Maharaj Pty Ltd is an Indian restaurant that specialised in lamb and chicken biryani, Maharaj cater both dine in and take away, Maharaj located in Melbourne CBD where the company pay rents to the landlord that own the space. Maharaj employs 5 salaried staffs and registered for GST.

Maharaj also own 3-bedrooms apartments (residential) that the company rent out for the amount of $750/week ($39,000/year)

For the period ending 30 June 2021, the company recorded the following transactions

Amount Included GST where applicable Income Sales of Lamb Biryani Sales of Chicken Biryani 151,200 Sales of Drinks Rental Income ( Residential Property) 39000 Expenses Purchase of Ingredients (Raw Chicken, Lambs) 35000 Spices 10 000 Cutlery (plates, spoons, forks) 5,500 Electricity 19.200 Bookkeeping/Accounting 6.600 Rental expanse (Restaurant) 110 000 Depreciation expense (Fumiture, fit outs) 31,500 Interest expense 4,650 Wages (staffs) 160 000 Rental Property expenses Management Fee (Payable to real estate agency) 2.145