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Accounts

Studio Six is a garment shop started by Rajesh Mathew in April 2017 with Rs. 1,00,000 cash. The objectives of this one-year project ending March 2018 are to determine if Studio Six is successful or a failure and if banks will provide a loan to the business. Rajesh began operations with three employees and made various transactions from April 2017 to March 2018.

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Snehal Singh
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49 views2 pages

Accounts

Studio Six is a garment shop started by Rajesh Mathew in April 2017 with Rs. 1,00,000 cash. The objectives of this one-year project ending March 2018 are to determine if Studio Six is successful or a failure and if banks will provide a loan to the business. Rajesh began operations with three employees and made various transactions from April 2017 to March 2018.

Uploaded by

Snehal Singh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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ACCOUNTANCY PROJECT

COMPREHENSIVE PROJECT

INTRODUCTION

1. Name of the project

A study of the business of Studio Six.

2. Objectives of the project

-To know whether Studio Six is a success or a failure.

-To know whether the banks will give loan for their business.

3. Period of study

-One year ending on 31st March 2018


SOURCE MATERIAL

STUDIO SIX

Mr Rajesh Mathew had just finished pursuing his higher studies in


management. He wanted to start a business of his own and with careful
planning,he decided to open a garments shop in the city.The name of
his shop was Studio Six.
He commenced the business on April 1st 2017 with cash of Rs.
1,00,000.He appointed three employees initially to help him in the
shop.Given below are some of his transactions made during the
accounting year, April 1st 2017 – March 31st 2018.
2017
April 01 Rajesh started his business with cash of Rs.1,00,000
April 10 He opened an account in a bank with cash
May 10

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