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this slide shows the financial details of the shop

this slide shows the financial details of the shop

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  • 1.  
  • 2.  
  • 3. Enterprise profile
    • Name of the Enterprise - Subashini Fancy Store.
    • Owner of the Enterprise- Mr.S.Thirunavukkrasu.
    • Celebrating its 25 th anniversary this year.
    • Know for its Quality and cheaper price.
    • More verities of products.
  • 4.
    • Business Timing  9am to 9pm.
    • Goods Purchased from local dealers, chennai dealers and banglour.
    • Purchasing on credit and repayment will done on every Saturday.
  • 5. Fancy and covering jewels All Cosmetics products Toys and Gifts
  • 6.
        • Direct Interaction with the owner.
        • survey on bills paid by the owner.
    Collection of Data?
  • 7.  
  • 8.  
  • 9.
    • Improper accounting methods are followed.
    • Rough entry in a Diary.
    • Bills are paid on daily entry system at the back of the bill.
    • Expenses are noted in a separate note book.
    • No stock taking .
  • 10.
    • Followed single entry system till 1993.
    • Law fact: No need to pay Tax for the business which has less than 3lakhs turn over per Annam.
    • Cost spend on accouters is reduced.
    • No space for modernizing the system.
  • 11.  
  • 12.