possible transactions in your? Take a case of starting your own business on15th September 2010 and record all possible transactions in your books of account to the extent of preparing a trial balance keeping in mind the following points:
1.No. of transactions shouldn’t be less than 50 in any circumstance.
2.Source of funds has to be shown.
3.After application of funds the cash + bank balance should not be more than 10% of amount invested.
1.No. of transactions shouldn’t be less than 50 in any circumstance.
2.Source of funds has to be shown.
3.After application of funds the cash + bank balance should not be more than 10% of amount invested.