accountancy project

1. Case Study
Comprehensive Project
I Harsh Kundu passed class 12th
with good marks. I thoughtof a sole proprietor
business, whereI didn’t have enough capital to commence the business of Mobile
showroom& servicecenter. I had opened saving accountlinked with “jan dhan
yojana scheme” respectively. After 2-3 years spending freely as unemployed; this
time was good fortune for me that “DE-MONITIZATION” took placeand I went to
bank to exchange scrap notes & also to deposit. Whereelse I got know that my
A/C was credited with RS .5000000, I was stund and complaintregarding the same
and got to know about this that bank officials were involved in the case; same
incident happened with few more banks A/C’s. I thought& realized of transferring
the bank A/C to other state bank. Since childhood I had an interest of using
mobile phones that’s why I decided to open a mobile shop with service center.
After that I calculated & day to day Sunday expenses of the showroom & service
center RS. 1000.
So, I had to take loan by bank of RS. 1000000for 5 years of settlement of the
business with interest rate @ 12% per annumpayable at 10 years half yearly
installment. On 1st
January 2017started businessof mobile showroom& service
center (SAMSUNG), which was named as Kundu Tele-Communication Hub. And
appointed a manager for servicecenter.