CIA 1
FINANCIAL TRANSCATIONS ANALYSIS
Under the Guidance of
DR. NISHA SHANKAR
SCHOOL OF BUSINESS AND MANAGEMENT
AUGUST 2021
DONE BY:
RASHMI S 2128146
RUTVIKA K 2128148
VINEET N 2128130
ATANU KUMAR DEY 2128105
RAHUL SAI 2128106
1
DELICIOUS DINES RESTURANT AND CATERERS
INTRODUCTION: Adopting a 1950s theme, the Delicious Dines intends to serve traditional
foods with an eye toward health. Established in the year 2017 July the two proprietors, Mr.
Atul Mehra & Mr. Yogesh Bhatt both experienced restauranteurs, intend to draw on their
extensive food service backgrounds as they launch their business. Renowned for creating
unforgettable memories, we at Delicious Dines offer the best catering services. With an
initial focus on small scale events in and around Bangalore, we quickly established a
reputation of high-quality catering and dining.
TRANSACTIONS FOR MONTH OF JULY 2017:
1. Owner invested Rs. 40,00,000 in cash to start the business.
2. Expenses incurred in acquiring license Rs.50,000 in cash.
3. Interiors designing and furnishing expenses paid in cash Rs.3,00,000
4. Two months’ rent of Rs.60,000 was prepaid in cash.
5. Equipment costing Rs.3,00,000 was bought on credit.
6. Grocery costing RS.80,000 was bought on credit.
7. Got an advance of Rs.2,00,000 out of estimated Rs.5,00,000 worth of catering
service from Mr. John D’Souza
8. Grocery Worth Rs.1,00,000 was paid in cash.
9. Used up Rs.1,20,000 worth of grocery.
10. Billed a total of Rs.5,00,000 to Mr. John D’Souza for catering service of which
Rs.2,00,000 was paid in advance.
11.Miscellaneous expense of Rs.40,000 were paid in cash
12.Advertising costing Rs.1,00,000 was paid for with cash.
13. Rs.20000 was paid for cleaning supplies.
14.Rs.50,000 was paid for Office Equipment’s. (Computer, billing machine, Card-
swiping machine)
15.Took a bank loan of Rs.1,20,000.
16. Bought 2 Delivery purpose motorcycles at Rs.1,20,000.
17. Security system installation worth Rs.70,000 was paid in cash. (Office Equipment)
18. Paid Rs.2,00,000 of the Rs.3,00,000 owed to the equipment supplier
19. Paid Rs.1,20,000 employee salaries in cash.
20.Paid electricity charges of Rs.30,000 in cash.
21.Paid water bill charges of Rs.20,000.
22. Paid Fuel Charges Costing Rs.4000.
23.Earned a Revenue of Rs.2,50,000 from dine-in customers.
24. Used up cleaning supplies worth Rs.15000.
25.Paid Rs.40,000 of the Rs.80,000 owed to the grocery supplier.
2
ACCOUNTING EQUATION FOR THE MONTH OF JULY 2017
PROFIT AND LOSS ACCOUNT FOR THE MONTH OF JULY 2017
Revenue Amount Total
Income from Catering Service 5,00,000
Earned an income from dine-in-services 2,50,000
Total Revenue 7,50,000
Expenses
Interior designing and furnishing expenses 3,00,000
Used Groceries 1,20,000
Miscellaneous Exp 40,000
Advertising Exp 1,00,000
Salaries 1,20,000
Electricity Charges 30,000
Water Bill 20,000
Office Supplies 15,000
Fuel Charges 4,000
Total Expenses 7,49,000
Profit Before Tax 1,000
Tax
Profit After Tax 1,000
3
BALANCE SHEET FOR MONTH OF JULY 2017
Particulars Amount Total
32,46,00
Cash 0
Licence 50,000
Rent 60,000
Equipment 3,00,000
Grocery 60,000
Office Supplies 5,000
Office Equipment 1,20,000
Vehicles 1,20,000
Accrued Income 3,00,000
42,61,00
Total Assets 0
Liability & Owners Equity
40,00,00
Owners’ Equity 0
Reserve And Surplus 1,000
Equipment cost O/S 1,00,000
Grocery cost O/S 40,000
Loan O/S 1,20,000
TOTAL LIABILITY AND OWNER'S 42,61,00
EQUITY 0
