ST.XAVIER`S SEN. SEC.

SCHOOL

ACCOUNTS PROJECT
Company Name – yogesh
enterprises

Accounts project work

Accounts project

Class- XI B Roll no- 08 Subject- Accounts

(Commerce)

Project By-yogesh verma

Teacher Name- Mr. Biswas sir

COMPANY ADDRESS-169,OMNAGER ROAD, SULTANPUR

 Preface
This project of Accounts has been made according to the
topic which was provided to me by our subject teacher. I
have done details study and research of the different
company profiles and made this project. The project has
been written in a simple language, keeping in view of the
topics provided to me. Practical examples have been
given for references of the Company transactions.
After doing this project my practical knowledge of
Accounts have improved. I have every confidence that
after doing this project my concept of Business have
improved.
I express our sincere thanks to the teachers, my
parents and elders for their valuable suggestions and
time and encouragement provided by them in making my
project a quality one.
 Acknowledgement
Yogesh verma of class XI (Com) solemnly declare that the
report of the project work entitled Accounts project, is
based on my own work carried out during the course of
my study under the supervision of Mr. Biswas Sir
I assert that the statements made and the details
used and the conclusions drawn are an outcome of the
project work. I further declare
that to the best of my knowledge and belief I have done
my project.
Index
Introduction To Company
My Company name is yogesh Enterprises.

It is situated at 169, om nager Road, Sultanpur.

In my company the box of sweets are prepared.

Company Profile
 Transaction
Date Details Amount
2011 Rs.
Sept.01 Open a bank account with ICICI bank 2,00,000
Sept.02 Sold to Hari raw material for making sweets boxes for 50,000
cash
Sept.05 Sold to Rakesh a paper bundle for cash 42,000
Sept.07 Purchase paper from mohit ltd. For cash 2,20,251
Sept.09 Sold to naresh sweet box for cash 12,000
sept.12 Purchase raw material from mohit ltd. For cash 1,21,000
Sept.14 Cash deposited into bank 2,00,000
Sept.16 Purchase machinery in full settlement 3,00,000
Sept.19 sold goods for cash to nilesh 20,000
Sept.20 Sold goods to Mr. B on credit 1,20,000
Sept.22 Paid Electricity bill of factory 5,000
Sept.23 Received cash from Mr. B 1,20,000
Sept.26 Cash withdrawl for personal use 12,000
Sept.27 Paid salaries to workers in cash 5,000
Sept.28 Purchase goods from rahul bros. For cash 12,00,000
Sept.29 Sold goods to Mr. Sanjay for cash on credit 12,250
Sept.30 Sold goods to Mr. Pradeep for cash 15,000

Voucher
On the basis of source document entries are
first of all recorded on voucher and then on the
basis of the voucher recording are made in the
journal or books or original entries. Vouchers
are printed separately by all the firms in their
own names. Voucher is counter signed by an
authorised person the firm.

Types Of Voucher

Voucher

Cash Non Cash

Voucher Voucher

Debit voucher Credit

for cash
payment Voucher
 Debit Voucher
Yogesh Enterprises
169,om nager road, Sultanpur
Voucher No- Date:10/09/2011
Amount
DEBIT-Paper A/c
2,20,251
............................................................................................................................
.......................................................
(Purchase paper from mohit ltd. Vide bill no. 562 and payment made by cash
dated07/09/2011 )
2,20,251
TOTAL
Signature Signature
............... ................
Manager Accountant

Credit Voucher
yogesh Enterprises
169,om nager road, Sultanpur
Voucher No- Date:
Amount
CREDIT-Sales A/c
............................................................................................................................ 2,71,250
.......................................................
For goods sold and payment received by cash)

2,71,250
Signature Signature
............... ................
Manager Accountant

Transfer Voucher
 TRANSFER VOUCHER
yogesh Enterprises
169. om nager road, Sultanpur
Voucher No- Date:
Amount

DEBIT-

Total Rs.
CREDIT

Total Rs.
Signature Signature
............... ..............
Manager Accountant

Journal
Journal is a book of original entry in which the
transaction are recoded first of all, as and when they
take place.

The Journal as originally used , is the book of prime entry

in which the transaction are copied in order of date from
a memorandum or waste book. The entries as they are
copied are classified into debits and credit so as to
facilitate their bring correctly posted afterward in the
ledger.

Date Particulars L.F Amount(Dr.) Amount(Cr.)

Sept.01 Bank A/c Dr. 2,00,000
To Cash A/c 2,00,000
Sept.02 Cash A/c Dr. 50,000
 To sales A/c 50,000
Sept.05 Cash A/c Dr. 42,000
To sales A/c 42,000
Sept.07 purchase A/c Dr. 2,20,251
To cash A/c 2,20,251
Sept.09 Cash A/c Dr. 12,000
To sales A/c 12,000
sept.12 purchase A/c Dr. 1,21,000
To cash A/c 1,21,000
Sept.14 Bank A/c Dr. 2,00,000
To cash A/c 2,00,000
Sept.16 Machinery A/c Dr. 3,00,000
To cash A/c 3,00,000
Sept.19 Cash A/c Dr. 20,000
To sales A/c 20,000
Sept.20 Mr. B Dr. 1,20,000
To sales A/c 1,20,000
Sept.22 Electricity A/c Dr. 5,000
To cash A/c 5,000
Sept.23 Cash A/c Dr 1,20,000
To Mr. B 1,20,000
Sept.26 Drawing A/c Dr. 12,000
To cash A/c 12,000
Sept.27 Salary A/c Dr. 5,000
To cash A/c 5,000
Sept.28 Purchase A/c Dr. 12,00,000
To cash A/c 12,00,000
Sept.29 Sanjay Dr. 12,250
To sales A/c 12,250
Sept.30 Cash A/c Dr. 15,000
To sales A/c 15,000
TOTAL 31,66,752 31,66,752

Ledger
Business transactions are first enter in journal
and the next step is to transfer the entries to
respective accounts in ledger. The ledger is the
principle book of accounting system it
contains different accounts where
transactions relating to that are recorded.
Ledger is the book which contain all accounts
of business enterprise where personal, Real
and Nominal A/c.

Cash Account
Date Particular l.f Amount Date Particular l.f Amount
2011 Rs. 2011 Rs.
Sept 02 To Sales A/c 50,000 Sept 01 By Bank A/c 2,00,000
Sept 05 To Sales A/c 42,000 Sept 07 By purchase A/c 2,20,251
Sept 09 To Sales A/c 12,000 Sept 12 By purchase A/c 1,21,000
Sept 19 To Sales A/c 20,000 Sept 14 By Bank A/c 2,00,000
Sept 23 To Mr. B 1,20,000 Sept 16 By Machinery A/c 3,00,000
Sept 30 To Sales A/c 15,000 Sept 22 By Electricity A/c 5,000
Sept 26 By Drawings A/c 12,000
Sept 27 By salary A/c 5,000
Sept 28 By Purchase A/c 12,00,000

Purchase A/c
Date Particular l.f Amount Date Particular l.f Amount
2011 Rs. 2011 Rs.
Sept 07 To cash A/c 2,20,251 Sept 26 By Drawings A/c 12,000
Sept 12 To cash A/c 1,21,000
Sept 28 To cash A/c 12,00,000

Salary A/c

Date Particular l.f Amount Date Particular l.f Amount

Sept To Cash A/c 5,000
27

Sales A/c

Date Particular l.f Amount Date Particular l.f Amount

2011 Rs. 2011 Rs.
Sept.02 By Cash A/c 50,000
Sept.05 By Cash A/c 42,000
Sept.09 By Cash A/c 12,000
Sept 20 By Mr. B 1,20,000
Sept.19 By Cash A/c 20,000
Sept.29 By Sanjay 12,250
Sept.30 By Cash A/c 15,000

Drawings A/c

Date Particular l.f Amount Date Particular l.f Amount

Sept 26 To Cash A/c 12,000

Electricity A/c
 Date Particular l.f Amount Date Particular l.f Amount
Sept To Cash A/c 5,000
22

Machinery A/c

Date Particular l.f Amount Date Particular l.f Amount

Sept To Cash A/c 3,00,000
16

Bank A/c

Date Particular l.f Amount Date Particular l.f Amount

Sept To cash A/c 2,00,000
01
Sept To cash A/c 2,00,000
14

Cash Book
Cash book is a book in which all transaction relating to cash
receipts and cash payments are recorded .It starts with the
cash or bank balances at the beginning of the period .It serves
the purpose of both journal as well as ledger account it is also
called the book of original entry.
Receipt are entered on the debit side of the cash book.
Payments are entered on the credit side.
Features of cash book
1. Only cash transaction are recorded.
2. Recorded chronologically as they occur.
3. Receipt recorded in debit side and payment on the credit side.
4. Only cash transaction are recorded.
5.It performs the function of both jornal and ledger at the same
time.

Cheques
Trial Balance
A trial balance is the statement showing the balances or total of
debit and credit of all these account in the ledger with a view to
verify the arithmetical accuracy of posting into the ledger
accounts. It shows the financial position of an accounting process
as its shows the final statement.

Objectives Of Trial Balance

1. To ascertain the arithmetical accuracy of the ledger accounts.
2. To help in locating errors.
3. To help in the preparation of the trial balance of financial
statement.
4. To obtain the summary of the ledger.

Features Of Trial Balance

1. It is the list of balances of all ledger accounts and the cash book.
2. It is just a statement not a account.
3. It is always prepared on a particular date and not for a
particular period.
4. It is to check arithmetical accuracy of the ledger accounts.
5. It is neither a part of double entry system, nor does it appears
in the actual books of accounts. It is working paper.

Preparation Of Trial Balance

A trial balance is prepared in the following three methods:-
1. Total Method
2. Balances Method
3. Total-Cum-Balances Method

Trial Balance As On...................

Dr. Cr.
Particulars Amount Particulars Amount
Bank Balance 4,00,000 sales 2,71,250
salaries 5,000 Creditors 1,32,250
Machinery 3,00,000
Drawings 12,000
Conclusion
Bibliography