086 Study Guide - Final Guide: Financial Statement, Capital Account, Air Conditioning
Document Summary
Level 1: nandini kapur"s for the year 2004-05 are as follows. 1-4-04 nandini kapur started universal business solution by bringing in cash of rs. 22,500 in cash to purchase a computer with preloaded. The computer does not have any disposal value are the end of its useful life of four years. All assets are to be depreciated using the straight-line method. 3-4-04 ms. kapur opened a bank account with hdfc bank, bangalore for the firm by depositing cash of rs. 4-4-04 ms. kapur had rented an office space for rs. 2500 per on april 1, 2004 and has now security deposit of rs. 5-4-04 ms. kapuir hired maya nair as manager operation on a monthly salary of rs: she also hired vijay narayan as assistant manager marketing on a monthly salary of rs. 10-4-04 ms. kapur made arrangement with raj travels so that at regular intervals she will receive bills for cab hire charges and tour expenses.
