basic ppt about Transport Accounting held for m.com 1st

1. -: Prepared By :-
Name:- Jadhav Shubham Balasaheb
Class:- M.com 1st , Sem -2nd
Subject:- Advanced accounting & Taxation III
Roll no:- 1549

2. 
Transport has a key role in economic activity. It is first
of all sectors of economic activity which contributes to a
share of national output .
It is , however ,also an essential means of realising that
output. Transport means carrying of goods and
passenger from one place to another . It brings mobility
to men materials. Transport undertaking is also a
business organization
INTRODUCTION

3. 
Transport Means Carrying Of Goods And Passenger
From One Place To Another.
and Maintaining Books Of These Records Are Known
To Transport Accounting
DEFINITIONS

4. 
 The Transaction Relating To Transport Are Similar
To Those Relating Other Functions /Departments .
This Is Particularly So In Case Of :
A) INCOME :-
Income is the generated cash/profit in the business of
transport
Items as follows :
ITEMS INCLUDES IN TRANSPORT ACCOUNT

5. 
 Income From Luggage Charges
 Income Renting Of Buses
 Income From Advertising Charges For Advertisements
On Buses , Sheds , Tickets ;
 Income From Tender From Fees
 Income From Investment , Etc.

6. 
 Expenditures On Salaries And Other Employees
Dues
 Expenditures On Stores & Consumables
 Expenditures On Repairs And Maintenance
 Expenditures On General Administration ,Etc.
B) Expenditure :
this are the expenses incurred in the business are as
follows :

7. 
 On Purchase And Acquisition Of Buses , General
Office Equipment's , Specific Equipment's
 For Workshops
 On Purchase On Land And Construction Of Depots ,
Sheds , And Bus Stops ,Etc.
C ) Fixed Assets :-
fixed assets includes following items :

8. 
 Logbook is also known as daily log report . Motor
vehicle expenses are an example of expenses that
may to be apportioned by whole proprietors and
partnerships when they not wholly related to
business purposes.
LOGBOOK

9. 
Thank you