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Dev Cafe Case

This case provides financial documents for Dev's Cafe over 3 years: 1) Trading and Profit & Loss statements and Balance Sheets are presented for 2009, 2010, and 2011 showing income, expenses, assets and liabilities. 2) Cash & Bank statements track cash inflows and outflows for each year. 3) The objective is for students to gain experience preparing financial statements and reports to extract relevant financial information.

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sarlagrover
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© © All Rights Reserved
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Download as PPTX, PDF, TXT or read online on Scribd
93 views

Dev Cafe Case

This case provides financial documents for Dev's Cafe over 3 years: 1) Trading and Profit & Loss statements and Balance Sheets are presented for 2009, 2010, and 2011 showing income, expenses, assets and liabilities. 2) Cash & Bank statements track cash inflows and outflows for each year. 3) The objective is for students to gain experience preparing financial statements and reports to extract relevant financial information.

Uploaded by

sarlagrover
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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DEV’S CAFÉ CASE

CASE OBJECTIVE AND EXPECTED


OUTCOMES

Objective: Managers have to constantly deal with financial reports and financial
statements in order to extract relevant information specific to the problem at hand.
This case aims to provide fundamental skills to the students so that they can prepare
financial statements and reports pertaining to different business

Expected Learning Outcomes


•It will help the student understand the fundamental principles of accounting.
•It will help the student to have hands on experience in book keeping and preparation
of financial statements over the years. 2
Trading & Profit & Loss A/c for the year ending 31
July 2009

Expenditure Amount Incomes Amount


Food & Beverages 15500 Sales 26000
Rent 1500

Profit 9000

PROF. ANUJ VERMA


26000 26000 6/29/20 3
Balance Sheet as on 31 July 2009

Liabilities Amount Assets Amount


Capital: Furniture 10500
Dev Gopal 20000 Utensils 9200
Dev Saran 20000 Equipments 6300
Profits 9000 Security Deposit 10500
Cash 2500
Bank 10000

PROF. ANUJ VERMA 6/29/20 4


49000 49000
Cash & Bank A/c for the year ending 31 July 2009

Particulars Amount Particulars Amount


Furniture 10500 Capital 40000
Utensils 9200 Sales 26000
Equipment 6300
Security Deposit 10500
Food & Beverages 15500
Rent 1500
Cash & Bank 12500
6/29/20 5

66000 66000
Trading & Profit & Loss A/c for the year ending 31
July 2010

Expenditure Amount Incomes Amount


Materials 150000 Sales 410000
Eatables 58000 Closing stock 10500
Gas & Fuel 36000
Wages 26000
Soft Drinks 60000
Rent 3000
Travelling 15000
Interest on Loan 2500
Miscellaneous 5000
Depreciation:
Uternsils 1840
Furniture 1050
Equipments 945
PROF. ANUJ VERMA 6/29/20 6

Profit 61165
420500 420500
Balance Sheet as on 31 July 2010

Liabilities Amount Assets Amount


Capital 70165 Furniture 9450
Bank Loan 11500 Utensils 7360
Equipments 5355
Security Deposit 10500
Closing stock 10500
Cash 38500

PROF. ANUJ VERMA


81665 81665 6/29/20 7
Cash & Bank A/c for the year ending 31 July 2010

Particulars Amount Particulars Amount


Materials 150000 Balance b/d 12500
Eatables 58000 Bank Loan 25000
Gas & Fuel 36000 Sales 410000
Wages 26000
Soft Drinks 60000
Rent 3000
Travelling 15000
Interest on Loan 2500
Miscellaneous 5000
Loan repaid 13500
Withdrawal 40000
Balance c/f 38500
PROF. ANUJ VERMA 6/29/20 8

447500 447500
Trading & Profit & Loss A/c for the year ending 31
July 2011

Expenditure Amount Incomes Amount


Opening stock 10500 Sales 770000
Materials 400000 Closing stock 18500
Gas & Fuel 50000
Wages 52400
Soft Drinks 84800
Rent 3000
Travelling 23200
Interest on Loan 1150
Miscellaneous 2800
operating 80000
Depreciation:
Uternsils 1472
Furniture 945
Equipments 803.25

PROF. ANUJ VERMA 6/29/20 9


Profit 77429.75
788500 788500
Balance Sheet as on 31 July 2011

Liabilities Amount Assets Amount


Capital 97595 Furniture 8505
Bank Loan 3500 Utensils 5888
o/s Wages 3600 Equipments 4552
Security Deposit 10500
Closing stock 18500
FD 30000
Cash 26750

PROF. ANUJ VERMA 6/29/20 10


104695 104695
Cash & Bank A/c for the year ending 31 July 2011

Particulars Amount Particulars Amount


Materials 400000 Balance b/d 38500
operating 80000 Sales 770000
Gas & Fuel 50000
Wages 48800
Soft Drinks 84800
Rent 3000
Travelling 23200
Interest on Loan 1150
Miscellaneous 2800
Loan repaid 8000
Withdrawal 50000
FD 30000
Balance c/f 26750
PROF. ANUJ VERMA 6/29/20 11

808500 808500

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