Introductory

These accounts are the basis of our accounting system, keeping monthly totals of
income, costs, expenses, assets, and liabilities. The balances that appear on income
statements, balance sheets, trial balances, and other financials are based on the account
totals in the COA.
The Clients & Profits X chart of accounts is completely customizable. We can have as
few or as many accounts as us need (there’s no real limit to the quantity of accounts).
Each account has an account number, classification, sub-class, and categories for cash
flow and ratio reports. Separate accounts can be set up for different profit centers and
departments. Every account keeps real-time running balances for up to 24 accounting
periods.
Budget amounts can be quickly set up for any or all accounts and periods using last
year’s totals. Account totals can roll up into other accounts. The accounts are set up
with the rollup information in the Chart of Accounts. Choose the Rollup option when
printing financials to rollup, or hide, the account totals in the designated account.
Accounts can also be made confidential. Confidential accounts work like regular
accounts, but can’t be used by non-managers.
Overview of AIS
Unlike many other accounting subjects, such as intermediate accounting, accounting
information systems (AIS) lacks a well-defined body of knowledge. Much controversy
exists among college faculty as to what should and should not be covered in the AIS
course. To some extent, however, the controversy is being resolved through recent
legislation. The Sarbanes-Oxley Act (SOX) of 2002 established new corporate
governance regulations and standards for public companies registered with the
Securities and Exchange Commission (SEC). This wide-sweeping legislation impacts
public companies, their management, and their auditors. Of particular importance to
AIS students is SOX’s impact on internal control standards and related auditing
procedures. Whereas SOX does not define the entire content of the AIS course, it does
identify critical areas of study for accountants that need to be included in it.

Begin the study of AIS with the recognition that information is a business resource.
Like the other business resources of raw materials, capital, and labor, information is
vital to the survival of the contemporary business organization. Every business day,
vast quantities of information flow to decision makers and other users to meet a
variety of internal needs. In addition, information flows out from the organization to
external users, such as customers, suppliers, and stakeholders who have an interest in
the firm. An overview of these internal and external information flows. The business
organization divided horizontally into several levels of activity. Business operations
from the base of the pyramid.

These activities consist of the product-oriented work of the organization, such as

manufacturing, sales, and distribution. Above the base level, the organization is
divided into three management tiers: operations management, middle management,
and top management. Operations management is directly responsible for controlling
day-to-day operations. Middle management is accountable for the short-term planning
and coordination of activities necessary to accomplish organizational objectives. Top
management is responsible for longer-term planning and setting organizational
objectives. Every individual in the organization, from business operations to top
management, needs information to accomplish his or her tasks.
Company profile
Company Name : Coca-Cola Beverage Shop.
Shop location : Bashundhara
Product : Only Coca cola
Strategy : Commercial production.
Status : Partnership Business.
Business Line : Producing & exporting
Number of Partner : Three.
Authorized Capital : Tk.10000000000cores
Initial Investment : Tk.500000000cores

Company’s mission
The world is changing all around us. To continue to thrive as a business over the next
ten years and beyond, we must look ahead, understand the trends and forces that will
shape the business in the future and move swiftly to prepare for what’s to come. We
must get ready for tomorrow today. That’s what our 2020 Vision is all about. It creates
a long-term destination for our business and provides us with a “Roadmap” for
winning together with our bottling partners.
Mission
Roadmap starts with the mission, which is enduring. It declares the purpose as a
company and serves as the standard against which we weigh the actions and decisions.
 To refresh the world.
 To inspire moments of optimism and happiness.
To create value and make a difference.
Company’s vision
Vision
Vision serves as the framework for our Roadmap and guides every aspect of the
business by describing what we need to accomplish in order to continue achieving
sustainable, quality growth.
 People: Be a great place to work where people are inspired to be the best they
can be.
 Portfolio: Bring to the world a portfolio of quality beverage brands that
anticipate and satisfy people’s desires and needs.
 Partners: Nurture a winning network of customers and suppliers, together we
create mutual, enduring value.
 Planet: Be a responsible citizen that makes a difference by helping build and
support sustainable communities.
 Profit: Maximize long-term return to shareowners while being mindful of our
overall responsibilities.
Productivity: Be a highly effective, lean and fast-moving organization
Winning Culture
Winning Culture defines the attitudes and behaviors that will be required of us to
make the 2020 Vision a reality.
Company’s values
Values
values serve as a compass for our actions and describe how we behave in the world.
 Leadership: The courage to shape a better future
 Collaboration: Leverage collective genius
 Integrity: Be real
 Accountability: If it is to be, it’s up to me
 Passion: Committed in heart and mind
 Diversity: As inclusive as our brands
 Quality: What we do, we do wellon the Market
Focus
 Focus on needs of our consumers, customers and franchise partners
 Get out into the market and listen, observe and learn
 Possess a world view
 Focus on execution in the marketplace every day
  Be insatiably curiousWork Smart
 Act with urgency
 Remain responsive to change
 Have the courage to change course when needed
 Remain constructively discontent
 Work efficientlyAct Like Owners
 Be accountable for our actions and inactions
 Steward system assets and focus on building value
 Reward our people for taking risks and finding better ways to solve problems
 Learn from our outcomes — what worked and what didn’tBe the Brand
Inspire creativity, passion, optimism and fun
Accountants as Users
In most organizations, the accounting function is the single largest user of IT. All
systems that process financial transactions impact the accounting function in some
way. As end users, accountants must provide a clear picture of their needs to the
professionals who design their systems. For example, the accountant must specify
accounting rules and techniques to be used, internal control requirements, and special
algorithms such as depreciation models. The accountant’s participation in systems
development should be active rather than passive. The principal cause of design errors
that result in system failure is the absence of user involvement.
Managerial Aspect
Management Aspect: (Journal) In this part described about a company’s regular
transactions. According to the all the most common financial transactions are
economic exchanges with external parties. These include the sale of goods or services,
the purchase of inventory, the discharge of financial obligations, and the receipt of
cash on account from customers. Financial transactions also include certain internal
events such as the depreciation of fixed assets, the application of labor, raw materials,
and overhead to the production process; and the transfer of inventory from one
department to another. Financial transactions are common business events that occur
regularly.
For instance, thousands of transactions of a particular type (sales to customers) may
occur daily. To deal efficiently with such volume, business firms group similar types
of transactions into transaction cycles. These transactions are recorded as first in the
journal book of an organization. That is must identify by the accounting information
system Transactions to record, Capture all details, Properly process into correct
accounts, and Provide reports externally and internally.
Management Aspect: (Cash book) Larger firms usually divide the cash book into two
parts. The first part is the cash disbursement journal that records all cash payments,
such as accounts payable and operating expenses. The second part is the cash receipts
journal, which records all cash receipts, such as accounts receivable and cash sales.
A financial journal that contains all cash receipts and payments, including bank
deposits and withdrawals. Entries in the cash book are then posted into the general
ledger. The cash book is periodically reconciled with the bank statements as an
internal method of auditing.
Cashbook is a famous mobile phone app which helps us tracking our daily expenses
anywhere and anytime. If we go out for a business trip and need a quick and handy
way to write down all our expenses in order to get reimbursement later on or tax
deductions, Cashbook in Android is the perfect tool for us. If we’d like to keep
tracking our incomes, daily expenses and monthly balance sheet, we can easily do it
anywhere and anytime with Cashbook on Android phone.
 Income and Expense Category: User can add, delete, rename income and
expense categories. User defined categories will be saved in database for future
use.
 Payer and Payee: User can add, delete, and rename payer and payee
information. User defined payer and payee will be saved in database for future use.
 Database backup and restore: User can backup database to SD card. Also, user
can restore database from the saved backup in SD card.
 Export database in CSV (for Microsoft Excel) or QIF (for Quicken) format:
User can export database to SD card in CSV or QIF format which can be open in
Microsoft Excel or any other text file editor. In this feature, user has four ways to
specify the records in certain date range:
1 All Date
2 Within Start and End Date
3 After Specific Date
4 After Last Export Date
5 Today
6 This Month
7 This Year
Email database in CSV (for Microsoft Excel) or QIF (for Quicken) format: User can
send database CSV or QIF file by email attachment. In this feature, user has four ways
to specify the records in certain date range:
8 All Date
9 Within Start and End Date
10 After Specific Date
 11 After Last Export Date
12 Today
13 This Month
14 This Year
 Auto Check Upgrade: User can turn on or off the feature of automatically
checking whether there is a newer version of software available in Android Market.
 User Assistance: User can turn on or off the automatic tips on how to use
Cashbook
Icon Notification: User can turn on or off the feature of using icon notification when
Cashbook is running.
 Use Splash Screen: User can turn on or off the feature to start the program with
splash screen.
 Mileage Tracker: It is a perfect solution for tracking vehicle mileage for
IRS/expense purpose.
Management Aspect: (Ledger) The general ledger is a collection of the firm’s
accounts. While the general journal is organized as a chronological record of
transactions, the ledger is organized by account. In casual use the accounts of the
general ledger often take the form of simple two-column T-accounts. In the formal
records of the company they may contain a third or fourth column to display the
account balance after each posting.
Note the direct mapping between the journal entries and the ledger postings. While
this posting of journalized transactions in the general ledger at first may appear to be
redundant since the transactions already are recorded in the general journal, the
general ledger serves an important function: it allows one to view the activity and
balance of each account at a glance. Because the posting to the ledger is simply a
rearrangement of information requiring no additional decisions, it easily is performed
by accounting software, either when the journal entry is made or as a batch process,
for example, at the end of the day or week.
Finally, while such T-accounts are handy for informal use, in practice a three-column
or four-column account may be used to show the running account balance, and in the
case of a four column account, whether that balance is a net debit or credit.
Additionally, reference numbers may be used so that each posting can be traced back
to its original journal entry.
Management Aspect: (Bank book) Larger firms usually divide the bank book into two
parts. The first part is the equity based journal that records, such as Capital. The
second part is the cash payments journal, which records, such as accounts payable and
Insurance policy.
A financial journal that contains all cash receipts and payments, including bank
deposits and withdrawals. Entries in the bank book are then posted into the general
ledger. The bank book is periodically reconciled with the bank statements as an
internal method of auditing.
Bank book is a famous excels application which helps us tracking our daily expenses
anywhere and anytime. If we go out for a business trip and need a quick and handy
way to write down all our expenses in order to get reimbursement later on or tax
deductions, Bank book in Android is the perfect tool for us. If we’d like to keep
tracking our incomes, daily expenses and monthly balance sheet, we can easily do it
anywhere and anytime with Bank book on Android phone.

Management Aspect: (Trial Balance) trial balance is the equal balance part for the
accounting process. An accountant should provide a balanced trial balance result to
made a next step of preparing income statement of an organization and as well as the
balance sheet of an organization. Based on that all revenue and expenditures are
included for calculating this part. The source of information is the relievable for all
transactions collected from ledger that ready to disclose the financial information for
the both external and internal purposes. All tracked of transactions posted into two
different sides. One side is debit items and another side is called credit items side. It
actually prepared for monthly, quarterly and common in yearly.

Management Aspect: (Income Statement) Income Statement is the set of all incomes
and expenditures. That means all revenues and expenses these are incurred for
maintaining the business operations are given in the income statement to find out the
excess of income over expenditure or excess of expenditure over the income. It
actually prepared for monthly, quarterly and common in yearly. The all period it would
be better that the balance of excess of income over expenditure for any company.
From this stage the only result forwarded the next stage the preparing of Balance
Sheet. Through this account this item going to next year or period. It shown in the
Balance Sheet under the retained earnings on stockholders equity.
Management Aspect: A (Retained earnings) Retained earnings is the increasing
balance part for the accounting process. An accountant should provide a balanced
Retained earnings result to made a next step of preparing Balance Sheet of an
organization and as well as the new Retained earnings of an organization. Based on
the result of income statement that account is included for calculating this part.
The source of information is the relievable for all transactions collected from income
statement and previous year balance sheet that ready to disclose the financial
information for the both external and internal purposes. All tracked of transactions
posted into two different sides. One side is beginning retained earnings and another
side is called ending retained earnings side. It actually prepared for monthly, quarterly
and common in yearly.
Management Aspect: (Balance Sheet) balance sheet is the financial feeling hart of an
organization. This part is completed with the two systems. Like one British process
and or American process. Both processes have two different sides. One is called assets
side and another side is called liabilities and owner’s equity/ stockholders equity.
Companies are all current assets and as well as fixed assets are recorded under the
assets column, such as cash deposit, inventory, land, buildings etc. On the other hand
all the company’s liability and equity recorded under the liabilities and owner’s equity/
stockholders equity column, such as accounts payable, common stock, retained
earnings etc.
Findings
Coca-Cola Beverage Shop

General Journal

Date Code Voucher Particulars Ref: Debit Credit

No

Jan. 1, 2010 A1000 D0F 101 Cash 1,500,00

0

A2000 Bank 500,000

S1000 Capital 2,000,000

(Starting business with

cash & bank)

Jan. 3, 2010 I14000 D0F 105 Prepaid office rent 60,000

 A1000 Cash 60,000

(Office rent paid in

Advance)

Jan. 5, 2010 A9000 D0F 108 Machineries 300,000

A1000 Cash 200,000

L1000 A/C payable 100,000

(machine purchase with

cash and credit)

Jan. 9, 2010 I3000 D0F 110 Raw materials 200,000

L1000 A/C payable 200,000

(raw materials purchase

on credit)

Jan. 10, I8000 D0F 115 Advertisement 10,000

2010

A1000 Cash 10,000

(advertisement paid by
cash)

Jan. 11, A6000 D0F 117 Furniture 150,000

2010

A1000 Cash 150,000

(furniture purchased by
cash)

Jan. 15, I6000 D0F 127 Office supply 55,000

2010

A2000 Bank 55,000

(office supply purchased

with check)
Jan. 23, D0F 132 Insurance policy 100,000
2010

A1000 Cash 50,000

A2000 Bank 50,000

(Insurance paid by cash

& bank)

Jan. 31, I7000 D0F Office rent 10,000

2010 139

I14000 Prepaid office rent 10,000

(adjusting transaction)

Feb. 3, A4000 D0F Inventory 30,000

2010 145

A2000 Bank 30,000

(Inventory purchased by
check)

Feb. 10, I5000 D0F Salary 25,000

2010 151

A1000 Cash 25,000

(Salary paid by cash)

Feb.15, A1000 D0F Cash 200,000

2010 159

A3000 A/C receivable 50,000

I1000 Sale 250,000

(sales by cash and account)

Feb.25, L1000 D0F A/C payable 100,000

2010 167
 A1000 Cash 100,000

Adjusting transaction)

Feb.28, I4000 D0F Wage 10,000

2010 173

A1000 Cash 10,000

(wage paid by cash)

Feb.28, I7000 D0F Office rent 10,000

2010 180

I14000 Prepaid office rent 10,000

(adjusting transaction)

Mar. 10, I5000 D0F Salary 25,000

2010 188

A1000 Cash 25,000

(salary paid by cash)

Mar. 15, A7000 D0F Computer 30,000

2010 197

A1000 Cash 30,000

(computer purchased by
cash)

Mar. 27, A1000 D0F Cash 320,000

2010 208

A3000 A/C receivable 80,000

I1000 Sales 400,000

(sales by cash and account)

Mar. 31, I7000 D0F Office rent 10,000

2010 214
 I14000 Prepaid office rent 10,000

(adjusting transaction)

Apr. 5, 2010 I6000 D0F Office supply 15,000

221

L1000 A/C payable 15,000

(O/S purchased by credit)

Apr. 10, I5000 D0F Salary 25,000

2010 229

A1000 Cash 25,000

(Salary paid by cash)

Apr. 25, L1000 D0F A/C payable 100,000

2010 236

A2000 Bank 100,000

Adjusting transaction)

Apr. 30, I7000 D0F Office rent 10,000

2010 241

I14000 Prepaid office rent 10,000

(adjusting transaction)

May. 1, A8000 D0F Delivery truck 150,000

2010 249

L1000 A/C payable 100,000

A1000 Cash 50,000

(truck purchased with cash &

account)

May. 9, I5000 D0F Salary 25,000

2010 257

A1000 Cash 25,000

 (Salary paid by cash)

May. 31, I7000 D0F Office rent 10,000

2010 264

I14000 Prepaid office rent 10,000

(adjusting transaction)

June. 8, A1000 D0F Cash 50,000

2010 272

A3000 A/C receivable 50,000

(adjustment entry)

June. 10, I5000 D0F Salary 25,000

2010 279

A1000 Cash 25,000

(Salary paid by cash)

June. 30, I7000 D0F Office rent 10,000

2010 284

I14000 Prepaid office rent 10,000

(adjusting transaction)

July. 3, I14000 D0F Prepaid office rent 60,000

2010 292

A1000 Cash 60,000

(Office rent paid in Advance)

July. 9, I5000 D0F Salary 35,000

2010 305

A1000 Cash 35,000

(Salary paid by cash)

July. 20, A3000 D0F A/C receivable 300,000

2010 314

I1000 Sale 300,000

(sales on account)

July. 31, I7000 D0F Office rent 10,000

2010 323

I14000 Prepaid office rent 10,000

(adjusting transaction)

Aug. 8, I5000 D0F Salary 35,000

2010 331

A1000 Cash 35,000

(Salary paid by cash)

Aug. 25, S1000 D0F Capital 50,000

2010 339

A1000 Withdraw/ Cash 50,000

(withdraw from the capital)

Aug. 31, I7000 D0F Office rent 10,000

2010 345

I14000 Prepaid office rent 10,000

(adjusting transaction)

Sep. 5, I3000 D0F Raw materials 100,000

2010 356

A2000 Bank 100,000

(raw materials purchase with

check)

Sep. 6, I9000 D0F Transportation 10,000

2010 362

A1000 Cash 10,000

 (transportation cost paid by
cash)

Sep. 10, I5000 D0F 369 Salary 35,000

2010

A1000 Cash 35,000

(Salary paid by cash)

Sep. 30, I7000 D0F 378 Office rent 10,000

2010

I14000 Prepaid office rent 10,000

(adjusting transaction)

Oct. 2, I10000 D0F 389 Machinery maintenance 20,000

2010

A2000 Bank 20,000

(machinery maintenance paid

by check)

Oct. 10, A8000 DOF Delivery truck 35,000

2010 395

A1000 Cash 35,000

(Salary paid by cash)

Oct. 31, I7000 DOF399 Office rent 10,000

2010

I14000 Prepaid office rent 10,000

(adjusting transaction)

Nov. 8, I5000 DOF Salary 35,000

2010 406

A1000 Cash 35,000

 (Salary paid by cash)

Nov. 21, A1000 DOF Cash 200,000

2010 409

A3000 A/C receivable 150,000

I1000 Sale 350,000

(sales on account, bank &

cash)

Nov. 30, I7000 DOF Office rent 10,000

2010 414

I14000 Prepaid office rent 10,000

(adjusting transaction)

Dec. 1, I12000 DOF Tax 80,000

2010 423

A1000 Cash 80,000

(tax paid by cash)

Dec. 5, I5000 DOF Salary 35,000

2010 431

A1000 Cash 35,000

(Salary paid by cash)

Dec. 20, I13000 DOF Profit distribution 100,000

2010 447

A1000 Cash 100,000

(profit distributed by cash)

Dec. 31, I7000 DOF Office rent 10,000

2010 452

I14000 Prepaid office rent 10,000

(adjusting transaction)
Dec. 31, I5000 DOF Salary 35,000
2010 466

L1000 A/C payable 35,000

(salary is not paid yet)

Total 5,570,000 5,570,000

Coca-Cola Beverage Shop

Cash Book

For the year ending December 31,

 2010

Date Code Voucher No Particulars Credit

3-Jan I14000 D0F 105 prepaid office rent 60,000

5-Jan A9000 D0F 108 machinery 200,000

10-Jan I8000 D0F 115 Advertisement 10,000

11-Jan A6000 D0F 117 Furniture 150,000

23-Jan A5000 D0F 132 Insurance policy 50,000

10-Feb I5000 D0F 151 Salary 25,000

25-Feb L1000 D0F 167 A/C payable 100,000

28-Feb I4000 D0F 173 Wage 10,000

10-Mar I5000 D0F 188 Salary 25,000

15-Mar A7000 D0F 197 Computer 30,000

10-Apr I5000 D0F 229 Salary 25,000

1-May A8000 D0F 249 Delivery truck 50,000

9-May I5000 D0F 257 Salary 25,000

10-Jun I5000 D0F 279 Salary 25,000

3-Jul I14000 D0F 292 prepaid office rent 60,000

9-Jul I5000 D0F 305 Salary 35,000

8-Aug I5000 D0F 331 Salary 35,000

25-Aug S1000 D0F 339 Capital 50,000

6-Sep I9000 D0F 362 Transportation 10,000

10-Sep I5000 D0F 369 Salary 35,000

10-Oct I5000 DOF 395 Salary 35,000

8-Nov I5000 DOF 406 Salary 35,000

1-Dec I12000 DOF 423 Tax 80,000

5-Dec I5000 DOF 431 Salary 35,000

20-Dec I13000 DOF 447 Profit distribution 100,000

31-Dec C/B 975,000

Total 2,270,000

Date Code Voucher No Particulars Credit

15-Jan I6000 D0F 127 Office supply 55,000

 23-Jan A5000 D0F 132 Insurance policy 50,000

3-Feb A4000 D0F 145 Inventory 30,000

25-Apr L1000 D0F 236 A/C payable 100,000

5-Sep I3000 D0F 356 Raw materials 100,000

2-Oct I10000 D0F 389 machinery 20,000

maintenance

31-Dec C/B 145,000

Total 500,000

Coca-Cola Beverage Shop

Trial Balance

For the year ending December 31, 2010

Code Particulars Debit Credit

A1000 Cash 975,000 –

A2000 Bank 145,000 –

I1000 Revenues/sales – 1,300,000

A3000 Accounts receivable 530,000

A4000 Inventory 30,000 –

I3000 Raw materials 300,000 –

I6000 Office supply 70,000 –

I7000 Office rent 120,000 –

A5000 Insurance policy 100,000 –

I8000 Advertisement 10,000

A6000 Furniture 150,000 –

I4000 Wage 10,000 –

I5000 Salary 370,000 –

I9000 Transportation 10,000 –

I10000 Machinery 20,000 –

maintenance

A7000 Computer 30,000 –

A8000 Delivery truck 150,000

A9000 Machinery 300,000

I12000 Tax 80,000

S1000 Capital Stock 1,950,000

L1000 Accounts Payable 250,000

I13000 Profit distribution 100,000

Total 3,500,000 3,500,000

Cash

Date Code V. Type OB Dr.

No

Cash

1-Jan-10 A1000 D0F Cash – 1,5

101
 3-Jan-10 A1000 D0F Cash – –
105

5-Jan-10 A1000 D0F Cash – –

108

10-Jan-10 A1000 D0F Cash – –

115

11-Jan-10 A1000 D0F Cash – –

117

23-Jan-10 A1000 D0F Cash – –

132

10-Feb-10 A1000 D0F Cash 1,030,000 –

151

15-Feb-10 A1000 D0F Cash – 2

159

25-Feb-10 A1000 D0F Cash – –

167

28-Feb-10 A1000 D0F Cash – –

173

10-Mar-10 A1000 D0F Cash 1,095,000 –

188

15-Mar-10 A1000 D0F Cash – –

197

27-Mar-10 A1000 D0F Cash – 3

208

10-Apr-10 A1000 D0F Cash 1,360,000 –

229

1-May-10 A1000 D0F Cash 1,335,000 –

249

9-May-10 A1000 D0F Cash – –

 257

8-Jun-10 A1000 D0F Cash 1,260,000

272

10-Jun-10 A1000 D0F Cash – –

279

3-Jul-10 A1000 D0F Cash 1,285,000 –

292

9-Jul-10 A1000 D0F Cash – –

305

8-Aug-10 A1000 D0F Cash 1,190,000 –

331

25-Aug- A1000 D0F Cash – –

10 339

6-Sep-10 A1000 D0F Cash 1,105,000 –

362

10-Sep-10 A1000 D0F Cash – –

369

10-Oct-10 A1000 DOF Cash 1,060,000 –

395

8-Nov-10 A1000 DOF Cash 1,025,000 –

406

21-Nov- A1000 DOF Cash – 2

10 409

1-Dec-10 A1000 DOF Cash 1,190,000 –

423

5-Dec-10 A1000 DOF Cash – –

431

20-Dec-10 A1000 DOF Cash – –

447
 Bank

1-Jan-10 A200 D0F Ban – 500,000

0 101 k

15-Jan-10 A200 D0F Ban – –

0 127 k

23-Jan-10 A200 D0F Ban – –

0 132 k

3-Feb-10 A200 D0F Ban 395,000 –

0 145 k

25-Apr-10 A200 D0F Ban 365,000 –

0 236 k

5-Sep-10 A200 D0F Ban 265,000 –

0 356 k

2-Oct-10 A200 D0F Ban 165,000 –

0 389 k

Capital

1-Jan-10 S100 D0F CA – –

0 101 P

25-Aug- S100 D0F CA 2,000,000 50,000

10 0 339 P

Prepaid office rent

3-Jan-10 I1400 D0F PO – 60,000

0 105 R

31-Jan-10 I1400 D0F PO – –

0 139 R

28-Feb-10 I1400 D0F PO 50,000 –

0 180 R
31-Mar-10 I1400 D0F PO 40,000 –
0 214 R

30-Apr-10 I1400 D0F PO 30,000 –

0 241 R

31-May- I1400 D0F PO 20,000 –

10 0 264 R

30-Jun-10 I1400 D0F PO 10,000 –

0 284 R

3-Jul-10 I1400 D0F PO – 60,000

0 292 R

31-Jul-10 I1400 D0F PO 60,000 –

0 323 R

31-Aug-20 I1400 D0F PO 50,000 –

0 345 R

30-Sep-10 I1400 D0F PO 40,000 –

0 378 R

31-Oct-10 I1400 DOF39 PO 30,000 –

0 9 R

30-Nov-10 I1400 DOF PO 20,000 –

0 414 R

31-Dec-10 I1400 DOF PO 10,000 –

0 452 R

Machinery

5-Jan-10 A900 D0F MR – 300,000

0 108 Y

A/C payable

5-Jan-10 L100 D0F AC – –

0 108 P
 9-Jan-10 L100 D0F AC – –
0 110 P

25-Feb-10 L100 D0F AC 300,000 100,000

0 167 P

5-Apr-10 L100 D0F AC 200,000 –

0 221 P

25-Apr-10 L100 D0F AC – 100,000

0 236 P

1-May-10 L100 D0F AC 115,000 –

0 249 P

31-Dec-10 L100 DOF AC 215,000 –

0 466 P

Raw materials

9-Jan-10 I3000 D0F RM – 200,000

110

5-Sep-10 I3000 D0F RM 200,000 100,000

356

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10-Jan-10 I8000 D0F AD – 10,000

115 D

Furniture

11-Jan-10 A600 D0F FU – 150,000

0 117 R

Office supply

15-Jan-10 I6000 D0F OS – 55,000

127

5-Apr-10 I6000 D0F OS 55,000 15,000

221
 Insurance policy

23-Jan-10 A500 D0F ISP – 100,000

0 132

A/C receivable

15-Feb-10 A300 D0F AC – 50,000

0 159 R

27-Mar-10 A300 D0F AC 50,000 80,000

0 208 R

8-Jun-10 A300 D0F AC 130,000 –

0 272 R

20-Jul-10 A300 D0F AC 80,000 300,000

0 314 R

21-Nov-10 A300 DOF AC 380,000 150,000

0 409 R

Office Rent

31-Jan-10 I7000 D0F OF – 10,000

139 R

28-Feb-10 I7000 D0F OF 10,000 10,000

180 R

31-Mar-10 I7000 D0F OF 20,000 10,000

214 R

30-Apr-10 I7000 D0F OF 30,000 10,000

241 R

31-May- I7000 D0F OF 40,000 10,000

10 264 R

30-Jun-10 I7000 D0F OF 50,000 10,000

284 R
 31-Jul-10 I7000 D0F OF 60,000 10,000
323 R

31-Aug-10 I7000 D0F OF 70,000 10,000

345 R

30-Sep-10 I7000 D0F OF 80,000 10,000

378 R

31-Oct-10 I7000 DOF39 OF 90,000 10,000

9 R

30-Nov-10 I7000 DOF OF 100,000 10,000

414 R

31-Dec-10 I7000 DOF OF 110,000 10,000

452 R

Inventory

3-Feb-10 A400 D0F INY – 30,000

0 145
 Coca-Cola Beverage Shop
Profit and Loss accounting
For the year ending December 31, 2010
Code Particulars(Incomes) Amount Amount
I1000 Revenues/sales 1,300,000

Total Income 1,300,000

Expenditures

Salaries & Benefits

I4000 Wage 10,000
I5000 Salary 370,000

Admin Fixed expenses

I7000 Office rent 120,000
I8000 Advertisement 10,000

Production expenses
I3000 Raw materials 300,000

Travel & Transport

I9000 Transportation 10,000

Maintenance
 I10000 Machinery maintenance 20,000

Stationary
I6000 Office supply 70,000

Vat and Tax

I12000 Tax 80,000

Others
I13000 Profit distribution 100,000

Total Expenditures 1,090,000

Excess of Income over Expenditures 210,000

Coca-Cola Beverage Shop

Statement of Retained Earnings
For the year ending December 31, 2010

Code
Particulars
Beginning RE
Net operating income
Dividend
Distributed profit
Ending RE
S2000
Retained earnings
0
310000
0
100000
210000
 Coca-Cola Beverage Shop
Balance Sheet
31-Dec-10
Code
Particulars
Amount

Assets

Current asset

A1000
Cash
975,000
A2000
Bank
145,000
A3000
Accounts receivable
530,000
A4000
Inventory
30,000
A5000
Insurance policy
100,000

Total Current Asset

1,780,000

Fixed Asset

A6000
Furniture
150,000
A7000
Computer
30,000
A8000
Delivery truck
150,000
A9000
Machinery
300,000

Total Foxed Assets

630,000

Total Asset
2,410,000

Liabilities and Owners Equity

Current Liabilities

L1000
Accounts Payable
250,000

Stockholders’ Equity

S1000
Capital Stock
1,950,000
S2000
Retained earnings
210000
Total Liabilities & Owners Equity
2,410,000
Coca-Cola Beverage Shop
Statement of Cash Flows
For the year ending December 31, 2010

Code
Particulars

Amount

Cash flows from operating activities:

C17000
Cash receipts from customers

770,000

Less : Cash Payments

I7000

Office rent
120,000

I8000

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 10,000

A5000

Insurance
50,000

I5000

salary
335,000

I4000

Wage
10,000

I9000

transportation
10,000

I12000

Tax
80,000

Net cash provided by operating activities

155,000

Cash flows from financing activities:

S1000
Investment by owner
1500000

I13000

less : Distribution
100000

W16000

less : Withdraw
50,000

Net cash provided by financing activities

1,350,000

Net increase in cash

975,000

Cash balance at January 1, 2009

Cash balance at December 31, 2009

975,000
Conclusion & Recommendation
AIS are going to start with a belief that “A man’s feet must be planted in his country
but his eye should survey the world.” That means based on the above analytical
explanation it could say that in any business could not run so far if that organization
not maintain all systematic accounting process. And that ensure by the Accounting
Information System or AIS. That’s why each company should follow the actual role of
accounting process.
Besides it’s also a responsibility that all financial data disclosed by the company
monthly or quarterly or yearly annual report. That will be a bright for the company’s
both internal environment and as well as external environment. In conclusion we ask
exoneration for any unwanted mistakes in our feasibility study and ask for kind
consideration to consider our intense effort in this project preparation phase.