Prepaid Newspaper Expense Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
638 3/31/2023 By balance c/d 638
638 638
638

rompton Greaves Consumer Electricals Ltd Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
92,000 2/8/2023 By Cash a/c 92,000
92,000 92,000
4/1/2023 By balance b/d 92,000

Loss by Theft Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
100,000 3/31/2023 By balance c/d 100,000
100,000 100,000
100,000

Investment Fluctuation Reserve Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
100,000 3/14/2023 By Capital a/c 100,000
100,000 100,000
4/1/2023 By balance b/d 100,000
 Gas Expense Account Cr.
J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
737 3/31/2023 By balance c/d 737
737 737
737

Ashok Kumar Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
12,825 3/28/2023 By Purchases a/c 12,825
12,825 12,825
4/1/2023 By balance b/d 12,825

Depreciation Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
89,700 3/31/2023 By balance c/d 89,700
89,700 89,700
89,700

Discount Received Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
1,641 9/8/2022 By Purchases a/c 1,641
1,641 1,641
4/1/2023 By balance b/d 1,641

Provision for Depreciation Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
89,700 3/31/2023 By Depreciation a/c 89,700
89,700 89,700
4/1/2023 By balance b/d 89,700
Opening Stock Account Cr.
J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
1,000,000 3/31/2023 By balance c/d 1,000,000
1,000,000 1,000,000
1,000,000

General Reserve Account Cr.

J.F. Amount (Rs.) Date Particulars J.F. Amount (Rs.)
1,000,000 4/1/2022 By balance b/d 1,000,000
1,000,000 1,000,000
By balance b/d 1,000,000
 Trial Balance as at

Particulars
Purchase
Sales
Cash
Bank
Drawings
Capital
Furniture
Bad Debts
Loan
Bills Payable
Machinery
Land and Building
Goodwill
Laptop
SBI Focused Equity Fund
Mobile Phone
Hilite Builders & Developers
Kedia Timbers
Accrued Income
KR Associates
Electricity Expense
Flight Expenses
Gitanjali Hardware Store
Havells India Ltd
Finolex Cables Ltd
Gujarat Freight Tools Ltd
Ventilator
Miscellaneous Expense
Sanjib Kumar Acharjee
Salaries
Outstanding Salaries
Equipment
Nabajeet Das
Newspaper Expense
Prepaid Newspaper Expense
Crompton Greaves Consumer Electricals Ltd
Loss by Theft
Investment Fluctuation
Reserve Account
Gas Expense
Ashok Kumar
Depreciation
Discount Received
Provision for Depreciation
Balance as at 31st March, 2023

Amount Debited (Rs.) Amount Credited (Rs.)

1,271,358
313,311
1,205,094
948,722
377,833
9,350,000
1,196,000
104,540
3,000,000
1,050,000
1,250,000
5,250,000
2,000,000
753,621
750,000
14,795
2,837
249,990
1,000,000
26,960
6,330
7,816
76,215
67,763
40,813
31,450
17,000
1,799
116,296
450,000
450,000
25,000
12,300
251
638
onsumer Electricals Ltd 92,000
100,000
100,000
737
12,825
89,700
1,641
89,700
16,952,667 16,952,667
 Preparation of Final A

Trading Account of Uni-Wayne Enterp

Dr. Cr.

Particulars Amount (Rs.)

To Purchases

Profit and Loss Account of Uni-Wayne En

Dr. Cr.

Particulars Amount (Rs.)

To Gross Loss b/d

To Bad Debts
To Electricity Expenses
To Flight Expenses
To Miscellaneous Expenses
To Salaries
To Newspaper Expenses
To Loss by theft
To Gas Expenses
To Depreciation
 Balance Sheet of Uni – Wayne Enterprises Pvt Lt

Liability Amount (Rs.)

Capital 9,350,000
Less: (Drawings) -377,833
Less: (Net Loss) -1,723,390
Loan a/c
Accrued Income
Kedia Timbers
Investment Fluctuation Reserve
KR Associates

Reliance Projects and Property Management Services

Gitanjali Hardware Store

Havells India Ltd

Finolex Cables Ltd

Gujarat Freight Tools Ltd
Crompton Greaves Consumer Electricals Ltd
Ashok Kumar
Outstanding Salaries
Provision For Depreciation
Bills Payable
Preparation of Final Accounts

Trading Account of Uni-Wayne Enterprises Pvt Ltd

for the year ending 31st March, 2023
Cr.
Amount (Rs.)
Amount (Rs.) Particulars Amount (Rs.)
1,277,540 By Sales 313,311

By Gross Loss,
transferred to Profit 964,229
and Loss account

1,277,540 1,277,540

ofit and Loss Account of Uni-Wayne Enterprises Pvt Ltd

for the year ending 31st March, 2023
Cr.

Amount (Rs.) Particulars Amount (Rs.) Amount (Rs.)

964,229 By Discount Received 2,012

104,540 By Net Loss 1,723,390
6,330
7,816
1,799
450,000
251
100,000
737
89,700
1,725,402 1,725,402
Sheet of Uni – Wayne Enterprises Pvt Ltd as at 31 st March, 2023

Amount (Rs.)
Amount (Rs.) Asset Amount (Rs.)
Furniture 1,196,000
Bad Debts 104,540
7,248,777 Machinery 1,250,000
3,000,000 Land and Building 5,250,000
1,000,000 Goodwill 2,000,000
249,990 Laptop 753,621
SBI Focused Equity
100,000 750,000
Fund
26,960 Equipment 25,000

84,860 Ventilator 17,000

76,215 Mobile Phone 14,795

Hilite Builders and
67,763 2,837
Developers

40,813 Sanjib Kumar Acharjee 116,296

31,450 Nabajeet Das 12,300
92,000 Bank Balance 1,033,583
12,825 Cash Balance 1,199,283
450,000
89,700
1,050,000
13,621,353 13,621,353
Work Allocation Table

Sorting Invoices Krishna, Taksh

Editing Invoices Krishna

Journal Entries Aditya, Vansh

Ledgers Taksh

Trial Balance Aditya

Final Accounts Vansh