The document summarizes accounting transactions for a new sandwich outlet business. It includes [1] starting the business with capital of Rs. 40,000, [2] purchasing assets like furniture and machinery, [3] paying rent and buying ingredients, and [4] making sales of Rs. 2,000 from 20 sandwiches. The accounting entries are made in the books to record increasing assets by debiting cash and crediting capital on starting the business, debiting vending machine and crediting creditors for the purchase, and debiting cash and crediting sales for revenues earned. Ledger accounts are also shown for the transactions.

1. ACCOUNTING TRANCTION
IN
THE BOOKS OF
SANDWICH OUTLET
Prepared by:
Vishal bhatnagar

2. PROBLEM:
• You have just started a sandwich outlet in
our campus with a capital of Rs.
40,000.You buy necessary vending
machine hire a person to maintain the
shop, make and sell 20 cheese grilled
sandwiches. Maintain all necessary books
of accounting and make appropriate
entries to the same.

3. ASSUMPTION :
 Started a business with Rs. 40,000
 Bought furniture of Rs. 5,000
 Bought machinery of RS. 5,000
 Rent paid of Rs. 10,000
 Bought ingredient of Rs. 1,000
 Equipment purchased of RS. 5,000
 Sales of sandwiches of Rs. 2,000

4. Started a business with Rs. 40,000

5. SOLUTION:
SN PARTICULAR LF.
. DEBIT CREDIT
1. Cash a/c Dr. 40,000
To capital a/c 40,000
2. Vending machine a/c Dr. ------
To cash/creditor a/c ------
3. Cash a/c Dr. ------
To Sales a/c ------

6. MODERN APPROACH
Assets Debit Credit
Liabilities Credit Debit
Capital Credit Debit
Revenue Credit Debit
Expenses Debit Credit

7. Cash a/c Dr. 40,000
To Capital a/c 40,000
Asset is increasing therefore cash is debited.
Capital is increasing therefore credited.

8. 2. Vending machine a/c Dr. ------
To cash/creditor a/c ------
Vending machine is asset and hence asset is increasing therefore
vending machine is debited
Liability is increasing therefore creditor is credited.

9. 3. Cash a/c Dr. ------
To Sales a/c ------
Cash is asset and cash is increasing therefore cash is
debited.
Sales is revenue and sales is increasing therefore sales is
credited.

10. LEDGER BOOKS
CASH a/c
Particular amount Particular Amount
To capital a/c 40,000 By machine -------
To sales a/c
CAPITAL a/c
Particular Amount Particular Amount
By cash 40,000

11. MACHINE A/C:
Particular Amount Particular Amount
To cash a/c --------
SALES A/C:
Particular Amount Particular Amount
Cash a/c ---------

12. THANK YOU
ANY QUERY ?