Professional Documents
Culture Documents
OH + Labour Corporate Salary Machinery Borrowed Loan Loan Repaid Interset Paid Depreciation Inventory Used Amortising Patent
Cash 375000 -7500 -62500 -75000 -23750 685000 -175000 -22500 -350000 -80000 -150000 50000 -50000 -750
Patent 125000
Machinary
Inventory
Account Receivable
150000
RE -7500
Accumulated Depreciation
-23750 754500 -22500 -350000 -80000 50000 -50000 -750 -10625 -195000 -25000 39375.00 500000.00 550000.00 10625 Blanace Sheet Asset
0.00
10625.00
Managerial Accounting:- I PGDM Part Time, Batch: 2012-15 Team Members:Name ANSHUMAN DEY ANUPAM GHOSH DEBASHISH KUMAR DUTTA JAHIR ALAM CHOWDHURY PRAKASH KUMAR asas Asset Cash Flow Raw Material
S.N. 1 2 3 4 5
Machinary
S.N. 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
Details Share Capital Invest Patent Cost Legal Fees Purchase of Machinary R/M Purchase-Prodn. Prototype Development Charges Sales Additional R/M-Prodn Purchase Advertisement Expenditure Payment of Labour + Direct Expns Overhead Expenses Purchase of Machinary Interset paid on loan Depreciation R/M Used for production
Cash 375000 -7500 -62500 -75000 -23750 685000 -175000 -22500 -350000 -80000 -150000 -750
175000
150000 -10625
113000
201875
-195000 55000
125000
Chemalite Inc. Cash Flow Statement Period 2nd. January 2003 to 31st. December 2003 S.N. Description Amount ($) 1 Share Capital Invest 375000 2 Legal Fees -7500 3 Purchase of Machinary -62500 4 R/M Purchase-Prodn. -75000 5 Prototype Development Charges -23750 6 Sales 685000 7 Additional R/M-Prodn Purchase -175000
Patent
8 9 10 11 12
Advertisement Expenditure Payment of Labour + Direct Expns Overhead Expenses Purchase of Machinary Interset paid on loan Ending Cash
S.N. 1 2 3 4 5 6
Asset Cash Machinary Raw Material Patent Prototypes Account Receivable Total
Chemalite Inc. Balance Sheet as on 31st Dec2003 Amount S.N. Liabilities 113000 1 Profit or Gain 201875 2 Share Capital 55000 3 Alexander Equity 125000 23750 69500 588125 Total
Liabilities Alexander Equity 375000 125000 -7500 375000 125000 Share Capital
Prototypes
23750 69500 754500 -22500 -350000 -80000 -750 -10625 -195000 88125 588125
23750
Chemalite Inc. Income Statement Period 2nd. January 2003 to 31st. December 2003 S.N. Description Amount ($) 1 Legal Fees -7500 2 Sales 754500 3 Advertisement Expenditure -22500 4 Payment of Labour + Direct Expns -350000 5 Overhead Expenses -80000 6 Interset paid on loan -750 7 Depreciation -10625
-195000 88125
tal
588125