Scribd Logo
Upload

Welcome to Scribd!

  • 88 views

    Accounts

    Uploaded by

    Smith Shah
    This document contains accounting transactions recorded between January 1, 2012 and March 9, 2012. It records various debits and credits to accounts such as capital, cash, purchases, sales, rent, salaries, and others. Debits include expenses, assets and drawings. Credits include income, liabilities and capital. By the end of the period, losses were Rs. 346,100 based on total expenses of Rs. 1,401,100 and total income of Rs. 1,055,000.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd

    Accounts

    Uploaded by

    Smith Shah
    88 views3 pages
    This document contains accounting transactions recorded between January 1, 2012 and March 9, 2012. It records various debits and credits to accounts such as capital, cash, purchases, sales, rent, salaries, and others. Debits include expenses, assets and drawings. Credits include income, liabilities and capital. By the end of the period, losses were Rs. 346,100 based on total expenses of Rs. 1,401,100 and total income of Rs. 1,055,000.

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    XLSX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document contains accounting transactions recorded between January 1, 2012 and March 9, 2012. It records various debits and credits to accounts such as capital, cash, purchases, sales, rent, salaries, and others. Debits include expenses, assets and drawings. Credits include income, liabilities and capital. By the end of the period, losses were Rs. 346,100 based on total expenses of Rs. 1,401,100 and total income of Rs. 1,055,000.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    88 views3 pages

    Accounts

    Uploaded by

    Smith Shah
    This document contains accounting transactions recorded between January 1, 2012 and March 9, 2012. It records various debits and credits to accounts such as capital, cash, purchases, sales, rent, salaries, and others. Debits include expenses, assets and drawings. Credits include income, liabilities and capital. By the end of the period, losses were Rs. 346,100 based on total expenses of Rs. 1,401,100 and total income of Rs. 1,055,000.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    You are on page 1of 3

    DATE

    PARTICULARS

    1/1/2012

    Capital a/c
    To cash a/c

    3/1/2012

    Purchases a/c
    To cash a/c

    4/1/2012

    Purchases a/c
    To Ramu a/c

    6/1/2012

    Adverisement a/c
    To cash a/c

    8/1/2012

    Ramu a/c
    To Return Onwards a/c

    11/1/2012

    Rent a/c
    To cash a/c

    14/1/2012

    Electricity a/c
    To cash a/c

    16/1/2012

    Cash a/c
    To sales a/c

    18/1/2012

    Suresh a/c
    To sales a/c

    21/1/2012

    Salary a/c
    To cash a/c

    24/1/2012

    Drawings a/c
    To bank a/c

    26/1/2012

    Bank a/c
    To Interest Received

    28/1/2012

    Jignesh a/c

    DEBIT

    500,000
    250,000
    250,000
    30,000
    50,000
    60,000
    20,000
    400,000
    200,000
    40,000
    10,000
    20,000
    75,000

    To bank a/c
    To Discount Received a/c
    31/1/2012

    Machinery a/c
    To cash a/c

    2/2/2012

    Cash a/c
    To sales a/c

    5/2/2012

    Purchases a/c
    To cash a/c

    8/2/2012

    Cash a/c
    To sales a/c

    15/2/2012

    Rent a/c
    To bank a/c

    18/2/2012

    Salary a/c
    To o/s salary a/c

    CREDIT

    120,000
    50,000
    150,000
    5,000
    1,000

    250,000
    250,000
    30,000
    50,000
    60,000
    20,000

    400,000

    200,000

    40,000

    10,000

    20,000

    70,000

    100,000

    500,000

    5,000

    100,000

    120,000

    50,000

    150,000

    5,000

    1,000

    EXPENSES

    500,000
    250,000
    250,000
    30,000
    60,000
    20,000
    10,000
    100,000
    70,000
    50,000
    41,000
    10,000
    4,000
    5,000
    1,100
    1,401,100

    21/2/2012

    Purchases a/c
    To Shailesh a/c

    26/2/2012

    Smith a/c
    To sales a/c

    29/2/2012

    Depreciation a/c(10%)
    To machinery a/c

    2/3/2012

    Prepaid Rent a/c


    To rent a/c

    6/3/2012

    Purchases a/c
    Cartage a/c

    35,000
    110,000
    10,000
    4,000

    9/3/2012

    Commission a/c
    To cash a/c

    35,000

    110,000

    10,000

    4,000

    1,000

    1,000
    100

    To Raju a/c
    To cash a/c

    5,000

    100
    5,000

    INCOME

    LOSS

    50,000
    400,000
    200,000
    20,000
    120,000
    5,000
    150,000
    110,000
    1,055,000

    1,401,100
    1,055,000
    346,100

    You might also like