Company Name: AMS Traders Pvt. Ltd.
Business: Computer Accessories Wholesale
Financial Year: 01-04-2025 to 31-03-2026
Step 1: Create Ledgers
Capital Account
- Amit Saini Capital A/c
Bank Accounts
- HDFC Bank A/c
Cash-in-Hand
- Cash
Purchase Accounts
- Computer Accessories Purchase
Sales Accounts
- Computer Accessories Sales
Direct Expenses
- Freight Inward
- Loading Charges
Indirect Expenses
- Rent Expense
- Electricity Expense
- Salary Expense
- Telephone Expense
- Internet Expense
Customers (Sundry Debtors)
- ABC Computer
- XYZ Infotech
- Smart Tech Solution
Suppliers (Sundry Creditors)
- Dell Distributor
- HP Supplier
- Lenovo Distributor
Step 2: Create Stock Items
Stock Group
Computer Accessories
Stock Items
| Item Name | Unit | Rate |
|---|---|---|
| Keyboard | Nos | 500 |
| Mouse | Nos | 300 |
| Pendrive 64GB | Nos | 600 |
| UPS | Nos | 2500 |
Step 3: Opening Transactions
01-04-2025
Owner Invested Capital
- Cash ₹1,00,000
- Bank ₹4,00,000
Total Capital ₹5,00,000
Step 4: Purchase Entries
05-04-2025
Purchased from Dell Distributor
| Item | Qty | Rate |
|---|---|---|
| Keyboard | 100 | 450 |
| Mouse | 150 | 250 |
Credit Purchase
07-04-2025
Purchased from HP Supplier
| Item | Qty | Rate |
|---|---|---|
| Pendrive | 50 | 500 |
| UPS | 20 | 2200 |
Credit Purchase
Step 5: Expenses
08-04-2025
Paid Freight Charges ₹2,000 Cash
10-04-2025
Office Rent Paid ₹10,000 Bank
12-04-2025
Electricity Bill Paid ₹2,500 Cash
Step 6: Sales Entries
15-04-2025
Sold to ABC Computer
| Item | Qty | Rate |
|---|---|---|
| Keyboard | 30 | 600 |
| Mouse | 40 | 400 |
Credit Sale
18-04-2025
Sold to XYZ Infotech
| Item | Qty | Rate |
|---|---|---|
| Pendrive | 20 | 800 |
| UPS | 5 | 3000 |
Credit Sale
20-04-2025
Cash Sale
| Item | Qty | Rate |
|---|---|---|
| Keyboard | 10 | 650 |
| Mouse | 20 | 450 |
Step 7: Receipts from Customers
25-04-2025
Received from ABC Computer ₹20,000 by Bank
27-04-2025
Received from XYZ Infotech ₹25,000 by Bank
Step 8: Payments to Suppliers
28-04-2025
Paid Dell Distributor ₹40,000 by Bank
29-04-2025
Paid HP Supplier ₹30,000 by Bank
Step 9: Additional Expenses
01-05-2025
Salary Paid ₹15,000
03-05-2025
Telephone Bill ₹1,200
05-05-2025
Internet Bill ₹1,500
Step 10: Purchase Return
08-05-2025
Returned to Dell Distributor
- Keyboard 5 Nos
Step 11: Sales Return
10-05-2025
ABC Computer Returned
- Keyboard 2 Nos
Step 12: Bank Transactions
15-05-2025
Cash Deposited into Bank ₹30,000
20-05-2025
Cash Withdrawn from Bank ₹10,000
Step 13: GST Practice (Optional)
Create GST @18%
Purchase
Keyboard Purchase ₹50,000 + GST
Sales
Keyboard Sale ₹70,000 + GST
Input & Output GST Practice करें।
Reports निकालें
सभी एंट्री पूरी होने के बाद:
✅ Day Book
✅ Cash Book
✅ Bank Book
✅ Ledger Accounts
✅ Stock Summary
✅ Outstanding Receivables
✅ Outstanding Payables
✅ Trial Balance
✅ Profit & Loss Account
✅ Balance Sheet