Problem 1
Transactions for January 2024
Jan. 1: Rahim launched the business by depositing BDT 150,000 of his personal savings into
a new business bank account. He also contributed professional cleaning equipment he already
owned; the equipment had a fair market value of BDT 70,000.
Jan. 2: Paid BDT 45,000 cash for the first three months of rent in advance (January, February,
March).
Jan. 4: Received an award from a local community organization for "Best New Local Service
Initiative."
Jan. 6: Purchased eco-friendly cleaning supplies on credit from "Dhaka Chemical Supply" for
BDT 35,000.
Jan. 10: Provided deep cleaning services for a corporate office and was paid BDT 60,000
immediately via cash.
Jan. 15: Received a BDT 90,000 cash payment from a residential building complex for a
six-month contract for weekly common area cleaning, starting in February.
Jan. 17: Attended a local trade fair for small businesses to promote SparkleClean Pro.
Jan. 20: Completed a one-time residential cleaning project and sent a bill to the client, Mrs.
Anika, for BDT 15,000.
Jan. 22: Paid BDT 20,000 cash to "Dhaka Chemical Supply" towards the outstanding
balance.
Jan. 25: Rahim took BDT 10,000 cash from the business for personal use.
Jan. 28: Received full payment of BDT 15,000 cash from Mrs. Anika.
Jan. 30: Negotiated the terms for a large-scale cleaning project with a new hotel, with the
work planned to start in March.
Problem 2
Transactions for December 2024
Dec. 1: Aisha started the business by investing BDT 200,000 of her personal cash and a
delivery van. The van has a fair market value of BDT 800,000.
Dec. 2: Paid BDT 120,000 in cash for a one-year business insurance policy, effective
immediately.
Dec. 5: Met with a major potential client, "Dhaka Apparel," to discuss their upcoming
marketing campaign.
Dec. 7: Purchased high-end design software and office furniture on credit from "Office
Emporium" for BDT 90,000.
Dec. 10: Completed a brand logo design for a local cafe and immediately collected BDT
50,000 cash.
Dec. 14: Received a new portfolio and price list from a freelance video editor the agency
might work with in the future.
Dec. 18: Sent a bill to "SPS Group" for BDT 250,000 for a completed marketing campaign.
Dec. 21: Paid BDT 50,000 cash to "Office Emporium" as a partial payment for the items
bought on credit.
Dec. 24: Aisha withdrew BDT 25,000 cash for her personal use.
Dec. 27: Finalized the new logo design and branding guidelines for Creative Canvas itself.
No external parties were involved.
Dec. 29: Received BDT 100,000 cash from "SPS Group" towards their outstanding bill.
Dec. 30: Paid salaries to a part-time employee in cash, BDT 20,000.
Problem 3
Nov 1: Fatima invested BDT 500,000 into a business bank account. She also contributed
personal servers brought at BDT 2,50,000 current fair market value at BDT 180,000.
Nov 2: Paid BDT 75,000 from the bank for a 3-month office rent.
Nov 4: Received an inquiry from Global Exports about a potential software project.
Nov 6: Purchased networking equipment and cables on credit from Star Tech for BDT
65,000.
Nov 7: Signed a service agreement with a client to begin work next month — no payment
received yet.
Nov 10: Ordered new software tools worth BDT 25,000 — delivery and payment due next
month.
Nov 9: Billed Delta Pharma BDT 150,000 for custom software that was completed and
delivered.
Nov 12: Attended a tech conference to network and learn.
Nov 15: Received BDT 200,000 by cheque as an advance from City Bank for a future IT
support contract (starts in December).
Nov 18: Paid Star Tech in full by cash for the earlier equipment purchase.
Nov 22: Collected BDT 100,000 via bank transfer from Delta Pharma (partial payment).
Nov 25: Interviewed a candidate for a senior developer position.
Nov 28: Fatima transferred BDT 40,000 from the business account to her personal account.
Nov 29: Repaired office AC — paid BDT 5,000 in cash.
Nov 30: Paid the electricity bill BDT 8,000 and internet bill BDT 2,500 in cash.