New Product Advancement Process

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02.09.2019-814 views -Cool product Development

 New Product Development Process Essay

BUSINESS BACKGROUND

I am Kamal Bin Ismail is the owner of the Buzz Light Enterprise that has started about 1st March 2015. Lumination Your Space Enterprise is situated in Segamat, Johor. The type of my own business can be sole proprietorship that markets various kind of lamps, the bulbs and also amazing chandeliers. Besides that, this kind of business likewise earned cash by hiring lamp and chandelier to people for any service such as wedding. Buzz Light Enterprise has joined in charity that helps needy people. I possess contributed my own money intended for the capital from the business to start up the business which expense RM50, 500. I even offers bought store building which usually cost RM 25, 000 for the organization to operate. I use one employee that work from this business.

DEAL

Feb 1 | Start a business with RM50, 000 funds and shop building RM25, 000. | 2 | Deposit RM25, 000 money into banking account. | three or more | Bought furniture via CT Furniture Enterprise RM15, 000 by cheque in to business. | 4| Purchase red light of RM500 from A harmonious relationship Bulb Bhd by funds and cash purchase of RM350 for energy-saver bulb from Eco-life Company| 5 | Buy products from Philips Sdn Bhd by credit rating RM8, 000 invoice no1001. | 7 | Purchase goods coming from Mentol Sdn Bhd RM6, 000 account no3002 and Crystal Deco Sdn Bhd RM20, 500 by credit invoice no4003. | 8| Take insurance from Kurnia worth RM 100 paid out by cash. | on the lookout for | Take lorry into business RM10, 000.

11 | Credit product sales to Jaws Bhd RM10, 000 account no001. | 12 | Return to Mentol Sdn Bhd RM500 credit rating note no555 and Amazingly Deco Sdn Bhd RM1000 credit take note no777. | 14 | Credit product sales to Lodge Selesa RM18, 000 invoice no002. | 15 | Return by Jaws Bhd RM100 credit rating note no01. | 16| Cash sales red light to Zali worth RM 200 and cash sales energy-saver bulb to Liang worth RM250. | 16| Credit sale RM10000 pertaining to chandelier to Vintage Restaurant invoice no003. | 17 | Received cash by Jaws Bhd RM9900.

18| Return goods to Philips Sdn Bhd RM150 credit take note no9321. | 18| Merchandise return by Vintage Cafe of RM250 credit note no02 and also goods go back by Motel Selesa of RM100 credit rating note no03. | 19 | Pay Philips Sdn Bhd RM7850 by cheque and Mentol Sdn Bhd RM5500 by simply cash. | 20 | Cash revenue RM3000 to Ezzat Mobil Bhd. | 20| Received cash from Hotel Selesa RM17900.

21| Rent obtain of RM500 from Puan Bibah on her behalf son's akikah. | 22| Cash order RM800 by Brighter Venture. | twenty four | Carriage outwards RM80 by cash.

25| Bring RM100 cash for charitable trust.

26| Received cheque by Vintage Restaurant RM9750.

twenty seven | Lease received pertaining to wedding ceremony RM2, 500 by simply cash and from Marriage Agency RM3, 000 by cheque. | 28| Spend salary RM1, 000 to Aidil by cheque.

JOURNALS

| | | | Buzz Lumination Enterprise| |

| В | В | В | General Journal| В | В

Date| Particular| Charge (RM)| Credit (RM)

2015 Feb 1| Building| В | В | twenty-five, 000. 00| В

| В | Capital| В | В | В | twenty-five, 000. 00

8| Insurance | | В | 75. 00| В

| В | Bank| | В | | 100. 00

9| Vehicle| В | В | 10, 500. 00| В

| В | Capital| В | В | В | 10, 1000. 00

25| Drawing| В | В | 75. 00| В

| В | Cash| В | В | В | 100. 00

Buzz Mild Enterprise

| | |

Obtain Journal

DATE| PARTICULAR| ACCOUNT NO| VOLUME (RM)

| В | В | В

2015 February 5| Philips Sdn Bhd| 1001| eight, 000. 00 | 7| Mentol Sdn Bhd| 3002| 6, 500. 00 | 7| Crystal Deco Sdn Bhd| 4003| 20, 000. 00 | 28| Transfer to Purchase a/c| В |...

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