About this document

Galaxy Software Financial Analysis June 2023 by Soumya is a document available to read on EtoBox.

Galaxy Software Pvt. Ltd was formed on June 1, 2023 by Vikas and Vinay who each contributed Rs. 5 lakhs. They took a loan of Rs. 5 lakhs from Oriental Bank at 12% interest. They rented an office for Rs. 60,000 advance rent for 6 months and hired two computer operators at Rs. 20,000 per month each. Vikas and Vinay also agreed to draw a salary of Rs. 50,000 per month each. Various business transactions occurred throughout the month of June.

Author

Soumya

Language

EN