Project : Start A New Business

Group members
AAMIR GULZAR SULEMAN GOMEZ SHAFAQ SHERAZI RAJA YASIR HUMA MAQSOOD MARIA RAHSEED RAJA NAVEED

Business
We started a business of selling movies, cartoons, software's games and songs on DVDs and CDS.

Movies:
We sale following types of movies Bollywood Hollywood Islamic Documentaries

Total Expense Account

OCT 6 OCT 6 OCT 6 OCT 31 NOV 1 NOV 1 NOV1 NOV1 DEC 1
DATE

INTERNET CHARGES DVDS PURCHAESD (4.7GB) DVDS PURCHASED (8.5GB) ELECTRICITY CHARGES INTERNET CHARGES DVD COVERS (50) DVDS PURCHAESD (50) CDS PURCHASED (50) INTERNET CHARGES
EXPENSES

3000 1250 2100 1000 3000 500 800 600 3000

RS

DEC 31

TOTAL EXPENSES 15250

Profit And Loss Account

Debit Opening stock Purchase Gross profit c/f total Expenses Misc expenses Profit Total Rs 0 4750 9850 14600 7500 300 2000 9350 Credit Sales Total Gross profit c/d Rs 14600 14600 9350

Total

9350

Sales Account as on 31st December 2011

SALES HUMA SHAFAQ SULEMAN MARIA RAJA YASIR RAJA NAVEED RS 2000 2550 4500 2100 2000 1500

TOTAL SALES

14600

Balance Sheet as on 31st dec 2011

ASSETS CURRENT ASSETS CASH IN HAND ACCOUNTS RECIEVABLES 3800 200 Rs. LIABILITIES CAPITIAL: AAMIR GULZAR SULEMAN GOMEZ SHAFAQ SHERAZI RAJA YASIR HUMA MAQSOOD MARIA RAHSEED RAJA NAVEED PROFIT/LOSS Rs. 1500 1500 1500 1500 1500 1500 1500 2000

FIXED ASSETS
HARDRIVE DVD WRITER TOTAL

6000 2500

TOTAL

12500

12500