Particulars Capital Drawings Cash Furniture Machinery Buildings Stock in trade Purchases

detail Credit side on TB. Liablity of business to owner. Debit Side on TB. Withdrawal of owner from business Debit Side on TB. Asset. Balance of this account indicates cash in hand Debit side of TB. It is an asset which helps to earn profit. Same Same Debit side of TB. Goods which were left from the previous accounting year. Debit side of TB. Expense. Goods that are bought are included in the purchases account.

Sl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48

Particulars Accrued income Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors Trade expenses Van Wages Purchase Return Sales Return Commission received Insurance premium

Amount Dr.

Amount Cr.

500 6000

98000 4000 15000 4000 2000

10000

22000 25000

1500 90000 4000 35000 140000 20000 31000

25000 2000 1000 2000 1000

49 50 51

Suspense Account total

269500

269500

Sl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40

Particulars Accrued income Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors

Amount Dr.

Amount Cr.

1000 1000

32000

200 2400 1600

6000

4000

20000 200 2000 60000 800 2000

800 66000 9200

10000

41 42 43 44 45 46 47 48 49 50 51

Trade expenses Van Wages Purchase Return Sales Return Commission received Insurance premium Commission allowed

600

1600 1000

Suspense Account total

111200

111200

Sl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32

Particulars Accrued income Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent

Amount Dr.

Amount Cr.

3600

408000

1200 2700 114000

1200

120000

33000 78000

90000

33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51

Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors Trade expenses Van Wages Purchase Return Sales Return Commission received Insurance premium Freight Printing And Stationery loan Suspense Account total

150000

245400

3300

3000

2200 60000 6000 13200

1000 18600 677200

677200

Sl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24

Particulars Accrued income Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill

Amount Dr.

Amount Cr.

8000 2000

300000

30000

30000

50000

25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51

import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors Trade expenses Stationery Wages Purchase Return Sales Return Commission received Insurance premium Interest on mortgage loan Advertisement Suspense Account total

4000 80000 150000 50000

2000 6000 15000

33000 5000

2000 3000

385000

385000

Sl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Particulars Accrued income Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed

Amount Dr.

Amount Cr.

6000

90000 9900 2400 5000 6000

18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51

Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors Trade expenses Van Wages Purchase Return Sales Return Commission received Insurance premium

4100

10700 15500

36000 1200

16000 20700

500

Suspense Account total

112000

112000

Sl 1 2 3 4 5 6 7 8 9

Particulars Accrued income Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable

Amount Dr.

Amount Cr.

500 6000

10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51

Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors Trade expenses Van Wages Purchase Return Sales Return Commission received Insurance premium

98000 4000 15000 4000 2000

10000

22000 25000

1500 90000 4000 35000 140000 20000 31000

25000 2000 1000 2000 1000

Suspense Account total

269500

269500

Sl 1

Particulars Accrued income

Amount Dr.

Amount Cr.

2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51

Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors Trade expenses Van Wages Purchase Return Sales Return Commission received Insurance premium

1500 500

100000

250000

69000

50000 30000

100000

50000

Suspense Account total

49000 350000

350000

Sl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49

Particulars Accrued income Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors Trade expenses Van Wages Purchase Return Sales Return Commission received Insurance premium

Amount Dr. 1500 500

Amount Cr.

100000

242000

69000

50000 30000

100000

42000

50 51

Suspense Account total

49000 342000

342000

Sl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45

Particulars Accrued income Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors Trade expenses Van Wages Purchase Return Sales Return

Amount Dr.

Amount Cr.

33000 24000 45000 237000 300000 2400 5550 1140 2280

2400

3600

49770 11400

182760 21390 3300 307800 37500 62010

94200 7200 3690

46 47 48 49 50 51

Commission received Insurance premium

2610

Suspense Account total

720000

720000

Sl 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41

Particulars Accrued income Accrued rent Accrued salaries Apprenticeship premium allowed Apprenticeship premium received Bad debt Bank overdraft Bills payable Bills receivable Buildings Capital Carriage on purchases Carriage on sales Cash at bank Cash in hand Deffered advertisement Discount allowed Discount received Drawings Export duty Fixed asset Furniture General reserve Goodwill import duty Insurance Investment Leasehold property Machinery Mortgages Opening Stock in trade Outstanding rent Outstanding salaries provision for baddebt Purchases Rent and taxes Salaries Sales Sundry creditors Sundry debtors Trade expenses

Amount Dr.

Amount Cr.

42 43 44 45 46 47 48 49 50 51

Van Wages Purchase Return Sales Return Commission received Insurance premium

Suspense Account total

Particulars DR. Opening Stock

Organization Trading account For year ended on amount particulars Sales

CR

amount

Particulars

DR.

Organization Profit and loss account For year ended on amount particulars

CR

amount

liabilities

Organization Balance Sheet As at amount

asset

amount